The telecoms firm has applied to Bahrain’s Ministry of Industry and Commerce for approval to become a public company.
Aluminium Bahrain’s net income for the final three months of 2013 was 13.7 million dinars ($36.3 million).
OPEC said global demand will rise by 1.09 million barrels per day this year, up about 40,000 bpd from its previous forecast.
The approval will help ensure that the units remain on schedule for commercial operations in 2019 and 2020 respectively.
The amount represents a compound annual growth rate (CAGR) of nearly 12 per cent.
ADNOC has reduced the gas prices for the second time in two months.
The Abu Dhabi property firm is open to bank loans as well as bonds, according to the firm’s CFO.
RAK Properties has said that the company is expecting a stronger performance in 2014.
Expenses for the quarter, which include wages, interconnection costs and roaming charges, reduced by 2.7 per cent.
The Doha-based carrier has 43 A350-900s and 37 A350-1000s on its order books.
The order by DAE for 20 ATR 72-600s and options for 20 additional ones will see delivery between 2015 and 2018.
Profit rose on the back of gains from the acquisition of Sorouh and handover of residential units.
The club’s CEO Ferran Soriano also confirmed that they did not breach Financial Fair Play rules in the last two campaigns.
Saudi Aramco CEO Khalid Al Falih tops the Gulf Business list of most powerful Arabs in Energy.
The Yemeni defence ministry website quoted sources as saying the militants had Saudi nationality.
London Business School says romantic dates are similar to job interviews.
Kuwait’s central bank governor has called for an independent legal entity to oversee Islamic financial institutions.
The maturity is part of a $1.75 billion, two-tranche bond which the fund sold in 2009.
The Virgin Group founder was speaking at the Government Summit in Dubai.
Workers will be paid electronically, making it easier for authorities to verify that payments are made on time, according to the new charter.
The winner of the international competition will be announced in May 2014.
GCC governments need to formulate effective labour market policies and offer female friendly workplaces.
The International Congress & Convention Association shares global business events expertise in preparation for Expo 2020.
The course is being designed by international golf course architect Gil Hanse.
The airline said it would operate four weekly flights to Tehran, starting from March 3.
The airline will ground 19 or 20 planes, Emirates’ president Tim Clark said.
The Clean Fuels Project is a specification upgrade and expansion of Kuwait’s largest refineries.
A stake in the maintenance subsidiary is expected to be sold to the public before June 2015.
Under the new initiative, the government will “compete with the private sector” in terms of the caliber of service it provides.
The emirate has also hired a consultant for crowd management, confirms RTA chairman.