Saudi Interior Ministry spokesman General Mansour Turki said that security forces shot and wounded Bassem Ali al-Qudaihi during an exchange of fire when they tried to arrest him.
The budget surplus, equivalent to around 26 per cent of gross domestic product, was up marginally from KD12.7 billion, or nearly 25 per cent of GDP, in the previous fiscal year.
The price reduction, the fifth in the UAE since 2011, will be carried out in cooperation with international pharma firms, the official news agency said.
Yemen has faced multiple challenges, including regular attacks by al Qaeda and its affiliate, Ansar al-Sharia, as well as protests by southern separatists demanding secession from the country.
Abu Dhabi Judiciary and Al Ain Zoo are among the institutions granted licenses to generate electricity through solar power.
The Abu Dhabi carrier’s first Boeing 787-9 Dreamliner will be delivered in December this year, the company said.
The Defense Security Cooperation Agency agency said the deal would help UAE protect its troops, better provide humanitarian assistance, and protect vital commercial trade routes.
Oil prices have slid on ample supplies and concern about weakening demand on slowing economic growth in Europe and China.
Alhokair said on Thursday the facility will fund the acquisition and other expansion by the company.
Islamic State fighters have exploited the chaos of Syria’s three-year-old civil war, which pits Assad and his allies against mainly Sunni Muslim rebels and Islamist militants.
Exclusive: Anan Fakhreddin reveals how the company is rebuilding itself after hitting rock bottom in one of Dubai’s largest business scandals.
The fund warned the Kingdom to rein in public spending, which has risen 52 per cent annually since 2010 and reached SAR994.7 billion in 2013.
New-look UAE National Airline unveils the first of 10 A380s which aims to fly from December
A new affordable option, uberX and a corporate account service, Uber for Business, will now be available in Dubai.
The company is casting its eye over potential arrangers of the bond, though no banks have been mandated yet for the trade, sources say.
Public sector workers will be off from Oct 3-6, while private sector employees will receive holidays from Oct 3-5.
MAF-Fashion will begin the roll out of the AllSaints stores across the GCC in 2015, a statement said.
The bank said 2,900 applications for shares in the Emaar Malls IPO came via its ATM and newly launched eIPO platform.
The total value of oil aid to Egypt from Saudi Arabia since July 2013 through September of this year amounted to $5 billion.
Dubai’s public transport agency will work on projects such as extension of the Dubai Metro’s red line, a major upgrade of roads leading to the expo site and a wider bus network.
The move was part of the Swiss bank’s plan to “optimise its local operations” in the UAE, it said.
The firm raised $75 million, 55 per cent of its capital, in April via an offer that was 36 times subscribed.
Michael Garcia submitted his 350-page report to German judge Hans-Joachim Eckert earlier this month.
Discovery Gardens Pavilion has nearly 30 shops, a medical centre, a nursery, restaurants and cafes along with a Geant Easy supermarket.
The square-shaped smartphone targets business professionals and will retail for Dhs2,699 in the UAE.
The deal for two million barrels a month of Kuwaiti crude was signed with the Arab Petroleum Pipeline Co.
The agreement will enable Agility to use Etihad Rail’s service for distribution in the UAE and the GCC while improving the country’s logistics sector.
Turner won the project management tender for the district, which will house the world’s tallest commercial tower, Burj 2020.
On a quarter-on-quarter basis, GDP dropped 3.1 per cent in the second quarter, the biggest fall since the quarterly data series began in 2010.
As per the contract, Drake and Scull will undertake the mechanical, electrical and plumbing works for Al Dara Hospital in Riyadh.