Full operational capacity at the two plants would be achieved in 8-10 days.
Unsecured creditors of the Dubai arm of the Espirito Santo empire will get none of the $14 million they are owed.
Foreign minister Prince Saud al Faisal repeated an invitation to all Yemen’s rival factions, including the Houthis, to attend peace talks in the kingdom.
Riyadh Yaseen has urged the Arab states to set up a no fly zone to counter the growth of Houthis.
No specific reason was given for the findings, recorded by a PwC survey.
Italian travel retailer World Duty Free (WDF) belongs to the Benetton family.
The company generated around Dhs600 million in revenues from the sale of land plots.
The contract was won along with Dhofar International Development and Investment Holding Co.
Ras Al-Khaimah is planning a benchmark size offer, traditionally understood to mean upwards of $500 million.
The initial guidance for the senior unsecured ten-year sukuk issue is at around 100 basis points over midswaps, a document showed.
Saudi Oil Minister Ali al-Naimi asserted on Sunday that the Kingdom will not curb output to prop up prices.
The sale, set to run from March 29-31, will have 2,500 product deals on offer.
The airport saw nearly 1.7 million visitors in the month of February, authorities said.
Arabtec’s board has approved disposing of Arabtec Saudi Arabia, Arabtec Construction Machinery, Saudi Austrian Arabian Ready Mix Co and EFECO Saudi.
Iraqi PM Haidar al-Abadi’s office gave no details about the invitation or when the possible visit would take place.
Lee, a British-educated lawyer, is credited with building Singapore into one of the world’s wealthiest nations on a per capita basis.
The Dubai-based ports operator said it will help Maldives develop infrastructure, logistics and transport links.
Omantel did not give any timing for the issue in the bourse filing.
Violence has been spreading across the country since last year when Houthi militia seized the capital Sanaa.
Ali al-Naimi also said that OPEC will not take sole responsibility for propping up the oil price.
The deal consisted of a hybrid murabaha and wakala structure with a two-year lifespan.
The company made a net profit in 2014 of Dhs4.68 billion last year, up from Dhs3.30 billion in 2013.
The tender covers infrastructure services relocation, shoring works and excavation at Al Khail Avenue.
The joint venture firm’s first project in Saudi Arabia will be an 11 million square metres project called Riyadh Investment Park.
Consular operations in Saudi Arabia were first suspended last week over heightened security concerns.
Houthi militias took over Taiz’s military airport, a number of government buildings and a prison from local authorities.
Saudi Arabia recalled its ambassador to Stockholm earlier this month, after Sweden ended a long-standing defense cooperation agreement with the Kingdom.
Mohammed al-Madi said that the current price drop was because of fundamental supply and demand factors, not any non-economic policies.
The project is expected to provide 2,000 megawatts of solar energy to Egypt.
The bulk of the financing consisted of a $800 million Islamic loan of five years duration that was provided by five Saudi banks.