The developer said it has instructed Deutsche Bank, the registrar and paying agent for the sukuk, to pay the amount to trade creditors.
The document is issued immediately via a secure website and can be obtained online from anywhere in the world.
The sharia-compliant investor defaulted on a $100 million Islamic bond payment in 2009.
Four Qatari police officers were among those arrested, according to a state newspaper.
Iranian media have said Tehran is in serious talks with Russia to construct new nuclear power stations.
The Middle East’s largest cinema group has aggressive plans to expand into Qatar and Bahrain in the coming year.
TVM Capital MENA chairman says overseas IPOs don’t work out in the long term.
Increased investor interest in the Middle East is indicative of the region’s recovery, EY said.
The lifestyle development, located within DWC, will include a golf course, hotels, retail outlets and a business hub.
The second and third most popular buzzwords in the UAE were ‘effective’ and ‘strategic’.
The International Energy Agency estimated that oil demand will increase by 1.2 million barrels a day next year.
The Abu Dhabi carrier is expected to decide on whether to buy a stake in the troubled Italian airline “just before Christmas”, a source said.
Global operator plans to have 10,000 rooms in the city by 2020
Both du and Etisalat have said they will no longer offer the new social media service.
After remaining flat throughout 2013, Middle East ad revenues are expected to rebound in the coming year.
The U.S. Defense Secretary met with Qatari Emir Sheikh Tamim bin Hamad and Defence Minister Hamad bin Ali al-Attiyah.
The IMF forecast in November Qatar’s oil GDP would grow just 0.4 per cent in 2013 and decline by 1.1 per cent next year.
OPEC expects demand for its oil in 2014 to average 29.57 million barrels per day.
The firm will focus on investing in high impact Middle East tech start-ups, say founders Paul Kenny and Arya Bolurfrushan.
Despite experiencing cyber attacks, the majority of Saudi Arabian consumers have not installed anti-virus software on their systems.
Aramco has the option to reduce monthly sales volumes to term buyers.
The $1 billion project will offer 479 rooms and suites and 222 Viceroy Residences with sea views.
Abu Dhabi has grand plans to develop its permanent cruise terminal facility to cash in on the emirate’s growing cruise tourism market.
Governments in both countries “recognise the value of connectivity provided by aviation”.
The group hopes that the investment will create employment opportunities for around 1800 to 2000 people.
The carrier said its 14 weekly passenger services will continue to operate through Dubai International.
National Bank of Abu Dhabi plans to add around 900 jobs to its current headcount of 6,500 next year.
The country’s finance minister said that Qatar would focus on the local market.
The UAE’s e-commerce industry has good growth potential and infrastructure but poor consumer behavior and market size.
Abu Dhabi’s Mubadala Development Co, Qatar Petroleum and Oman Oil Co have formed a consortium.