For the 2015 budget, announced on Thursday, four analysts’ oil price estimates are in a range of $55 to $63.
Airbus A320-200 flights are designed to be used intensively on short routes and are favoured by the low-cost airlines that run such routes.
UAE-based private equity firm Abraaj has been battling Kellogg since last month, when the U.S. group scuppered its deal to snap up Bisco Misr.
Dubai Investments is seeking to profit from a market recovery in the emirate after one of the world’s worst property crashes during the financial crisis in 2008.
An official said that the regulator continues to expect the market to open to foreign investors in the first half of next year, though no specific date has been set.
Rescue aircraft searching for the plane, missing for more than 12 hours, have returned to base, officials said.
Implementation of the deal would depend on approval by related government agencies.
The plant was originally scheduled to start up in the third quarter of 2014, but was delayed due to construction delays.
The proposed figure is marginally higher than the SAR0.64 per share which the bank paid for the corresponding period of 2013.
The acquisition of Retailcorp will give Marka a network of 15 sporting goods outlets across the UAE, a statement said.
China was Dubai’s top non-oil foreign trade partner, followed by India and the US, figures revealed.
Although Russia has invited opposition groups to participate in peace talks it did not specify which groups were invited.
The officials did not specify the nature of violation that occurred during the rally.
At present, the surplus petrodollars of the world’s top oil exporter are mostly invested abroad by its central bank.
A ministry statement said the government could cover the deficit with its huge fiscal reserves, but Alassaf told media that borrowing might also be used.
Alassaf said everybody expected prices to rise eventually but there was a difference over when.
The speed of the urbanisation process has put additional stress on social services and infrastructure in a region already deeply vulnerable to climate change.
While cloud computing is expected to grow in the Middle East and Africa, concerns about security are pushing against that trend.
The International Monetary Fund expects Iran’s economy to expand 1.5 per cent in 2014.
Bank liquidity may be affected by oil prices, says HBSC debt-capital markets head for MENA.
The stock market rose in the minutes after the announcement, trading 0.9 per cent higher.
In November, chief executive Abdallah Massaad told Reuters that the company was working to exit its non-core businesses.
Kellogg’s latest bid, for 89.86 Egyptian pounds ($12.57) per share, followed an offer earlier by Abraaj for 88.09 pounds.
A majority of UAE’s non-resident Indians save to support their children and parents, a new study showed.
Iraq’s oil minister Adel Abdul Mahdi did not specify the form of intervention that OPEC should adopt.
The new order will help Kuwait Airways expand its operations through the launch of new routes.
The deal is expected to give Etihad greater access to the fourth largest travel market in Europe.
In a brief statement describing discussions at the board meeting, the central bank did not elaborate on how the study would be conducted.
The Observatory, which monitors Syria’s war with a network of sources, said the pilot was believed to have an Arab nationality.
Dubai’s main index was up 2.2 per cent at 3,802 points with property stocks dominating trade.