The Kindgom is expected to raise the December prices for most of the crude grades it sells to Asia.
The total value of Saudi oil aid since July 2013 has amounted to about $5 billion.
Authorities are investigating possible violations connected to the lender banking for Iranian-controlled entities in Dubai.
The Islamic investment firm will also distribute its Luxembourg fund range via two European investment firms.
The financial institution and its ME unit were found to have mis-sold $200 million of investment products, a Dubai court ruled.
NCB is offering 300 million shares to Saudi individuals and 200 million shares to the state-run Public Pension Agency.
Survey finds 47 per cent of fund managers intend to raise their overall equity allocation to the Middle East in the next three months.
The phone has some good features, but falls short on battery life.
The central bank did not give a reason for the drop in spending, but work on some large infrastructure projects has been slowed.
The retail and malls unit of Dubai’s largest developer made a quarterly profit of Dhs321.18 million.
Triple daily services will begin to Mumbai on February 15, and to New Delhi on May 1, 2015.
The rents across Sharjah rose two per cent quarter-on-quarter during the third quarter, a new report says.
The recent surge in cases, now numbering 32 since the start of October, has been focused in Riyadh and the western city of Taif, authorities said.
Investcorp did not reveal the deal value in the statement but said that the new investment will allow it to expand its business.
The suspension was requested because its audit committee was meeting to consider “significant matters relating to its financial statements”, a statement said.
Britain’s prime minister asked Sheikh Tamim bin Hamad Al Thani to consider further funding to help Britain’s push to develop cities in the north of the country.
The lender said it plans to issue 216 million new shares and that the rights issue will raise its paid-up capital by KD21.6 million.
The wrist-worn device has sensors that monitor pulse rate, measure calorie burn and track sleep quality, Microsoft said in a blog post.
The UAE was also one of the top 10 countries globally which improved its rankings in the ease of doing business list as it introduced around 20 economic reforms over the last year.
Kingdom made a net profit of SAR265 million ($70.6 million) in the three months ended Sept. 30, compared to SAR219.9 million in the same period a year earlier.
Jadawel International, a unit of London-based MBI International Holdings Inc., claims Barclays “hatched a fraudulent scheme” to secure the rare Saudi banking license, selling out Jadawel in the process.
Yanbu Aramco Sinopec Refining Co (Yasref) refinery started trial runs in September and originally planned its first exports by November.
Richard Teng, most recently chief regulatory officer at the Singapore Exchange, will be CEO of the regulator at the Abu Dhabi Global Market.
The lender reported a 79 per cent rise in third-quarter profit, beating analysts’ expectations.
There has been a 20 per cent year-on-year surge in the number of UAE residents using credit cards or loans to pay off their current debts, a new survey says.
The airline is the world’s largest operator of the 777 range developed by US-based Boeing.
Godolphin did not disclose the size of the share or its price.
Batelco attributed the profit rise to strong contributions from the group’s international operations.
Revenue for the quarter was Dhs1.98 billion, down from Dhs2.35 billion a year ago.
Experts say that halal pharmaceuticals could be commercially viable due to the growing number of Muslim consumers across the globe.