A proposal to reintroduce quotas would spark a fierce debate in OPEC as national prestige and market share are at stake.
The summit will be an opportunity for Obama to discuss concerns about the deal reached with Iran and the military campaign in Yemen by the Gulf countries.
Emirates has said it would look at placing an order for up to 200 of the so-called A380neo jets should Airbus go ahead with the update.
The Mercedes driver lapped the Sakhir circuit with a best time of one minute 34.599 seconds.
The cargo would be for May delivery, traders said.
The contract includes a long-term “Totalcare” package, which means Rolls-Royce will also provide service and maintenance to Emirates for the Trent 900 engines.
The cargoes were sold at 37-40 cents a barrel below Dubai quotes via a tender, averaging at a discount of 39 cents a barrel.
The company declined to name the country involved but it is widely reported to be Kuwait, which is considering renewing its fleet.
President Abd-Rabbu Mansour Hadi named Bahah, a former prime minister and diplomat, as his deputy this week in an attempt to widen support for his government.
Amlak’s shares have been suspended since November 2008 after the global financial crisis helped trigger a local real estate crash.
The price means the retail and wholesale tools superstore will raise around 504 million riyals from its flotation.
There were zero orders placed by commercial airlines for new Boeing 747s or Airbus A380s last year.
Final rules covering the opening of the market will be published on May 4.
The law regulates the usage of laser, fireworks, light beams and drones in Dubai’s airspace.
Al Naboodah will carry out the complete earthwork grading for the 31 million sq ft project.
Capacity rise on key London route coincides with arrival of its 60th A380 aircraft
The Egyptian government had said state-owned EGPC will buy 65 per cent of its oil product import needs from ADNOC in 2015.
Brent crude touched a 2015 high of above $63 per barrel on Thursday.
LandmarkShops.com recorded a 200 per cent year-on-year growth in revenue for the fiscal year 2014-2015.
A new study reveals that majority of women in the GCC feel disadvantaged at work due to prevalent gender inequality.
Bahah also called on the armed forces to support the “legitimate” government in exile.
Saudi Aramco and India’s Reliance Industries have not yet concluded a term contract to import diesel and gasoline.
The new track will connect the existing cycling path at Seih Assalam to Mohammed bin Zayed Road and onwards to Nad Al Sheba.
Combined customer deposits at the two full-fledged Islamic banks and Bank Muscat almost tripled in the year to March.
Saudi Kayan made a net loss of SAR591.6 million ($157.8 million) in the first quarter of 2015.
The listed developer also projected a higher profit forecast for this year and approved a cash dividend worth Dhs1.07 billion.
Jamal Benomar had recently irked Saudi Arabia and other Gulf nations for his handling of so far unsuccessful peace talks between Houthi rebels and Yemeni government.
G3 Global Grain Group, a joint venture of Bunge and Saudi Agricultural and Livestock Investment Co (SALIC), said that it will buy a 50.1 per cent stake in CWB for $201 million.
The QIA, which holds two seats on VW’s 20-member supervisory board that appoints and dismisses executives, has been looking to solve the leadership crisis at Volkswagen.
With most people living off the land and about 90 per cent of Yemen’s water resources used in agriculture, Yemenis are especially vulnerable when conflicts disrupt farm production.