Non-alcoholic chain embarks on new growth curve following Expo win
The company plans to open 50 restaurants across the Kingdom in the coming years.
Roads of Arabia, which runs through March 9, features tools, steles, incense burners, statues and other pieces from the Kingdom.
Dabdoub helped transform NBK from a local bank into a major regional lender with offices in 16 countries.
The convicted man’s lawyer said the ruling against Kuwaiti Mohammad al-Mikhyal was “harsh” and did not take into account his mental health problems.
The facility, funded by Bank of Tokyo-Mitsubishi UFJ and Mizuho Financial Group, is part of a wider $2 billion finance package for the Jeddah South project.
The Islamic bond has a lifespan of seven years, with a clause allowing the bank to redeem the paper after five years.
Ramadan 2013, Gangnam Style and smartphones’ search queries top Google 2013 trending list for the UAE.
A merger between the two lenders will create the second-largest bank in Oman with assets of about $10 billion.
Al Jazeera’s interest in Digiturk stems from the pay-TV operator’s access to football rights in the country, sources said.
The conversion of all the bonds is estimated to lead to the creation of around 420 million shares.
The centre will work towards promoting Dubai as a centre of Islamic finance.
The newspaper defends its decision to publish the editorial, which accuses Pakistan of betraying the UAE by not supporting Dubai during the Expo 2020 vote.
Larger companies will need to implement the law by October 2014, says Dubai Health Authority.
Women value functionality over design or colours when purchasing tech products.
Around 723,000 Saudi nationals have been employed through the Nitaqat system.
Selected employees will receive salary hikes of between 30 to 100 per cent, the government has said.
Muhammad Husayn Qahtani and Hamood Abdulla Hamood were repatriated after spending 11 years in Guantanamo.
The retailer plans to invest over $1 billion annually over the next five years on expanding its business.
The growing domestic demand for hydrocarbons, exacerbated by low prices, is the key long-term challenge faced by the Kingdom, said Jadwa Bank.
Hisham Al Rayes had been acting CEO since March 2012.
Dubai World had paid $375 million in 2008 for its 50 per cent stake in Fontainebleau Miami Beach.
Shares in Drake & Scull, which are up 93 per cent year-to-date, have been buoyed by the merger speculation.
Since September 2012, MERS-CoV has infected at least 163 people and killed 71 of them, according to the WHO.
The lender plans to boost its share capital to SAR4.76 billion to help support its growth and capital base.
The charges, mostly involving infrastructure projects, were outlined in six trials that opened on Sunday.
The loan will act as a bridge financing until the company launches a sukuk issue in 2014.
Construction of the Sharq project will start in 2015 and completion will be by 2021.
The Morrone field is expected to initially produce over 3,000 barrels of oil equivalent per day.
The survey found that low-income earners saved two per cent more than the UAE’s general population.