Abu Dhabi Fund for Development will provide finance to construct a 6 MW solar power plant in the city of Freetown in Sierra Leone.
Dubai’s index is now down 27 per cent from the multi-year peak hit in mid-May, though it is still up 17 per cent year-to-date.
Atheeb sold a building and two plots of land to an unidentified buyer, according to a company filing to Riyadh’s bourse.
Factors driving the demand for tea include its increased health benefits, its role in fitness and nutrition and the fasting period.
Talal Said Marhoon al-Mamari was previously chief financial officer of the company.
The recent fiasco surrounding Dubai builder Arabtec calls for urgent corporate change, writes management expert Debbie Nicol.
The test, which has a fee of Dhs700, has to be cleared by all real estate brokers in the emirate.
The survey by PwC found that 75 per cent expect an increase in funding for infrastructure and capital projects over the next 12 months.
Waha Capital bought a 20.56 per cent stake in National Petroleum Services for $76 million.
The Dubai builder’s shares have fallen 59 per cent from May 14’s record close.
The facility will be used to buy equipment from Alcatel Lucent.
Suppliers need written consent from the ministry of economy to increase commodity prices.
Dubai-based Arabtec has not provided any serious explanation for what is happening, says Reuters columnist Una Galani.
Italian designer Roberto Cavalli was hoping to receive a 450-million-euro ($612 million) offer from Investcorp by a June 30 deadline.
Prince Khaled bin Bandar bin Abdul-Aziz was removed from his post less than two months after his appointment.
The remarks came days after the king ordered all necessary measures to protect Saudi against potential “terrorist threats” from Iraq.
Saudi Arabia had previously been unwilling to support the formation of a new government unless Iraqi PM Nour al-Maliki stepped aside.
More than 700 people in Saudi Arabia have contracted the virus and 292 of them have died from it.
Arabtec debacle on the stock market reveals the crack among bourse regulations in the Gulf
Apart from being an attractive cruise destination, the Gulf is also rapidly becoming a source market for cruise tourism, experts say.
The company is looking to grow through a franchising model, says founder and owner, Salina Handa.
The agency said the monarch ordered the unspecified measures after he chaired a meeting of the country’s national security council .
Located in Dubai, the Dhs500 million residential project, Dreamz By Danube, includes 171 townhouses.
The emir urged Kuwaitis not to publicly discuss an investigation into reports of a recording of people discussing an alleged plot against the governing system.
The store is part of the company’s expansion drive in the American continent.
The mobile passes will be available to travellers on select routes and will help reduce paper wastage, said the Abu Dhabi carrier.
The hotel, which is situated in the province of Al Qassim, is expected to open by mid-2016.
No purchase price was given by the bourse filing in Dubai.
The introduction of mortgage caps has been instrumental in dampening the buyer activity this year, research has found.
The five-year bond is part of the lender’s $1 billion Tokyo Pro-Bond Market Programme, it said in a statement.