The identity of the buyer of CBK’s holding in Boubyan was not immediately clear.
Songbird’s management earlier this month said an offer from Qatar undervalued the London based-developer.
The start-up phase will involve testing equipment at the plant, which has annual production capacity of 4,000 tonnes, a statement said.
The Indonesian Navy spotted objects suspected to be an emergency door and underwater objects resembling a plane, a senior official said.
Unnamed government official denies comments on social media about the government mulling a reduction in public expenditure.
The bank said that it will give a dividend of 35 halalas per share, down from 80 halalas from the same period last year.
Dubai’s index tumbled 5.0 per cent as most stocks declined.
Libya is surviving on a mere 128,000 barrels per day from fields connected to the eastern port of Hariga, an oil official said.
U.S. assistance could include air, surface or underwater detection capabilities, said Rear Admiral John Kirby, the Pentagon press secretary.
The 2015 budget is around 23.44 per cent larger than the previous year, a senior official said in a statement.
The Indonesian search team suspects the plane is under water with no signal detected from the emergency local transmitter yet.
The facility is located in Saudi Arabia’s Jubail Industrial City.
The verdict was announced by the chief prosecutor of terrorist crimes who said that the three were among 12 people charged with a bomb attack in February that killed the policeman.
Output from Libya remains at a fraction of the 1.6 million barrels a day it produced prior to the 2011 ouster of leader Muammar Gaddafi.
The firm sold off its 100 per cent stake in the hotel to a UAE-based investment firm for $95 million.
After a two-hour closure, all diverted flights have proceeded to Abu Dhabi and delayed outbound flights have begun departing, a statement said.
Dubai’s index fell 0.7 per cent after jumping 2.6 percent on Sunday.
The announcement follows a previous declaration of January 1 being a paid holiday for all employees in the Emirates.
Etihad Airways diverted 15 inbound flights to five other airports in the region including Dubai World Central and Muscat.
The retailer plans to open eight new stores in the Kingdom over the next 24 months, the company’s managing director said.
Greste’s brothers, Mike and Andrew Greste, told reporters in Australia they did not believe their brother would be released before the appeal.
A lawyer who represents al-Wefaq said the charges against him include incitement against the government, calling for its overthrow by by force and inciting the youth to revolt.
The Indonesia AirAsia plane disappeared after its pilot failed to get permission to fly higher to avoid bad weather during a flight from the Indonesian city of Surabaya to Singapore on Sunday.
Deputy chairman Talal Mohamed Reda Yousef Behbehani will take over the position of chairman for the bank.
The sell off is part of the company’s efforts to focus on its core business strategy of tile-making, a statement said.
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.