The airport had earlier said the flight, which was headed to Doha, was diverted due to a minor medical issue.
The U.S. State Department said that it was concerned that an arrest of such a senior leader could inflame tensions in the country.
Under the new structure, the company will focus on carrying out professional project management, ensure timely delivery of all projects and improve its customer service.
A news conference on the budget was scheduled to be held at 10 a.m. local time.
Jain was previously executive director of finance and group chief financial officer at Emaar, according to the company’s website.
The monarch, who took power in 2005 after the death of King Fahd, has undergone surgery in the past few years related to a herniated disc.
The council said that such a tax would have a negative impact on the country’s investment prospects.
Dubai’s stock index edged up 0.5 per cent in relatively thin trade while Abu Dhabi’s bourse was up 1.6 per cent.
The decision to sell the business was due to the bank’s review of “strategic alternatives and operational priorities”, a statement said.
Oman has been considering a range of spending cuts and tax rises, including a levy on the remittances of foreign workers.
Sheikh Ali Salman, head of the al-Wefaq Islamic Society, was arrested on Sunday after leading a protest rally against last month’s elections.
As the countdown to 2015 begins, Gulf Business rounds up a list of new year’s eve parties that are creating a buzz.
The DFM General Index tumbled 5.4 per cent, the steepest retreat since December 16.
Passenger traffic related to Russia and other countries in the Commonwealth of Independent States plunged 18.2 per cent from a year earlier in November, Dubai Airports said.
The fuel retailer has slashed the price of diesel by an additional 20 fils to Dhs3.10 per litre as of December 30.
The identity of the buyer of CBK’s holding in Boubyan was not immediately clear.
Songbird’s management earlier this month said an offer from Qatar undervalued the London based-developer.
The start-up phase will involve testing equipment at the plant, which has annual production capacity of 4,000 tonnes, a statement said.
Unnamed government official denies comments on social media about the government mulling a reduction in public expenditure.
The bank said that it will give a dividend of 35 halalas per share, down from 80 halalas from the same period last year.
The 2015 budget is around 23.44 per cent larger than the previous year, a senior official said in a statement.
The facility is located in Saudi Arabia’s Jubail Industrial City.
The verdict was announced by the chief prosecutor of terrorist crimes who said that the three were among 12 people charged with a bomb attack in February that killed the policeman.
The firm sold off its 100 per cent stake in the hotel to a UAE-based investment firm for $95 million.
After a two-hour closure, all diverted flights have proceeded to Abu Dhabi and delayed outbound flights have begun departing, a statement said.
Dubai’s index fell 0.7 per cent after jumping 2.6 percent on Sunday.
The announcement follows a previous declaration of January 1 being a paid holiday for all employees in the Emirates.
Etihad Airways diverted 15 inbound flights to five other airports in the region including Dubai World Central and Muscat.
The retailer plans to open eight new stores in the Kingdom over the next 24 months, the company’s managing director said.
A lawyer who represents al-Wefaq said the charges against him include incitement against the government, calling for its overthrow by by force and inciting the youth to revolt.