The project financing will fund construction of the parks, along with equity provided by Meraas investment group and the $689 million initial public offering (IPO) of 40 per cent of Dubai Parks and Resorts.
Aldar is working on 23 development projects in Abu Dhabi and is focused on completion of existing projects, CFO Greg Fewer said.
There were no immediate details of whether embassies were the target of the bombs or whether any staff or security guards were in the buildings at the time.
Abu Dhabi’s index climbed 0.1 per cent while Dubai’s bourse edged down 0.3 per cent.
The emirate, which provided water for free to UAE citizens, will charge a fee of Dhs1.7 per 1,000 litres for Emiratis from next year.
The purchase of EZW, currently owned by Port and Free Zone World, includes the assumption of net debt of $859 million.
Aldar made a profit of Dhs584 million ($159 million) in the third quarter of 2014, compared with Dhs413 million in the corresponding period in 2013.
Saudi Arabia will use the extra output to meet its own rising energy demands, including both power generation and water desalination.
Saudi Arabia’s oil minister said that the Kingdom wanted to work “with other producers to ensure price stability for the interest of producers, consumers and the industry at large”.
Once complete, the terminal will be capable of supplying an average of 1.2 billion standard cubic feet (bcf) of natural gas per day to the UAE.
The widely differing numbers underline the difficulty of finding reliable economic statistics in the Gulf, where many governments have not developed extensive systems for collecting data.
The firm made a profit of KD13.04 million ($44.8 million) in the third quarter of 2014.
In a monthly report , OPEC forecasted that demand for the group’s oil will drop to 29.20 million barrels per day (bpd) next year — almost one million bpd less than its current levels.
The sources said the EU antitrust authority had accepted the airlines’ offer to give up some airport slots on the Rome-Belgrade route to facilitate rivals.
The property firm said that it will focus on countries such as Saudi Arabia while avoiding conflict-prone states such as Egypt and Syria.
The firm made KD10.9 million ($37.45 million) in the third quarter of 2014.
UAE residents and citizens can now obtain their credit reports from the Al Etihad Credit Bureau’s website or customer service centres for a nominal fee.
High passenger loads shield airline from external factors but group profit impacted by dnata
Iran’s oil minister Bijan Namdar Zangeneh discussed the developments in the oil market with Kuwait’s emir, the Iranian news agency reported.
Lamprell’s shares rose as much as 5.8 per cent to 150.25 pence in morning trade, following the announcement.
Pricing of the bond tightened on high investor demand, with orders topping $3 billion, according to the arrangers.
The major oil exporter’s public spending was 6.12 billion dinars in April-September, below 11.61 billion dinars originally planned for the period.
The firm cited a higher effective tax rate for the decrease in profit.
The company received $71 million in cash from operations and cash collections in the third quarter.
The firm suffered $3.2 million loss in the same period last year.
Diplomats say preparations for the annual gathering of the GCC have become indicative of an unprecedented rift between Gulf Arab states over Doha’s backing of Islamists.
The opening of Dubai’s latest infrastructure project and the star attraction in pictures.
The smelter made a third-quarter net profit of BD29.5 million ($78.25 million) in the three months to Sept. 30, up from BD4.9 million in the year-ago period.
The trade, which made Aabar the biggest shareholder in Arabtec, was done at a price of Dhs5 per share, compared to the stock’s closing market price of Dhs4.26.
Output is expected to reach a peak rate of around 15,000 barrels of oil per day (bopd) as the wells are completed at the Manora oil field, the company said.