The villas, which come with a starting price of Dhs36,000,000, will be ready by Q1 2017, the developer said.
Saudi Arabia has the ability to pump to its full capacity of 12.5 million barrels per day, an official said.
ALIF Fund will be managed by the International Airfinance Corporation with Airbus and IDB as investors and partners.
Hasan Ismaik, who resigned as head of the firm last week, said that he has offers from government entities and an international construction firm.
The towers will be located in the Sahara complex between the borders of Sharjah and Dubai.
Saudi companies, with a staff of nine or less, will be exempted from paying the fees for four expat workers.
Half a dozen stocks fell their 10 per cent daily limits.
Egypt was widely criticised by rights groups and Western governments after it sentenced three Al Jazeera journalists to prison for seven years.
Hotels can actually increase guest spending by up to 24 per cent by targeting guests with individually relevant information.
The OPEC member’s fiscal surplus is forecast to narrow to 9.3 per cent of GDP in 2014.
Arabtec confirmed on Tuesday that it had laid off a “limited number” of staff to improve productivity.
He replaces Abdulaziz Ibrahim Fakhroo, who is leaving as his term has ended.
Reports claimed that the Dubai contractor laid off hundreds of staff following the departure of CEO Hasan Ismaik.
The first phase of the $40 billion Etihad Rail project includes a 266-kilometre long rail network that runs from Shah to Ruwais.
The deal will see the light rail system starting to operate in 2018-20 in Lusail City.
Gulftainer will invest up to $100 million in equipment and employees to operate a container and cargo terminal at Port Canaveral.
Peter Greste is one of three Al Jazeera journalists jailed for seven years each by an Egyptian judge.
The development will include three office buildings overlooking Crescent Plaza, which houses luxury retail outlets and F&B options.
Mark Watts, who joined the bank in 2010, resigned for personal reasons, sources said.
Kuwait said that it would reinstate its ambassador in Iraq once the political situation stabilises.
The increase in tourism numbers was spurred by the launch of a daily Emirates flight route to Lisbon back in July 2012.
The company’s stock fell its daily limit of 10 per cent for a second session in a row.
Study reveals a disparity in consumer’s privacy expectations and where they believe responsibility for their privacy lies.
The theme park has already started the expansion process, and aims to complete it in three years.
Al Jazeera English managing director said that the ruling “defies logic, sense, and any semblance of justice”.
One-year dollar/Saudi riyal forwards jumped as high as 50.50 points, their highest level since the Arab Spring uprisings hit the Middle East in March 2011.
As per the deal, the company will place two Airbus A320 aircraft on long-term leases with Lisbon-based airline TAP Portugal.
Large numbers of staff, including at least two senior executives, have departed the company since Ismaik resigned.
The three journalists who were sentenced include Australian Peter Greste, Al Jazeera’s Kenya-based correspondent, and Canadian-Egyptian national Mohamed Fahmy.
Mubadala Petroleum said it found substantial gas in the Pegaga well in its operating block SK320.