Steve Bertamini has been appointed chief executive effective from May 18, the lender said in a bourse statement.
The contract for the project will be awarded on January 28, 2016, a senior RTA official said.
Policeman Maged al-Ghamdy was patrolling the area at 7:30 p.m. local time when he was shot from an unidentified car, the official news agency said.
Both leaders will “build on their close consultations on a wide range of regional and bilateral issues,” White House spokesman said.
The rapprochement between two of the Middle East’s biggest powers already appears to be paying dividends in Syria.
So far, MSCI only had provisional indexes covering the $570 billion Saudi stock market, which is set to open to foreign investors in June.
Scores of civilians were reportedly killed and thousands forced to flee their homes after the coalition declared the entire governorate a military target.
Dto Gulf airlines really get unfair assistance from their governments, or are US carriers looking to stifle the competition?
Figures from Asia’s top three importers show that the Kingdom is more or less holding its ground in market share, writes Reuters’ columnist Clyde Russell.
The emirate’s real estate is expected to stabilise this year, but the negative impact of lower oil prices could be felt in the longer term.
Many barriers such as strict foreign ownership limits, rules for settling traders and its long way into MSCI index are some of the factors curbing a flood of foreign money.
The state-backed King Abdulaziz City for Science and Technology said it had signed an agreement with Antonov to produce the AN-32 aircraft.
Capital raised from the IPO will be used to expand the company’s waste management and mass accommodation services for workers on construction projects.
The firm said first quarter sales rose 13 per cent year-on-year to BD206.6 million.
US Secretary of State John Kerry, who is visiting Riyadh, welcomed the proposal.
Officials from the European Union and the UAE signed the final agreement, validating visa free travel for Emiratis to the EU region.
The opening of Aloft, Studio M and Millennium will see the addition of around 1,300 new hotel rooms.
Saudi consumer prices rose two per cent from a year earlier in March.
US Secretary of State John Kerry began negotiations in Riyadh on Thursday to pause the campaign of airstrikes launched by a Saudi-led coalition on March 26.
The index identifies New York, London, Singapore, Paris and Hong Kong as the top five performing cities globally.
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.