The firms are looking at developing renewable projects with a capacity of 2 GW in Egypt.
Sweden cancelled a defence cooperation accord with Saudi Arabia last week over rights concerns.
Saudi oil adviser Ibrahim al-Muhanna said he was optimistic about crude oil demand growth, and expected future supply to be “healthy”.
The developer has not breached its contract, states Ali Rashid Lootah, chairman of Nakheel.
The firm plans to reduce the number of shares by 40 per cent instead of cutting their nominal value.
Capital City Partners, a private real estate investment fund headed by Emaar Chairman Mohammed Alabbar, will build the new Egyptian city.
The new projects include development of four shopping malls and other facilities in greater Cairo, and the introduction of VOX cinemas over the next five years.
Inflation this year in Qatar is expected to be three per cent, the prime minister said.
Phase II and III of the project are 25 per cent and 15 per cent complete respectively, a senior official said.
The embassy had warned last week that Western oil workers in Saudi Arabia may be the target of militant attacks in the coming days.
The investments include drilling nearly 40 new development wells, a similar number of workovers on existing wells, building new pipelines and debottlenecking an existing plant.
This was ADNOC’s first naphtha spot sale after the expansion of its Ruwais refinery, where capacity has been more than doubled.
In a bourse filing, the company said repairing the fault was expected to be completed within 10 days.
The message from the US did not identify the militants or the group they belong to.
The cash replaces an existing $4 billion five-year loan due to mature later this year which Aramco uses as a back-up facility.
The deal is QNB’s biggest syndicated loan to date and proceeds will be used for general corporate purposes.
A deal from the emirate is expected before the end of April, three sources told Reuters earlier this month.
The mysterious twitter user, who uses the handle @Mujtahidd, said he wants to expose corruption, injustice and hypocrisy.
The bond will be Mubadala GE Capital’s first since it completed a debut transaction in November worth $500 million.
The flotation is expected to happen in the second half of the year on one of Dubai’s two stock markets.
Under the ban UAE riders will not be allowed to compete for their country in any international events.
Starcom MediaVest Group Dubai won Media Agency of the Year.
No injuries were reported as a result of the accident, the airline said in a statement.
The confiscated falcons – which can be worth upwards of $250,000 each – were released into the wild this week.
Saudi Arabia said that the move was prompted by remarks by Swedish Foreign Minister Margot Wallstrom about the Kingdom’s regard for human rights.
The two airports in the city will see around 126 million passengers by 2020, Dubai Airports CEO Paul Griffiths said.
The move aims to reduce the improper use of drones in the country until adequate regulations are in place.
Shuwaish al-Duwaihi has been replaced by Essam bin Saeed as minister of state and member of the cabinet.
The new tramway will consist of four lines, covering 32 km, and serving 37 stations.
The proportion of fuel costs to the company’s total costs is slated to fall to 35-37 per cent, from 42 per cent in the previous 12 months.