The bulk of the financing consisted of a $800 million Islamic loan of five years duration that was provided by five Saudi banks.
Arabtec posted an unexpected Q4 loss of $25.7 million, blaming non-recurring general and administrative expenses.
Qatari plans to spend about $200 billion on transport, electricity generation, water supply, housing and other projects between 2013 and 2018.
The tournament is held in mid-December every year and was earlier hosted by the UAE in 2009 and 2010.
Non-recurring general and administrative expenses jumped 75 per cent to Dhs749.9 million last year.
The two countries will focus on issues such as space policy and regulatory developments, space security and space science cooperation.
The increase from the previous layout of 525 seats relies on a denser cabin configuration using 11 seats in each economy row instead of the current 10.
The Kingdom has been ramping up the number of machines drilling for oil and gas.
The winter tournament is expected to last 28 days, instead of the 32 for last year’s finals in Brazil.
The funds represented about of fifth of the total amount of so-called ‘black money’ that the authorities suspect was illicitly stashed abroad.
Daman Fifth caters mostly to rich individuals, family investment offices and institutional investors from within the Gulf.
Market conditions may have shifted so far in favour of euro issuance that Gulf borrowers may leave their comfort zone and start to follow a shift towards the euro.
The financing from a group of Korean institutional investors is structured as a 15-year, fixed coupon full-payout lease.
Actual oil output from the United States could prove harder to beat back, sources say.
The firm is bidding for the second phase of Etihad Rail project, a senior official said.
Mohamed Fahmy, a naturalised Canadian who has given up his Egyptian citizenship, and Egyptian Baher Mohamed were released on bail last month.
Rental returns from the eight-storey tower in Al Warqa will be allocated to the Al Noor centre in Dubai.
The new API will boost e-commerce in the region, according to the company.
Abd-Rabbu Mansour Hadi’s troops deployed tanks and armoured vehicles against heavily armed special forces loyal to former President Ali Abdullah Saleh.
Kuwait’s oil minister said on Thursday that OPEC had no choice but to keep output steady.
The luxury aircraft will be used to promote the upcoming action flick, ahead of its launch in April.
The website has a constantly growing user base with 76 per cent of social media users in the Middle East and North Africa region using it regularly.
Factors largely beyond its control have dulled Ooredoo’s lustre, and its profits for the past two quarters have missed analysts’ forecasts by a wide margin.
Ali al-Omair said the OPEC has to keep output unchanged to sustain marketshare.
Alabbar is managing the company’s business on a daily basis and is fully committed to it, Emaar said in a statement.
An increasing number of Filipinos in the UAE are opting to buy property in their home country.
The annual general meeting of the lender gave approval for the move in accordance with Basel capital requirements.
Jeanette Teh shares her tips to encourage happiness in the work place in the buildup to the International Day of Happiness.
The firm made a profit attributable to shareholders of $675 million compared with $604 million in the prior year.
The plan comprises issuance in domestic and international markets through public subscription or private placement, a bourse statement said.