The Dubai-listed firm made a first-quarter net profit of Dhs58.24 million ($15.86 million) compared with Dhs47.84 million a year earlier.
The bank made a net profit of 3.1 million rials ($8.1 million) in the opening three months of 2014, compared to 5.7 million rials in the same period of 2013.
This loan is split between a 2.1 billion euro one-year bridge loan and a 1.05 billion three-year portion, Etisalat said.
At present, investors wishing to raise their stake in a firm to more than 30 per cent must offer to buy all of its shares under the same price and conditions.
The 143 cases announced since the start of April represent a 73 per cent jump in total infections in Saudi Arabia this month.
Rising air conditioning demand during summer and a lack of domestic supply means Kuwait needs to import more gas each year to run its power plants.
Revenue for the quarter was 1.32 billion riyals against 1.67 billion riyals in the prior-year period, it said in a statement.
Eight men planted a homemade bomb close to where police usually erected a checkpoint during protests, before setting tyres on fire and blocking the road to lure policemen to the site.
The changes are part of plans to introduce at least two new rules covering the stock exchanges every year, a top official said.
The number of UAE students studying in the US rose to 2,256 in 2012/2013, official figures show.
The telco made a net profit of Dhs2 billion ($544.5 million) in the three months to March 31, according to a company statement.
Around 31 per cent of the UAE’s online shoppers said that they had stopped online purchases due to extra costs.
Brace of city hotels to complement upcoming Palm Jumeirah resort
Mohammed al-Omar has asked to resign and will retire from the beginning of next month, KFH said in a bourse statement.
Work on the unit, which lasted a month from March 27, was originally due to finish on April 19 but was extended by a week.
Saudi Arabia has now had 323 confirmed cases of MERS, of which 94 have been fatal.
The firm made a profit of 206.3 million riyals ($56.66 million) in the three months to March 31.
This morning sees the second round of diversions in as many months
Bubbles are a natural part of Dubai’s growth cycle, writes the author of ’10 Tips For Leadership In The Middle East’.
In total, 92 people have died of MERS in Saudi Arabia, the ministry said on its website.
Investors subscribed Dhs10 billion ($2.7 billion) to the fixed offer of 275 million shares in Marka , which were priced at Dhs1 each.
FIFA’s investigation was launched last year into alleged corruption surrounding the voting procedure for the 2018 and 2022 World Cups, awarded to Russia and Qatar respectively.
Emirates NBD is Dubai World’s biggest creditor with an exposure of more than Dhs9 billion($2.5 billion), against which it has set aside provisions of five per cent
The Haj ministry said that it is yet to receive directives from health officials about the MERS-coronavirus being an epidemic.
Initially budget airlines will operate at the airport, while other airlines will start services there in May, the airport authority said.
The property development industry is all about providing value to homeowners and investors, says Benoy Kurien, general manager of Al Hamra Real Estate Development.
The lender made a net profit of Dhs1.04 billion ($283.7 million) in the three months to March 31, a statement from the bank said.
The state-owned developer is focusing on developing mid-tier real estate projects in Abu Dhabi.
Etihad has so far refused to negotiate with Italy’s unions, which have sunk negotiations between Alitalia and other bidders in the past.
Much of Emaar’s growth is expected to come from projects worth billions of dollars within Dubai.