A UN official said that Iraq has requested a one-year deferral of a $4.6 billion reparations payment for destroying Kuwait’s oil facilities during the Gulf War.
Kellogg said on Thursday that it would improve its offer to 86.36 Egyptian pounds per share, hoping to secure the deal.
The OPEC member exported 6.897 million barrels per day of crude in October, up from 6.722 million in September.
The assent was granted at a meeting on Thursday, with the proposals receiving near-unanimous support from independent shareholders, DP World said.
Stock markets in Saudi Arabia and the UAE soared on Thursday as the price of oil rebounded.
The company did not disclose the value of the deal of the size of the stake it acquired in FBA.
The fuel retailer said that the price reduction is in line with the international crude oil price trends.
The price of brent crude for February delivery settled up two per cent at $61.18 a barrel on Wednesday.
The SCA also stressed that brokerages must inform clients of any shortages in their margin accounts on a daily basis.
The company’s shares have plunged 42 per cent since the end of October as part of a panic sell-off in the Gulf.
The plan outlines the emirate’s development framework over the next seven years.
The former US prosecutor said he had lost confidence in the independence of the FIFA ethics committee’s adjudicatory chamber.
The officers were killed on Wednesday when their plane crashed during a joint exercise in Egypt.
Shares of three Bahraini companies are listed on DFM and accounted for one tenth of the bourse’s traded value this year.
The regulator has yet to approve Abraaj’s new offer.
The official said that the Gulf state has not established an independent commission to monitor human rights across its construction sites.
The emirate’s off-plan sales market has been attracting strong investor interest despite a fall in house price growth, a new report says.
The Kingdom will continue spending on development projects and social benefits in 2015, its finance minister said.
The new snacks manufacturing facility, in Dammam, is the company’s 15th facility in the Middle East.
The ratings agency said that large government funded infrastructure projects will continue to drive growth in the GCC even if oil prices slide.
A wave of panic selling wiped out $49 billion of stock market value across the Gulf Arab economies on Tuesday.
Oil has lost almost half its value since this year’s peak of $115 per barrel in June on slower global demand and the U.S. shale oil boom.
The minister urged investors to base their decisions on careful analysis and act rationally.
The Dubai-based carrier is preparing for its ‘busiest’ week of 2014.
Oil fell to close to $59 a barrel for the first time since May 2009 on Tuesday.
The Kuwaiti ship collided with a fishing vessel in the Red Sea, killing 13 Egyptians.
The bank is expected to start its regular operations by the end of March 2015.
In November, Michael Garcia appealed the summary of his investigation that was prepared by German judge Hans-Joachim Eckert, saying it had “erroneous representations of the facts.”
Judge Hans-Joachim Eckert’s summary of a longer document provided information about two witnesses that made them easily identifiable.
World Cup 2014, iPhone 6 and Malaysian Airlines top Google 2014 trending searches in the UAE.