Industry
The fund provides working capital to small businesses focusing on agricultural commodities, energy and metals, a segment often neglected by Islamic lenders.
The strike are aimed at stopping the Houthis from taking more territory and pressing them to negotiate a power-sharing deal with President Abd-Rabbu Mansour Hadi.
Raja Ghanma has been promoted from chief operating officer to CEO of Arabtec Construction, Arabtec Holding said in a bourse filing.
Foreign direct investment (FDI) to the UAE, which although grew 25 per cent in 2014, did not reach the estimated amount of $14.4 billion.
The company’s profit fell to Dhs100.7 million ($27.42 million) in 2014 from Dhs166.5 million a year earlier.
Prince Saud K. Al Faisal said that under a new programme, the government would propose investments linked to such state spending plans.
Ziad El Chaar said the momentum in the property market was being driven by foreign buyers, both those living in Dubai and abroad.
Lower temperatures during winter will help do away with the need for cooling systems, a top official said.
Yemen’s state news agency Saba, which is under the control of the Houthis, said the camp at Haradh was hit by Saudi planes.
Flight TK15 had departed from Istanbul and was headed for Sao Paulo when a note with the word “bomb” was found in the lavatory.
The conditions for the talks would include returning weapons to state authorities and not threatening the security of Yemen’s neighbours.
The cash will be used to finance a number of projects that Shandong is currently working on.
The app allows users to make low-cost calls when roaming aboard through an internet or GSM connection.
The loan will replace an existing $4 billion facility due to mature later this year.
Saif Humaid Al Falasi will replace Saeed Al Khoory, who has served as ENOC’s CEO since 2007.
Pakistan, an ally of Saudi Arabia, has yet to commit itself publicly to military support to Riyadh’s campaign in Yemen.
Passenger numbers climbed to 5.97 million in February from 5.68 million a year earlier.
Abu Dhabi’s largest private healthcare provider, listed in London, reported a net profit of $84 million for 2014.
Sultan bin Saeed al-Mansouri did not specify in which sectors the government would permit full foreign ownership of companies.
The plant will make 200,000 tonnes per year of polyethylene and EVA, two forms of plastics.
Police are conducting an investigation into the shooting, which came from a car.
Nobel Learning, which operates 176 schools across 18 states, was acquired from Leeds Equity Partners for an undisclosed sum.
Saudi and nine other Sunni Muslim countries commenced air strikes against the Shi’ite Houthi militia on March 26.
The rights issue would be in addition to the planned Tier 1 bond of $300 million.
The airline plans to use these aircraft to grow its domestic network, and key regional markets like the Gulf and India.
An official said that strikes had succeeded in stopping the Houthi advance on Aden and in putting pressure on the group across the country.
An official said that tankers were operating in a safe and usual manner through the Bab el-Mandeb strait.
The Brotherhood’s General Guide Mohamed Badie and Khairat El-Shater were listed alongside other members of the group’s leadership, state news agency said.
The firm said in a statement on Sunday its net profit in the last quarter of 2014 grew to $45.7 million.