Katara-owned Excelsior Hotel Gallia will be a part of Starwood’s Luxury Collection portfolio, making it the brand’s seventh hotel in Italy.
The Asian country has become an important gateway hub for the Dubai-based carrier.
Aldar launched three new developments worth Dhs5 billion last month and said it was exploring 23 property projects.
Women working in the country’s public sector can retire earlier at 55, finds new Mercer report.
Saudi Arabia’s oil minister also said that total global oil demand was steady.
Implementation of the federal mortgage cap seems to be most effective in cooling prices, real estate consultancy Cluttons says.
The expansion is planned to more than double the capacity of Ruwais refinery from 415,000 barrels a day (bpd).
Mauser was put up for sale earlier this year, having been bought by DIC from JP Morgan’s buyout unit in 2007, in a deal which valued the firm at 850 million euros.
The move is expected to make closing prices more predictable and eliminate large last-minute swings, the bourse said.
The bank made a profit of Dhs512.1 million ($139.4 million) in the quarter, up from Dhs494.9 million a year earlier.
The firm made a net profit of Dhs45.7 million ($12.4 million) in the first three months of 2014.
The developer’s profit rose to Dhs453.4 million ($123.4 million) in the first quarter from Dhs154.3 million in the same period of 2013.
Kuwait Petroleum Corp (KPC) also plans to sign a $3 billion deal LNG supply deal with BP, a senior executive said.
Burgan made a net profit of KD17.1 million ($60.8 million) in the three months to the end of March.
The two firms’ owners aim to raise a combined $163 million through the sale of 35 per cent of each company.
The facility will become the new home for the national carrier of the state of Qatar.
The stores, located in Europe’s Benelux region, will be operated by Wadi Degla Holding.
Housing allowance currently stands at around 25 per cent of basic pay across most GCC countries.
The company, a franchise operator of restaurants including KFC and Pizza Hut, made $64.4 million in the first three months of 2014.
The company’s gross profit rose almost 18 per cent to reach Dhs237.1 million in first quarter of 2014.
The emirate is organising a roadshow across Beijing, Shanghai, Chengdu, Guangzhou and Hong Kong.
More than a quarter of the 480 diagnosed with MERS in Saudi Arabia have died.
Egypt’s government said last week that gifted fuel from Gulf nations, including Saudi Arabia, totalled $6 billion.
The launch of the two funds will follow MSCI’s upgrade of Qatar to emerging market status later this month.
The 372-room hotel at Ibn Battuta Mall is scheduled to open in 2016.
Shuaa made a profit of Dhs8.2 million ($2.23 million) in the three months to March 31, according to a bourse statement.
The agreement is expected to allow for greater collaboration ahead of the GCC Rail project.
Located 65km off the UAE coastline the island will be home to hotel apartments, villas, and a luxury five-star hotel
The second phase of the project is scheduled to be completed by 2016, RTA chairman Mattar Al Tayer said.
Ahmed al-Musalmi, who has served as deputy chief executive officer for the bank since 2011, succeeds Salaam al-Shaksy.