The new chain of outlets will be located across the country with the first two outlets opening in Muscat, the company said.
DIB’s earnings were boosted by a 34.5 per cent increase in income from commissions, fees and foreign exchange.
Volumes were boosted by new business at its London Gateway facility and Embraport in Brazil.
In March, TAQA said a consortium led by it had agreed to buy the two power plants from Jaiprakash Power Ventures.
The firm made a net profit of Dhs547.7 million in the three months to June 30.
The lender made a net profit of Dhs1.31 billion in the three months to June 30.
Marka’s listing would be the Dubai Financial Market’s first flotation for five years.
Qatar Ooredoo was impacted by the political situation in Iraq and start-up costs for its business in Myanmar.
The Kingdom’s Public Investment Fund has assets under management worth about $5.3 billion.
The committee, chaired by the UAE’s Minister of Justice, will announce the start of the Shawwal month, signalling Eid Al Fitr.
Net profit in the second quarter to June 30 rose 20 per cent to KD11.4 million ($40.4 million), the company said in a statement.
The bank earned a net QAR502.6 million ($138.1 million) in the three months to June 30.
Real estate deal value in Dubai fell to Dhs52 billion during the second quarter of this year from Dhs61 billion in the first quarter of 2014, official figures reveal.
The lender made a net profit of Dhs585 million ($159.3 million) for the three months to June 30.
The airline currently operates three weekly flights on the Jeddah-Manchester route.
The company made a quarterly consolidated net profit of Dhs62.5 million ($17 million) compared with Dhs27.3 million in the corresponding period in 2013.
The low-cost carrier will operate direct flights to the Indian city five times a week from October 28.
The move is expected to be in place in the first half of 2015, according to the Kingdom’s financial regulator.
Under the new plan, Jet Airways will widen its service network and increase frequencies on its existing routes.
The firm made Dhs12.8 billion ($3.5 billion) in the six months to June 30, it said in a statement.
Savola’s packaging unit’s consolidated net profit last year fell to SAR69.5 million from SAR100 million a year earlier.
Residential rents in Dubai grew 20 per cent year-on-year during the second quarter of 2014, with apartments seeing the strongest rise, a CBRE report says.
The settlement covers payments due between 2007 and 2013.
Oman Air is among the first carriers to touch down, operating four flights a week from Muscat on Embraer 175 aircraft.
More than 600 people are reported to have been killed in Gaza during the two weeks of fighting between Palestinians and Israelis.
Japan has been lending 10.7 million barrels of crude tank capacity to the two countries.
The 14-acre luxury resort, located in Jumeirah Beach, features a Spanish-Mediterranean feel with Arabian accents.
The report, expected to be out in July, will now only be ready by September with officials confirming that it will not be made public.
The cabinet will impose the measures on Ahmed al-Jabr and Abdullah Barghash, his two brothers and his sister.
Savola is a major producer of cooking oil, sugar and other foodstuffs in the Kingdom.