King Abdullah said that lower prices were primarily caused by weakness in the global economy.
Design-led hotel targets business and leisure guests as more five-star supply beckons
The company’s statement follows reports that it had assigned a consultant to advise on potential take over bids.
It did not give the details of the previous loan but said it was signed with six banks in June 2012.
The airline will also review the amount of time its flights can be on the tarmac with passengers on board, following reports of passengers being held on a plane for nearly 12 hours.
The ministry fined Ooredoo Kuwait, claiming that it had been unlawfully using government network infrastructure since 1999,
The Islamic lender has mandated HSBC and Standard Chartered as the joint structuring banks.
The measure of output growth climbed to 65.0 points in December from 62.8 in November, while new orders were at 65.4 points against 65.5.
The seasonally adjusted SABB HSBC Saudi Arabia Purchasing Managers’ Index rose to 57.9 points in December from 57.6 in the previous month.
The new plan aims to reduce the total expenditure of the airline by more than OMR100 million over the next three years.
Sheikh Ali Salman, head of the al-Wefaq Islamic Society, was arrested after leading a protest rally against elections.
The project will include a new passenger terminal covering an area of 86,000 square metres and will be built to accommodate around five million passengers annually.
The royal court previously said that King Abudullah was suffering from pneumonia and temporarily needed help to breathe through a tube.
Petra Airlines will be rebranded as Air Arabia Jordan and the UAE carrier will establish a hub at Amman’s Queen Alia International Airport.
There are 10 public holidays for all workers in the public sector.
Passengers said that they were asked to wait in the plane because Abu Dhabi International was too crowded with travellers from other stranded flights.
The guards were killed in a slight border skirmish when attackers shot at the patrol near Arar.
The firm will seek to sell 240 million ordinary shares at Dhs2.4 ($0.65) each between January 11 and January 25, it said in a statement.
Dubai’s index dropped 3.4 per cent as all but a handful of stocks fell.
The figure is down from the SAR6 per share that the company paid for the corresponding period of 2013.
Rami Hurieh took over as CFO effective from January 4 after the departure of Jean Ayoub, TNI said in a bourse filing.
Perfume was the top selling product in Dubai Duty Free during 2014, followed by liquor and gold, the airport retailer said.
The new long-term facility was arranged by Abu Dhabi Commercial Bank, First Gulf Bank and Mashreq , the firm said in a statement to the Dubai bourse
Ministers said that the government will not abandon subsidy reform.
The units are expected to open in April 2015, the developer said in a statement.
Signed just before the end of 2014, the loan is structured as a revolving credit facility.
The official did not reveal a specific timeline in which the government is aiming to make this quota possible.
Dubai’s index dropped 2.4 per cent with most stocks down.
Saudi Arabia closed its Baghdad embassy in 1990 after the late Iraqi dictator Saddam Hussein invaded Kuwait.
The airport was closed for a little more than an hour from 2.30am local time on Saturday, Etihad said.