The OPEC member exported 6.897 million barrels per day of crude in October, up from 6.722 million in September.
The assent was granted at a meeting on Thursday, with the proposals receiving near-unanimous support from independent shareholders, DP World said.
Stock markets in Saudi Arabia and the UAE soared on Thursday as the price of oil rebounded.
The fuel retailer said that the price reduction is in line with the international crude oil price trends.
The price of brent crude for February delivery settled up two per cent at $61.18 a barrel on Wednesday.
The SCA also stressed that brokerages must inform clients of any shortages in their margin accounts on a daily basis.
The company’s shares have plunged 42 per cent since the end of October as part of a panic sell-off in the Gulf.
The plan outlines the emirate’s development framework over the next seven years.
The officers were killed on Wednesday when their plane crashed during a joint exercise in Egypt.
Shares of three Bahraini companies are listed on DFM and accounted for one tenth of the bourse’s traded value this year.
The official said that the Gulf state has not established an independent commission to monitor human rights across its construction sites.
The emirate’s off-plan sales market has been attracting strong investor interest despite a fall in house price growth, a new report says.
The Kingdom will continue spending on development projects and social benefits in 2015, its finance minister said.
The new snacks manufacturing facility, in Dammam, is the company’s 15th facility in the Middle East.
The minister urged investors to base their decisions on careful analysis and act rationally.
The Dubai-based carrier is preparing for its ‘busiest’ week of 2014.
Oil fell to close to $59 a barrel for the first time since May 2009 on Tuesday.
The Kuwaiti ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians.
The bank is expected to start its regular operations by the end of March 2015.
World Cup 2014, iPhone 6 and Malaysian Airlines top Google 2014 trending searches in the UAE.
The development of oil prices is being studied by individual countries, the official said.
Dubai’s index closed 7.3 per cent lower at 3,084 points, a one-year low, while Abu Dhabi’s benchmark ended 6.9 per cent lower on Tuesday.
Located at the newly opened Four Seasons Resort Dubai, Provocateur Dubai aims to be the first electronic music venue in the city.
Residential rents in Dubai grew just seven per cent in 2014 while sales prices rose 18 per cent, a new report says.
The company did not disclose the value of the deal or the size of its remaining stake in Integrated Diagnostics Holdings.
GCC states should rein in state spending, but in a gradual way to avoid hurting economic growth.
The country’s large fiscal reserves will allow it to keep spending on development projects.
Sheikh Ahmed also said the government would seek to control inflation to keep the emirate competitive in business terms.
Hector Sants will advise the Abu Dhabi Global Market (ADGM) on the creation of its regulatory framework and its strategy.
Emirates set to be first airline to fly the A380 to Perth next summer