The official said that the company will postpone few projects to the future while planning to stretch some works due to low oil prices.
The airline is partnering with a number of government organisations and educational institutions to recruit UAE nationals.
The fair oil price will be one that balances supply and demand, the chief executive said.
US President Barack Obama will fly a 30-member delegation to Riyadh on Tuesday.
The regulator is expected to issue a final version of regulations covering the opening “very soon”.
The draft budget for the year starting in April envisages spending of KD19.07 billion, down by 17.8 per cent.
Economy and Planning Minister Muhammad al-Jasser said economic reforms would continue under Saudi’s new king, Salman.
Qatar Petroleum International was formed in 2007 as the foreign investment arm of the firm.
Emaar Misr has a portfolio of investments in Egypt worth around 53 billion pounds.
Oil prices have lost nearly 60 per cent in value since last peaking in June 2014.
Masraf Al Rayan said its net profit for 2014 was QAR2 billion, up 17.6 per cent year-on-year.
Unnamed claimants filed a lawsuit against Zain over its 2007 acquisition of an Iraqi telecom operator.
OPEC Secretary-General Abdullah al-Badri said oil prices may have reached a floor.
Should it buy the permitted number of shares, Aabar’s stake would rise to 37.27 per cent.
Dropping oil prices are anticipated to lead to a slowdown in rents and property prices this year, says JLL report.
Three Abu Dhabi firms have listed in London since 2013: Al Noor Hospitals, Gulf Marine Services and NMC Health.
King Salman has retained veteran Saudi oil minister Ali al-Naimi, in a message aimed at calming a jittery energy market.
Under new rules, set to be unveiled in February, it is proposed that rent increases will only allowed at contract renewal.
The desert resort ranked eighth among the world’s top 25 hotels as decided by TripAdvisor’s annual Travellers’ Choice awards.
The consortium, led by Canada-based CPCS Transcom International Limited, will start the study this month.
Sultan bin Saeed al-Mansouri, speaking with Brent crude at about $48 per barrel, did not elaborate on why he expected the recovery.
Brent crude traded just above $48 per barrel as Greece’s election results put pressure on oil and global equities.
In a statement, MAS said the website was not hacked, but that users were redirected to a hacker website.
The maintenance is not expected to have any effect on the local market, ORPIC’s CEO said.
The state-run utility made a profit of QAR360.5 million ($99 million) in the three months to Dec. 31.
President Abd-Rabbu Mansour Hadi resigned on Thursday after Houthi fighters crushed his presidential guards and deployed outside his home.
Protesters marked the anniversary of the 2011 uprising that toppled Hosni Mubarak.
Global financial markets reacted to the Greek election on Monday with the euro dropping to near an 11-year low against the dollar.
The exchange’s previous acting chairman was Hussein Ali al-Abdullah, an executive director of the Qatar Investment Authority.