The total value of projects awarded in the GCC climbed to above $40 billion in Q1 2015.
The company is also holding talks with another bank about the possibility of restructuring a further SAR99.6 million of debt.
Mobily, which is under investigation by the bourse regulator, reported a first-quarter loss of SAR199 million ($53 million).
Large scale events such as the upcoming football tournament are more vulnerable to cyber attacks, says expert.
The four-bedroom villa concept includes an array of solar panels that will generate approximately 40,000 KWh per year.
The third-largest lender by assets in the UAE, made a net profit of Dhs1.42 billion for Q1 2015.
The bank earned a net attributable profit of SAR452.3 million ($127.1 million) for the three months to March 31.
ENBD’s loan growth climbed by four per cent in the first quarter of the year.
Construction work on the project is set to begin in the first half of this year.
The 285-room property will be located in Dubai’s Business Bay.
The newly branded hotel is scheduled for operation in 2018.
The perpetual, non-call five deal at present has commitments from lead arrangers worth $600 million, documents showed.
Chevron’s decision was mainly down to problems getting work permits from the Kuwaiti authorities for its expatriate staff, sources told Reuters
The water park is an addition to the under construction Legoland Dubai theme park, set to open in October 2016.
The lender, 55.6 per cent owned by state fund Investment Corp of Dubai, made a net profit of Dhs1.67 billion in Q1.
The developer made a net profit of Dhs792.9 million in the three months to March 31.
The project will have a residential building consisting of 234 units and a 188-key hotel.
HSBC Saudi Arabia needs to revamp its compliance procedures before CMA can reverse the ban, sources reportedly said.
The delegation will meet Prince Abdulaziz because Saudi oil minister Ali al-Naimi is out of the country on a business trip, a source said.
The plan is part of the UAE’s strategy of increasing its crude oil output potential to 3.5 million barrels per day by 2017-18.
The lender set price guidance for the bond, which will boost its Tier 1 (core) capital, in the low 7 per cent area.
Saudi Arabia has been supplying more crude to Asian markets and Saudi Aramco’s shipping arm has tendered to build 5 very large crude carriers (VLCCs).
The bank said in a bourse filing that net profit for the three months to the end of March was $32.4 million.
Mobily, an affiliate of the United Arab Emirates’ Etisalat, made a net profit of SAR199 million in the first quarter of 2015.
Kingdom made a net profit of SAR139.4 million ($37.2 million) in the first quarter of 2015.
The Sipchem Chemicals Co plant will make up to 63,000 tonnes per year of polybutylene terephthalate (PBT) resin.
The firm chose Bank Muscat and J.P.Morgan to arrange investor meetings for the bonds in the United States and Europe.
Initial price thoughts were set in the 140 basis points area over midswaps for the sukuk, which have an agency-based structure known as wakala.
The company made a net profit of Dhs86.6 million in the first quarter of 2015.
The company expects to set up offices by the end of this year.