Industry
The company made a net profit of QAR222.4 million, it said in a statement.
The newly launched Maple community will feature 118 townhouses with three, four and five bedroom units.
SABIC has previously said scarce gas supplies at home have forced it to look at investment opportunies abroad.
The changes include a provision saying no company has the right to halt trading in its shares before or during an annual general meeting or during a transaction.
Etisalat made net profit of Dhs2.18 billion ($593.6 million) in the first quarter of 2015.
The lender made a profit of Dhs651 million in the first quarter of 2015.
The departures, revealed via a filing last week, come following a turbulent year for the construction company.
The extension will expand DWTC’s multipurpose indoor capacity to over 122,000 square metres and add a 300-vehicle car park.
SABIC’s acting CEO Yousef Abdullah al-Benyan said the idea was still at an early stage.
SABIC CEO Benyan said the fall in oil and petrochemical product prices was “out of control”, but said his company was well placed to deliver returns.
Lloyd’s will target Saudi Arabia and the United Arab Emirates to gain a foothold in Islamic insurance market.
The firm made SAR205.4 million in the first quarter of 2015, it said in a bourse statement.
Nakheel’s chairman reveals how he revived the company’s fortunes, and why he is confident Dubai’s property market will not crash again.
The new Mohammed bin Rashid Space Centre will conduct outer space research and help build the UAE’s capabilities in outer space exploration.
Mousawat said the slight drop in quarterly profit was due to a net loss from a Riyadh hospital it opened in November 2014.
SABIC made a net profit of SAR3.93 billion in the first quarter, down from SAR6.44 billion in the year-earlier period.
Obama and King Salman also reportedly agreed that a negotiated political solution was necessary to achieving lasting stability in Yemen.
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.