Dubai plunged 6.7 per cent, Abu Dhabi slid 2.1 per cent and Qatar dropped 2.7 per cent.
Almarai made a profit of SAR539.4 million ($143.8 million) in the three months to Sept. 30, up from SAR475.6 million in the year-earlier period
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Qatar has provided around $7.5 billion in loans and grants during ex-president Mohammed Mursi’s year in power.
Etihad and Air Berlin have in the past shared codes on flights to around 60 destinations, meaning their number of shared flights will more than halve.
The lack of a Saudi cut could add to perceptions of traders and analysts that the Kingdom is looking to defend market share, not prices.
After gaining European safety approval for the A350 last month, Airbus is now working to get the cabin furnishing ready for Qatar Airways.
After five years without an IPO of notable size, Emaar Malls Group attracted orders worth more than $47 billion for its $1.58 billion Dubai listing last month.
As the UAE’s shifts to omni-channel retail, industry players will have to innovate to keep pace.
Rajab is accused of “insulting the the Interior and Defence Ministries” through his social media account.
The upcoming mega Dubai Parks and Resorts project features five theme parks including Hollywood and Bollywood-inspired parks.
Tim Clark told the German online magazine that modern planes already had the necessary equipment but measures should be taken to ensure pilots can’t turn off tracking devices.
The company placed its Trekker camera on top of a camel to capture the imagery.
Badrah Pavilion is Nakheel’s sixth neighbourhood retail centre and will serve 800 homes at the developer’s Badrah and Veneto communities.
Emirates Transport has been meeting the staff transportation needs of ENOC’s group of companies for the last seven years.
The airline will fly to Bratislava, Sofia and Prague starting from December.
Markets across the region fell on Wednesday as global equities came under pressure from worries about economic growth.
The developer said that it will add an expansive retail offering at Riverpark, the project’s entrance plaza that interconnects the three theme parks.
Called Etihad Airways Partners, the group initially includes six airlines and aims to provide improved networks and better frequent flyer benefits.
The purchases strengthened the Dubai cash price, flipping it into a small premium against its swap for the first time in two months.
The project is the highest residential development in Palm Jumeirah and is scheduled to be finished by 2017.
The developer reported a net profit of Dhs2.6 billion, aided by strong growth in its retail and leasing businesses.
The investment is expected to help Amak, a firm specialising in providing petroleum services, to fund its growth plans.
Libstar operates across South Africa through manufacturing, supply and distribution and employs about 4,200 people.
The bourse plans to launch a novel equity-based murabaha financing tool and Islamic real estate investment trusts.
IHG targets mid-market growth with second Holiday Inn in UAE capital
The central bank appointed five members to its sharia board, which will have direct oversight of Islamic banking institutions.
Luxury SQft will focus on the UAE’s affluent areas and will have only 100 real estate agents promoting their properties.
The company is already investigating alleged bribery in other Middle East countries, including Lebanon, Jordan, Syria and Iraq.
Biden earlier apologised to Turkey and the UAE for saying that regional US allies were partly to blame for the rise of IS in Syria.