The airline said that it transported around 74 per cent of the 19.9 million passengers who travelled through Abu Dhabi International Airport last year.
The company added that the bonus paid to each staff member would not exceed SAR50,000.
The Bahrain-based company made a net income of $45.3 million in the second half of 2014.
The 24-hour Arabic language news channel, based in Bahrain, will have a specific focus on Saudi affairs.
The healthy fast food retailer is looking to expand across the region, says Haddad.
Aramco has put on hold its deepwater oil and gas exploration and drilling activities in the Red Sea because of high costs, sources said.
The former monopoly, which operates in eight countries in the MEA, made a net profit of KD33 million in the three months to Dec. 31.
Al Noor’s confirmation comes after ADX chief said that most local firms listed in the London market had agreed to dual list in Abu Dhabi.
The Dubai benchmark jumped 4.5 per cent to close at 3,840 points, its biggest daily gain in six weeks.
The sugar refinery has 1.5 million tonnes of raw sugar, either stockpiled at the refinery or on its way to the refinery.
Less than half of the shares in the Dhs576 million IPO were taken up by investors for whom they were reserved, a report said.
However, Bahrain’s score fell while the UAE’s rose on the 2015 Index of Economic Freedom, released by Heritage Foundation and Wall Street Journal.
The company, an affiliate of Saudi Basic Industries Corp (SABIC), will shut its olefins plant from Feb. 1 for almost five weeks, it said.
The mega event is expected to welcome 25 million visitors, with the majority of them coming from overseas.
The bourse said the issue had to do with ownership proportions.
Mohammed Al-Jadaan was named head of the Capital Market Authority in a cabinet resuffle by King Salman last week.
Georges Schorderet, previously the company’s chief operating officer, is taking over from Abdulrahman Al Fadley, a statement said.
CEO claims new widebody aircraft provides clear reduction in operating costs and carbon emissions
Dubai Investments previously said that it was close to two acquisitions, worth a combined value of Dhs400 million ($109 million).
The facility will cater to the small and medium companies in the global maintenance, repair and overhaul (MRO) sector.
Waha made a net profit of Dhs142.1 million in the last quarter of 2014 compared to Dhs75.6 million in the same period a year ago.
Salman’s announcement suggested that the government remained willing to spend heavily despite the hit to its oil revenues from low prices.
The outlook for UAE banks in the near to medium term remains favourable, writes Nelson.
A list published on the agency’s website included names of well-known Sunni and Shi’ite Muslim families.
The 79-year-old Naimi has seen at least three price crashes during his two decades as oil minister.
The wounded man was taken to hospital and was in a stable condition, state news agency said.
The price will rise 25 cents on April 1 each year until it reaches $4 per mmBtu by April 1, 2021.
The US and Canada have urged Saudi government to cancel the flogging, saying that it was a violation of human dignity.
The Kingdom will pay two months of bonus salary to all state employees and pension to retired government workers.
The 50 lashes administered to activist Raif Badawi this month signal that religious conservatives have the upper hand in a tug-of-war with reformists.