The firm is best known in the global space for listing luxury goods brands, such as Gucci and Tiffany & Co, but has been increasingly branching out into other sectors.
The airline said that it transported around 74 per cent of the 19.9 million passengers who travelled through Abu Dhabi International Airport last year.
The company added that the bonus paid to each staff member would not exceed SAR50,000.
The Bahrain-based company made a net income of $45.3 million in the second half of 2014.
The 24-hour Arabic language news channel, based in Bahrain, will have a specific focus on Saudi affairs.
The deal covers the Overseas Private Investment Corporation for its own insurance policy on the exploration projects of Houston-based Apache Corporation.
A security official said another journalist Mohammed Fahmy was expected to be released from Cairo’s Tora prison within days.
Aramco has put on hold its deepwater oil and gas exploration and drilling activities in the Red Sea because of high costs, sources said.
The former monopoly, which operates in eight countries in the MEA, made a net profit of KD33 million in the three months to Dec. 31.
The fall in oil prices and the decision of OPEC to not cut output in 2015 will spur M&As in the oil & gas sector this year.
Al Noor’s confirmation comes after ADX chief said that most local firms listed in the London market had agreed to dual list in Abu Dhabi.
The Dubai benchmark jumped 4.5 per cent to close at 3,840 points, its biggest daily gain in six weeks.
The sugar refinery has 1.5 million tonnes of raw sugar, either stockpiled at the refinery or on its way to the refinery.
Less than half of the shares in the Dhs576 million IPO were taken up by investors for whom they were reserved, a report said.
However, Bahrain’s score fell while the UAE’s rose on the 2015 Index of Economic Freedom, released by Heritage Foundation and Wall Street Journal.
The company, an affiliate of Saudi Basic Industries Corp (SABIC), will shut its olefins plant from Feb. 1 for almost five weeks, it said.
The mega event is expected to welcome 25 million visitors, with the majority of them coming from overseas.
The bourse said the issue had to do with ownership proportions.
Mohammed Al-Jadaan was named head of the Capital Market Authority in a cabinet resuffle by King Salman last week.
Georges Schorderet, previously the company’s chief operating officer, is taking over from Abdulrahman Al Fadley, a statement said.
CEO claims new widebody aircraft provides clear reduction in operating costs and carbon emissions
Dubai Investments previously said that it was close to two acquisitions, worth a combined value of Dhs400 million ($109 million).
The facility will cater to the small and medium companies in the global maintenance, repair and overhaul (MRO) sector.
Waha made a net profit of Dhs142.1 million in the last quarter of 2014 compared to Dhs75.6 million in the same period a year ago.
In a show of defiance, prime minister Abe vowed to increase Japan’s food, medicine and other humanitarian aid for the Middle East.
A list published on the agency’s website included names of well-known Sunni and Shi’ite Muslim families.
The Jordanian prince also said that he wants to “make FIFA a model of good ethics”.
The 79-year-old Naimi has seen at least three price crashes during his two decades as oil minister.
The wounded man was taken to hospital and was in a stable condition, state news agency said.
Buying the stake could deepen the relationship, giving Qatar greater access to destinations served by IAG’s London and Madrid hubs.