Arabtec posted an unexpected Q4 loss of $25.7 million, blaming non-recurring general and administrative expenses.
Qatari plans to spend about $200 billion on transport, electricity generation, water supply, housing and other projects between 2013 and 2018.
The tournament is held in mid-December every year and was earlier hosted by the UAE in 2009 and 2010.
Non-recurring general and administrative expenses jumped 75 per cent to Dhs749.9 million last year.
The two countries will focus on issues such as space policy and regulatory developments, space security and space science cooperation.
The Kingdom has been ramping up the number of machines drilling for oil and gas.
The winter tournament is expected to last 28 days, instead of the 32 for last year’s finals in Brazil.
The funds represented about of fifth of the total amount of so-called ‘black money’ that the authorities suspect was illicitly stashed abroad.
With a number of hospitals and clinics starting up in the GCC, the war for medical talent has begun.
The financing from a group of Korean institutional investors is structured as a 15-year, fixed coupon full-payout lease.
The firm is bidding for the second phase of Etihad Rail project, a senior official said.
Rental returns from the eight-storey tower in Al Warqa will be allocated to the Al Noor centre in Dubai.
Kuwait’s oil minister said on Thursday that OPEC had no choice but to keep output steady.
The luxury aircraft will be used to promote the upcoming action flick, ahead of its launch in April.
The website has a constantly growing user base with 76 per cent of social media users in the Middle East and North Africa region using it regularly.
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.