The restaurant is among the first of five food and beverage outlets that Marka is planning to open by next year.
The field, whose production is around 280,000 bpd-300,000 bpd, will be brought offline “immediately”.
The bank made a net profit for the three months to the end of September of KD10.9 million ($37.8 million), compared to KD9.8 million in the year-earlier period.
While average rents dropped in Q3 compared to Q2, rental rates recorded double digit increases on a year-on-year basis.
The Kingdom’s largest listed retailer aims to open six new stores on average each year.
Gary Anderson is stepping down due to ill health and will be temporarily replaced with COO Gaurang Desai.
However, majority of regional firms struggling to attract and retain skilled talent, finds Towers Watson study.
Portugal’s largest listed lender, Banco Espirito Santo, was rescued by the state in August.
Burgan said it plans to issue 216 million new shares and that the rights issue will raise its paid-up capital to KD197.18 million.
The project will be spread across a total area of 25 million square feet and will be located along Emirates Road.
Jumeirah in the emirate came bottom on a list ranked by the cost of a basket of travel essentials.
Middle East bourses tumbled last week, with Dubai taking the biggest hit and losing 13.6 per cent.
The firm attributed the rise to a 5.6 per cent rise in revenue and a reduction in costs and marketing expenditure.
In March, Arabtec said it would build one million homes in Egypt in a $40 billion project backed by the Egyptian and UAE governments.
Khoury founded the Consolidated Contractors Company (CCC), one of the region’s biggest construction firms.
An industry source said there was no impact on oil operations in the world’s top crude exporter.
A spokesman said the cut in production would not result in job losses.
The larger tablet includes new features such as an anti-reflective screen and the “Touch ID” sensor.
Brent crude oil sank to a four-year low below $83 a barrel last week because of ample supply and the prospect of a weak global economy.
Atlantis refinanced an $880 million loan to take advantage of favourable market conditions, ICD confirmed.
Political stability has returned to Egypt under President Abdel Fattah Al-Sisi but it yet to be seen if the former Army man be able to command its faltering economy back to life.
The bank attributed the rise in quarterly profit to higher operating income, which increased 12.1 per cent.
Globally, passenger numbers are expected to reach 7.3 billion by 2034, representing a 4.1 per cent average annual growth.
Kuwait Foreign Petroleum Exploration Company (Kufpec) was last in the market in June 2013 when it sealed a five-year $750 million deal.
The BIE, which oversees World Expos, was provided an overview about the new Expo 2020 Bureau and the site’s positioning.
Global benchmark Brent has lost more than 28 per cent since June on slow demand and abundant supply.
Resort blends leisure and business around an ‘understated’ luxury theme
The joint naval force will work towards protecting the Gulf’s commercial routes while cooperating with other international security forces to combat terrorism.
Saudi Aramco Products Trading Co sold a November 180-centistoke derivative to Glencore at $466.25 a tonne.
Kuwait Oil Co intends to spend some $42 billion on oil and gas projects over five years.