The size of the issue was capped at $500 million and books exceeded $650 million with more accounts to respond.
oyner Perakende is a subsidiary of Boyner Group, a non-food retail conglomerate.
The group is aiming to work with state firms such as TOKI, Emlak Konut and Kiptas.
The new fund will focus on companies interested in doing business in Oman as well as other Gulf countries, East Africa, and South and Southeast Asia.
The state news agency did not say how much money would be disbursed for the bonus, but it is likely to be sizeable.
The company has acquired Abu Dhabi-based Americare Group and Sharjah-based Dr. Sunny Healthcare Group.
One third of companies in the country have increased counter offers to avoid losing key employees, finds Robert Half survey.
Sharjah-based Air Arabia, which bought a 49 per cent stake in Petra Airlines in January, has rebranded the airline as Air Arabia Jordan.
Rated Baa1/A+ by Moody’s and Fitch, ENBD has mandated HSBC, Morgan Stanley, Standard Chartered Bank and itself as bookrunners.
Net foreign assets reached SAR2.59 trillion in March, their lowest level since July 2013.
Barwa made a net profit of QAR3.2 billion in the three months to March 31.
Interior Minister Mohammed bin Nayef has been appointed King Salman’s new heir, replacing Prince Muqrin.
An NGO has filed a complaint with the public prosecutor accusing 39 prominent figures, including Tawakul Karman, of treason.
In a surprise move, Saudi King Salman on Wednesday appointed his nephew, Deputy Crown Prince Mohammed bin Nayef, as the new heir apparent.
Falih’s replacement as head of Aramco, which he had led since January 2009, was not immediately named.
Iran said the plane was carrying humanitarian aid to Sanaa.
Among those arrested, at least 65 are Saudi nationals, the report said.
The Honor 4C phone has a 5-inch display and starts at 799 yuan ($129).
Rents in the emirate, on average, remained flat during the first quarter of the year, the report found.
The number of house sales in Riyadh between the time the new lending limits were introduced and the end of last month fell 70 per cent from a year earlier.
The Kingdom shipped 7.35 million bpd of crude oil in February this year, down from 7.474 million in January.
The storage will increase monthly trade volumes on the DME by two million barrels.
The Libyan Cement Company has three plants in eastern Libya but only one is operational, producing 300,000 tonnes annually.
The interior ministry did not name the detainees, say when they were held or elaborate on the nature of the planned attacks.
The summit, in Riyadh, is expected to touch on Iran’s nuclear programme and developments in Yemen.
The new Safi community will feature studios and one, two and three bedroom apartments.
The suspect, Nawaf Sharif Samir al-Onaizi, was reportedly hiding in a desert area northwest of Riyadh.
New expats will only be allowed to enter the country to replace those leaving, according to reports.
Last June, the company sold $4.3 billion worth of maiden bonds in four tranches.
The firm made a net profit of Dhs487.1 million in the three months to March 31.