The company plans to achieve its 2018 profit target through earnings growth “across our core companies, particularly those in the financial services and media sectors”.
The head of BIE is on an official visit to Dubai to discuss the approaching submission of the Expo 2020 registration document.
The plant, in Jubail, is operated by Sahara & Ma’aden Petrochemicals Co (SAMAPCO) and will be offline for 25 days from April 1.
P&O Ports has signed MOUs for preliminary discussions with the governments of Madagascar, the Republic of Somaliland and Albania to enhance their port infrastructure.
The action allows lawyers for the conglomerate to gather the signatures of creditors in support of the deal outside the Dubai World Tribunal.
The decision looks likely to have little immediate impact on investment flows since foreign ownership limits for most stocks are far from being used up.
Dar Al Arkan chairman Yousef al-Shelash said that he did not expect the tax to be applied to this land, since the company was in the process of developing it.
The cause of the explosion is yet to be confirmed, according to the building manager.
Trading in Amlak was halted in November 2008 as credit markets dried up and the emirate’s real estate prices began a 50 per cent tumble from their peak.
The armor and artillery being moved by Saudi Arabia could be used for offensive or defensive purposes, two U.S. government sources said.
The city, designed to increase female employment opportunities in the Kingdom, will span five million square metres.
The deal has garnered more than $3 billion in orders, a document showed.
The bank has mandated HSBC and Standard Chartered as joint global coordinators for the Tier 1 bond.
The plant, located in the Ma’aden complex at Ras Al Khair city, was shut down on March 23 “for a period of around 10 days”, the company said.
The non-stop flights are scheduled to begin from September 1, 2015.
The company said earlier that it had successfully placed 2 billion euros ($2.18 billion) of unsecured exchangeable bonds over shares of UniCredit.
BeIN Media Group is yet to finalise the acquisition of the satellite network.
The statement comes as human rights group Sherpa filed a complaint against the company violated the rights of workers in its Qatar projects.
Islamic banks will be allowed to use sharia-compliant securities other than central bank-issued Islamic certificates of deposit to borrow overnight from the central bank.
Reports will include details of credit facilities that are being used, total amount of credit taken and a firm’s track record of repayment.
The Kingdom has priortised job creation among its local population to drive economic growth and improve economic diversification.
U.N. Yemen envoy Jamal Benomar said the discussions would be held in Qatar and that any subsequent agreement reached would be signed in Saudi Arabia.
The cabinet’s decision aims to push out more land out into the market where it can be developed.
Aabar said it would sell two tranches of bonds worth 750 million euros each, with an option to increase that amount by a further 250 million per tranche.
Police used batons to halt the progress of protestors marching towards the Kuwaiti parliament on Monday.
Al Hosn Gas is the Shah gas development joint venture by the Abu Dhabi National Oil Company (Adnoc) and U.S.-based Occidental Petroleum.
The statement comes as Sherpa NGO submitted a claim in a French court against Vinci Construction Grand Projects for “forced labour” in Qatar.
The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $2.5 billion, an earlier document showed.
The capital-enhancing issue is a perpetual issue structured to comply Basel III norms, a statement said.
China was Dubai’s top trading partner last year, followed by India and the US, official figures show.