Aramco produces almost 9.5 million barrels a day.
The sukuk pricing was last revised to 210 basis points, plus or minus five bps, over midswaps, after being marketed initially at 220 bps over the same benchmark guidance.
The project will have 1,800 land plots and will be split into five zones featuring apartments, villas and townhouses.
Top-end passengers can be driven to the aircraft in a Mercedes Benz limousine
Abraaj Investment Management will begin buying shares of Bisco Misr on Thursday and aims to complete its purchases by December 17.
Adel Mohammad al-Roumi said that the company has fulfilled all the technical and legal requirements to list on the bourse.
The money will help Arcapita to make investments in the Gulf region as well as in international markets including United States, Asia and Europe, it said in a statement.
Pricing guidance for the five-year sukuk is in the area of 225 basis points over midswaps, a document showed.
The aviation sector supported a total of 416,500 jobs and accounted for 21 per cent of the emirate’s total employment in 2013, a new report said.
Mumbai tops the list, followed closely by Bangalore, finds new survey.
Saudi Arabia shipped 6.722 million bpd of crude in September, up from 6.663 million in August but lower than July’s 6.989 million, data showed.
The airline currently operates five times a week to Edinburgh and is the first to offer a direct air link between the Scottish city and the Middle East.
The majority of regional financial professionals also expect bonuses to increase when compared to last year, finds survey.
Abu Dhabi carrier launches fifth US route and now serves two key Californian cities directly
Suhail bin Mohammed al-Mazroui also said that the country did not have a target for oil prices.
Jadwa plans to partner with real estate developers in Saudi to select and execute projects on behalf of clients.
The five-year offering received investor orders worth SAR2.43 billion.
Former Qatar bid employee Phaedra Almajid said the report violated public “assurances of confidentiality” from FIFA.
Investment Dar has been embroiled in litigation over a stake in Boubyan Bank, which it sold to Commercial Bank of Kuwait in 2008.
Kuwait next play Oman while the UAE face Iraq in a repeat of last year’s final which they won 2-1 after extra time.
Hans-Joachim Eckert will meet investigator Michael Garcia to discuss their differences over the probe.
The recently-opened Al Etihad Credit Bureau collates bank data on people’s credit histories.
The project will be connected to DEWA’s grid through a low-voltage distribution board while also being used as a learning tool for the deployment of solar PV rooftop installations in Dubai.
The index defined slavery as the control of people in such a way as to deprive them of their freedom with the intention of exploiting them for profit or sex, usually through violence, coercion or deception.
The firm has set initial price thoughts in the area of 237.5 basis points over midswaps for the sukuk, which is expected to price on Tuesday.
Inflation in the OPEC member, which pegs its riyal currency to the dollar, eased to an annual 2.6 per cent in October from 2.8 per cent in the previous month.
Dubai’s tax-free benefit strategy is becoming eclipsed by the rising costs of housing and education, a new study says.
David Bernstein said the Gulf state is a “totally unsuitable place” to hold a World Cup.
The Capital Market Authority previously said that the Saudi market will open to direct investment sometime in the first half of 2015.
The central bank had sent a notice to all treasury managers informing them that it no longer objects to Kuwaiti banks dealing in derivatives with foreign banks if they are in line with the regulations.