Agility made a profit of 11.24 million dinars ($40.04 million) in the first three months of 2014.
SEBI was examining whether the share sale agreement between the two airlines amounted to an acquisition of joint control in the Indian airline.
The company expands its footprint with yet another project to add to its growing number in the region
Saudi Arabia supplied 9.650 million bpd in April to the market, up from 9.533 million bpd in March, an industry source said.
Up to 25 per cent of the carrier’s fleet will be grounded during the 80-day runway closure.
All camel shipments from the GCC will be quarantined for 24 to 28 hours until the laboratory tests are conducted, the ministry said.
Most of the several million haj pilgrims coming from abroad each year now arrive at a special terminal in Jeddah’s international airport.
Emirates made a profit of Dhs3.3 billion for the fiscal year ending March 31, it said in a statement.
The deal will enhance Etihad Airways’ capability to undertake maintenance on its growing fleet.
The total number of infections nearly doubled in April and has risen by a further 21 percent already in May.
Kuwait’s regulator noticed GFH stock traded in high volumes in May 2013, the Islamic investment firm said in a statement.
The emirate is also mulling a law that would mandate the private sector to develop green areas in the city, a senior municipality official said.
Etisalat has agreed to pay 4.2 billion euros for the stake.
The GCC states warned citizens against visiting Lebanon last June because of the unrest in neighbouring Syria.
The Dubai-based contractor said is planning a series of acquisitions and mergers.
Badawi was arrested in June 2012 and charged with cyber crime and disobeying his father.
Airbus has said tests are going well on its new lightweight, medium-sized jet, developed at an estimated cost of $15 billion.
Omantel attributed the profit rise to a 29 per cent increase in wholesale revenue.
The next round of senior-level negotiations is due to take place next week in Vienna.
The budget hotel rooms span 26 sqm, with prices around Dhs300 a night
The IPO will be divided into two sections and conducted as a book-build offering, the statement said.
The company will supply pre-programme management consultancy services and staff.
The group will launch four new projects in the UAE and Saudi Arabia by 2015, officials said.
Zain did not explain why it had done the deal but its chief executive said last year that the Kuwaiti telco wanted to retain majority control of the subsidiary.
The full functioning of the Gulf Customs Union has been partly delayed by disagreements over a formula on how to divide customs revenues between the states.
The firm said it would pay 10 per cent of claims as an upfront payment and would target a total recovery for creditors of between 40 and 60 per cent of their due cash.
Further privatisations of state-owned companies in Oman were also unlikely to take place in 2014, its financial minister said.
KIPCO’s first-quarter revenue rose 19 per cent to 137 million dinars.
The JV will see parcel lockers for the collection of e-commerce purchases setup across the region.
The hotelier is currently mulling six projects in Dubai, says chairman.