ORPIC runs oil refineries at Sohar and Muscat as well as aromatics and polypropylene production plants at Sohar.
One of the purchases will be of a financial entity, with the second acquisition coming in the real estate sector.
The airline is expecting to begin operations in the Kingdom in the next six to 18 months.
The series of private island villas will be located within the OQYANA World First development forming the continent of Australasia.
The UAE accounted for 54 per cent of BMW’s sales in the Middle East, followed by Saudi Arabia and Kuwait.
The deal was underwritten by Citigroup, Emirates NBD and Societe Generale.
Damac received approval from the UAE Securities and Commodities Authority in December to list on the DFM.
Called “Meem” – the letter M in Arabic – the new retail banking platform will offer personal finance products and credit cards in Saudi Arabia.
A witness said that protest marches turned violent, with dozens of young men throwing petrol bombs at security forces who fired bird shot and tear gas back.
Raif Badawi, who set up the “Free Saudi Liberals” website, was arrested in June 2012 and prosecuted for offences including cyber crime and disobeying his father.
The crude unit was back online on January 2 with 80 per cent capacity and is expected to return to full capacity by January 21.
Limitless has been in talks with creditors for nearly a year and in November floated a tentative proposal backed by future cashflows.
The government confirmed last week that three of the four attackers, who carried out a gun attack on the country’s border, were Saudi nationals.
DIC has mandated Barclays to explore the options of the possible divestment, sources said.
The transaction was signed at the very end of 2014, sources said.
The company recommended a a cash dividend of 7 riyals ($1.92) per share for 2014.
The upgraded service will increase Emirates’ capacity from Manchester by 13 per cent, the airline said.
The hotel will have 155 standard king rooms, 56 twin rooms and eight Burj View suites, decorated in an Arabian cultural style.
Normal operations are expected to resume by later on Thursday afternoon, the spokesman said.
If approved, Gulf investors will be allowed to own up to 100 per cent of Drake and Scull’s shares.
The company said that it will pay a dividend of QAR1.1 riyals ($0.30) per share for 2014.
Saudi Arabia said in a statement via its official news agency that it denounces this “cowardly terrorist act”.
The company declined to comment on exactly how much the cut would be or when it would be implemented.
The bank said that it recommended a cash dividend of SAR0.5 per share ($0.13) for the second half of 2014.
The Capital Market Authority said that Saudi British Bank could issue one bonus share for every two shares held.
The minister said on Wednesday that the Oman’s budget assumed oil prices would average $75 per barrel this year.
Borouge is a joint venture between state-owned Abu Dhabi National Oil Company and Austria’s Borealis.
A possible merger of the Abu Dhabi Securities Exchange with the Dubai Financial Market has been discussed on and off for years.
The company said that its contracts were based on fixed rates which had an average life of between three and five years.
The Abu Dhabi Financial Centre will have its own administration, court system and tax incentives to attract banks and companies from around the world.