Brent crude hit an intraday low of $97.60 on Wednesday, its weakest level since April 18, 2013.
Apple’s new mobile wallet system will be introduced in its iPhone 6 models and the Apple Watch.
U.S. officials declined to specify where on Saudi territory the rebels would be trained.
About $7.85 billion of orders poured in for the sukuk ijara from 250 investors.
Corpbank, in which Oman’s SGRF is the second-biggest shareholder with a stake of about 30 per cent, was hit by a run on deposits in June.
The residential development will comprise 93 four-bedroom villas, with pre-launch prices starting at Dhs2.9 million.
The company is also offering to return cash throughout the loan’s lifespan, more assets as collateral, a higher interest rate and an early repayment of a first tranche of money due next year.
The Xbox and PS4 consoles feature a rose gold case created by Italian jeweller, Gatti, and will be available for sale at the GAMES14 exhibition.
The 277-room hotel, targeting medical tourists will open in 2016, the hospitality firm said.
Total cost for a university education, including cost of living, stands at $30,472 per year in the UAE, finds new study by HSBC.
The reduction comes as oil prices have come under downward pressure from ample supply and concerns about slower global demand.
Final guidance was given at 6.00 per cent while initial guidance had been 6.00-6.125 per cent.
The governor attributed the dip in oil prices to a rise in supply and slower demand over summer.
The requests for proposals were issued by the parent firms to banks on Tuesday, with financing of the expansion to be split between conventional loans and sharia-compliant facilities.
The emirate, which is issuing sukuk with an ijara structure, has garnered orders worth about $7.5 billion, the document said.
The growth in house prices however slowed to three per cent quarter-on-quarter in Q2.
The company plans to float its unit Emaar Malls Group (EMG) this month and subscriptions for the shares will open on Sept. 14.
The offer is rated Baa1 by Moody’s and A-plus by Fitch, and is expected to price on Wednesday.
Itqan currently manages four sharia-compliant funds: a money market fund and three real estate funds.
Dubai-based hotelier says it is in talks with developer Meraas to operate the first VENU hotel in the Bluewaters Island development.
Stephen Kersley has resigned and Ryan Wong will take over as acting head of finance effective October 1, the company said.
Ten SMEs have applied to list on the new market and five of them have so far fulfilled the requirements, according to a report.
The new devices were described by Apple CEO Tim Cook as the company’s “best phones ever made.”
New York lawyer Michael Garcia delivered his report last week to FIFA’s Ethics adjudicatory chamber, who will decide on the consequences in about a month.
The family group, which collapsed during the financial crisis, said in May that it had direct liabilities to financial institutions worth around $6 billion.
Tenders to build Kuwait’s fourth refinery, al-Zour, have been extended after delays and political opposition in the past.
Global Investment House’s chief executive Maha Al Ghoneim said the company was now “debt-free” following its debt restructuring last year.
Market participants with direct knowledge of the deal said that Bahrain would be able to issue its first 30-year debt by taking advantage of good sentiment towards the Gulf in general.
Majid Al Futtaim Finance has partnered with Rovio Entertainment, which owns the Angry Birds brand, to create the prepaid card for UAE customers.
The meeting will address the issue of terrorism and the rise of extremist organisations in the region.