Factors largely beyond its control have dulled Ooredoo’s lustre, and its profits for the past two quarters have missed analysts’ forecasts by a wide margin.
Ali al-Omair said the OPEC has to keep output unchanged to sustain marketshare.
Alabbar is managing the company’s business on a daily basis and is fully committed to it, Emaar said in a statement.
An increasing number of Filipinos in the UAE are opting to buy property in their home country.
The annual general meeting of the lender gave approval for the move in accordance with Basel capital requirements.
The firm made a profit attributable to shareholders of $675 million compared with $604 million in the prior year.
The plan comprises issuance in domestic and international markets through public subscription or private placement, a bourse statement said.
The country also summoned Sweden’s ambassador to the UAE to deliver a formal protest against remarks made by the Swedish foreign minister.
Savola reduced its projection to SAR178 million before capital gain from its previous forecast of SAR360 million.
Government investigators determined that the recordings were not authentic and had been edited.
Tariq al-Mutairi, head of the liberal Civil Democratic Movement was detained on his way home early on Wednesday.
The funds will be used to help the company meet commitments at the group and subsidiary levels.
Currently no visa or consular services are being provided in Riyadh, Jeddah or Dhahran.
Over $2.5 billion worth of contracts were awarded in Qatar’s hotel and tourism sector last year.
Production was steady in January at 9.680 million bpd from 9.630 million bpd in December.
Dubai’s index fell 3.6 per cent by Wednesday’s close to a 10-week low of 3,408 points.
The first phase of the network that is currently under testing is scheduled to begin operations soon, an official said.
He declined to elaborate on the reasons for Qatar sticking to its peg.
The company has an exclusive licence to carry out a geological survey of the Mediterranee Ouestarea, which comprises 3,433 sqkm.
The Central Park Residential Tower in DIFC consists of 426 apartments.
Police sources in Iraq said the victims were civilians who died in an explosion from a truck trailer.
The exchange, which currently trades gold futures, said last year that the spot contract was expected to be for 1 kilogramme (32 troy ounces) of 0.995 purity gold.
Speaking in Washington, he said discussions with US authorities had been “very constructive”.
Hogan said few young companies have operated as transparently as Etihad, which is little more than a decade old.
The transaction will have a spread of 200 basis points over midswaps, a document showed.
Emirates airline’s Tim Clark said that some figures in the report are factually wrong and that the airline will set the record straight.
The contracts that cover 2015 will see Kuwaiti jet fuel flow through the BP system to Dubai and several European Airports, KPC said.
Takween in December agreed to buy the packaging unit of Savola, the region’s largest food firm for SAR910 million.
Three U.S. airlines have accused their GCC competitors of receiving more than $40 billion in government subsidies, a charge which the latter deny.
The new service, called Careem Morocco, will begin services on March 26 in Rabat and Casablanca.