Brent crude oil fell more than $2 a barrel on Monday to a new five-year low.
US investment bank Morgan Stanley said oil prices could fall as low as $43 a barrel next year.
The company aims to create at least 600 jobs when it opens a second plant in 2017.
Waldorf Astoria Palm Jumeirah reveals the details of its royal suite, the largest in Dubai.
Out of those detained, 109 are Saudi citizens while the remaining 26 hail from Syria, Yemen, Egypt, Lebanon, Afghanistan, Ethiopia, Bahrain, and Iraq.
The facility will now have a new production line for Snickers, and employ 50 additional people.
Freehold residential rents rose by 2.7 per cent between Jan-Sept, compared to nine per cent during the same time in 2013.
The British Embassy in Cairo closed to the public on Sunday, also citing security concerns.
Dubai Parks and Resorts will list its shares on the Dubai Financial Market on Wednesday.
The $20 billion Barakah project, funded by the Abu Dhabi government, is expected to provide 24 per cent of the UAE’s energy by 2020.
The hostile move followed Songbird’s rejection of an initial $3.43 billion approach.
The aircraft descended from 39,000 to 10,000 feet in five minutes before landing safely in Perth.
Qatar, which has previously helped mediate the release of hostages held by Nusra, said its decision was based on the failure to secure the captives’ release.
Kuwait Petroleum Corporation CEO said that the price will hover around $65 until the world economic recovery is clear.
Dubai’s stock index edged down 0.5 per cent as most stocks declined in low-volume trading and heavyweight Emaar Properties fell 1.1 per cent.
Around 30 per cent of all BBJs in service are operated by Middle East customers.
All private firms in the UAE will now have an additional six months to settle their unpaid dues, which will be reduced to Dhs1,000 each for a card, a senior official said.
Iran’s defence expenditure will rise 33.5 per cent to about 282 trillion rials, most of which will be assigned to the elite Revolutionary Guards.
WAM, quoting a security source, said that investigation of the woman showed that the “crimes she had committed are the result of a personal instigation and a lone terrorist act.”
The new innovation centre will help the industry to develop solutions that address challenges ranging from climate change to resource scarcity, and also help advance scientific discovery.
Sheikh Maktoum led the financial services firm for the last three years and helped turn it profitable again.
Jamal al-Hazeem departure was “mutual and amicable” from the role he took up in 2010, the bank said.
A total of $18 billion was remitted abroad from the UAE in 2013, mostly through the estimated 120 exchange firms.
European manufacturer’s ACJ330 Summit targets governments and VIPs
The city should provide innovative public transport options to residents and tourists, say experts.
The transaction is in line with the company’s strategy to maximise its stakes in its subsidiaries, a statement said.
The group is opening three new hotels in the Iraqi city of Erbil and a new hotel in Saudi Arabia, its chief executive said.
The government has enough headroom to fund its developmental projects through a healthy debt-equity mix, director-general of Dubai’s department of finance said.
Paul Ryan says he is satisfied with the way the case was handled and is grateful for all the support offered.
Cement firms in Oman have also warned that the price rise will lead to an increase in their production costs.