Prime house prices in Dubai fell 1.1 per cent year-on-year in Q1 2015 while showing a 1.9 per quarter-on-quarter decline.
The airline’s Chairman and CEO Sheikh Ahmed bin Saeed al-Maktoum said lower oil prices had saved Emirates around Dhs2 billion during the financial year.
In total, shares worth OMR53.28 million were bid for under the capital increase, which saw 228.8 million new shares sold to investors.
Kuwait has signed a formal letter stating its firm plans to buy newer-model Boeing jets, sources said.
It did not provide any details such as a timeline or a potential sale price of the unit.
Jadwa, Saudi’s largest private investment firm, expects inflows to reach between $40 billion and $50 billion in the medium to long term.
Saudi Ground Services Co, a unit of national carrier Saudi Arabian Airlines, plans to sell 30 per cent of its shares.
Tabreed said the bond buyback will be financed through a new loan it secured during a debt refinancing last year.
The unmanned probe, named Hope, will collect data that will help scientists learn about the atmosphere in Mars.
The airline chief said that Indigo would be Qatar Airways’ preferred choice if it wanted to invest in India.
Qatar’s existing 25-year exploration and production-sharing agreement with Maersk Oil of Denmark expires in 2017.
Reporter Florian Bauer as well as a cameraman and a sound engineer were detained as they filmed migrant workers in the capital Doha.
Since inheriting the throne, King Salman has embarked on a war in Yemen, restructured the oil sector and shaken up the line of succession.
In 2012, the Saudi goverment introduced a levy of 2,400 riyals ($640) a year for every foreigner whom a company employs above the number of its Saudi workers.
Partly because of higher labour costs, Khodari’s net profit tumbled 57 per cent from a year earlier to $3.7 million in the first quarter of this year.
The strikes occurred after Yemen’s Houthi fighters fired mortar bombs and rockets at a Saudi Arabian border town on Tuesday.
Abu Dhabi businessman Mohamed Thani Murshed Ghannam al-Rumaithi was elected as the new chairman.
The minister said that he saw a bright future for education, training, development and manufacturing in the Kingdom.
The projectiles struck a girls’ school and a hospital in Najran, which is only two miles from Yemen’s border, officials said.
The island will consist of a Butterfly House, a literature pavilion and art sculptures, the emirate’s agency said in a statement.
Sources told Reuters last month that the firm could raise between $750 million and $1 billion from the senior unsecured Reg S/Rule 144A issue.
The minister was also optimistic that the global economy was emerging from its slump, but that one couldn’t expect a return to growth levels of 10 years ago.
SACO, a popular supplier of building tools and mechanical equipment in the kingdom, offered 2.88 million shares to individual investors.
Output, new orders and employment all rose more quickly during the month, with the output index climbing to 62.0 points from 60.7.
Employment continued to increase but at a slower pace.
A single foreign investor will be able to hold no more than 5 per cent of any listed company, while total foreign ownership of a firm will be limited to 20 per cent.
The statement comes as the UN prepared a plan to set up an air-bridge to bring humanitarian workers into the country.
The group is looking to open a hotel in London in order to attract GCC tourists travelling to the UK.
The carrier also confirmed that it would add a second daily service to New York from March 1, 2016.
Qatar is expected to create the most number of jobs in the Gulf this year as it readies for the World Cup in 2022.