The QIA, which holds two seats on VW’s 20-member supervisory board that appoints and dismisses executives, has been looking to solve the leadership crisis at Volkswagen.
Emaar Properties expects a 2015 net profit of Dhs3.695 billion, higher than the Dhs3.366 billion average forecast.
The company’s net profit for the three months to March 31 was SAR398.4 million.
Net profit rose to $99 million in the three months.
The bank attributed its increase in net profit to higher total operating income.
Kuwait Petroleum Corp said at the start of military operations in Yemen led by Saudi Arabia that it had raised security around its oil facilities.
Wasit will be one of the largest gas plants not linked to oil wells ever built by Saudi Aramco.
The Islamic lender made a net profit of QAR400 million in the first quarter of the year.
The airline’s capital spending on aircraft and other aviation equipment pumped in $2.6 billion to the European economy last year while supporting 28,100 jobs.
The bank sold a $1 billion capital-boosting sukuk issue in January.
The fine was imposed because of a nine-hour service interruption last year.
The Dubai index jumped three per cent, hitting a two-month closing high of 3,942 points.
The company had 2.72 million mobile and fixed line subscribers as of March 31, up 12 per cent from a year earlier.
The lender made a net profit of OMR12.6 million in the three months to March 31.
The regulator penalised Deutsche Bank on finding “serious contraventions” in the lender’s Dubai operations.
Over 60 per cent of residents plan to move to a new home before their next lease renewal, finds new survey.
The guards are accused of allegedly sexually assaulting two teenage boys while conducting a security search in Jeddah airport.
Huda al-Lawati was previously a managing director at Abraaj, having joined the firm in 2004 as an analyst.
The bank made a net profit attributable to shareholders of Dhs816.7 million in the first quarter of 2015.
The total number of workers in the country reached over 4.4 million, according to data from the Ministry of Labour.
The unit’s operational rates were still high and oil product exports will not be affected, an official said.
The ruling comes as the accused Alaa Bader Abdullah told the court in a previous hearing that she was not mentally stable and had suffered from hallucinations.
Naimi met the representatives and exchanged views about recent oil market developments as well as ways to develop oil cooperation.
The company made a net profit of OMR3.83 million ($9.95 million) in the first quarter of 2015.
The company made a net profit of SAR265 million in 2014, according to a statement posted on the bourse website.
The lender made a net profit of SAR2.61 billion ($696 million) in the first quarter of 2015.
Water and power use in Saudi Arabia are growing about eight per cent annually, putting a pressure on the government.
It is the seventh quarter in the last eight in which the firm has posted decreasing profits.
The statement from the Egyptian presidency appeared to be a sign that the Arab coalition may carry through on threats to eventually launch a ground intervention.
The developer made a quarterly profit of Dhs55.2 million in the three months to March 31.