The widely differing numbers underline the difficulty of finding reliable economic statistics in the Gulf, where many governments have not developed extensive systems for collecting data.
The firm made a profit of KD13.04 million ($44.8 million) in the third quarter of 2014.
In a monthly report , OPEC forecasted that demand for the group’s oil will drop to 29.20 million barrels per day (bpd) next year — almost one million bpd less than its current levels.
The sources said the EU antitrust authority had accepted the airlines’ offer to give up some airport slots on the Rome-Belgrade route to facilitate rivals.
The property firm said that it will focus on countries such as Saudi Arabia while avoiding conflict-prone states such as Egypt and Syria.
The firm made KD10.9 million ($37.45 million) in the third quarter of 2014.
UAE residents and citizens can now obtain their credit reports from the Al Etihad Credit Bureau’s website or customer service centres for a nominal fee.
High passenger loads shield airline from external factors but group profit impacted by dnata
Iran’s oil minister Bijan Namdar Zangeneh discussed the developments in the oil market with Kuwait’s emir, the Iranian news agency reported.
Lamprell’s shares rose as much as 5.8 per cent to 150.25 pence in morning trade, following the announcement.
Pricing of the bond tightened on high investor demand, with orders topping $3 billion, according to the arrangers.
The major oil exporter’s public spending was 6.12 billion dinars in April-September, below 11.61 billion dinars originally planned for the period.
The state-owned bank revealed that the portion for retail investors was 23 times subscribed, with a total of 1.25 million subscribers.
The firm cited a higher effective tax rate for the decrease in profit.
The company received $71 million in cash from operations and cash collections in the third quarter.
The firm suffered $3.2 million loss in the same period last year.
Diplomats say preparations for the annual gathering of the GCC have become indicative of an unprecedented rift between Gulf Arab states over Doha’s backing of Islamists.
International oil prices have fallen by around 30 per cent since June, as fast-rising U.S. shale production has contributed to growing supplies.
The smelter made a third-quarter net profit of BD29.5 million ($78.25 million) in the three months to Sept. 30, up from BD4.9 million in the year-ago period.
The trade, which made Aabar the biggest shareholder in Arabtec, was done at a price of Dhs5 per share, compared to the stock’s closing market price of Dhs4.26.
Output is expected to reach a peak rate of around 15,000 barrels of oil per day (bopd) as the wells are completed at the Manora oil field, the company said.
A booming population, rise in income levels and improved returns on investment in education are boosting growth in Dubai’s school sector.
The firm, also called flydubai, has picked seven banks as arrangers, a document from lead managers showed.
The company said in September this year that its accumulated losses as of August 31 stood at SAR2.689 billion, equivalent to 215 per cent of its paid-up capital.
The rules, which outline the conduct, activities and supervision of credit rating agencies, will help to develop the country’s capital markets.
The middle distillates market was hit by high supplies this year compared to last, which may have affected the term premium.
Qatar’s economy depends heavily on state spending funded by the coutnry’s gas exports but energy prices still appear far from levels that would stress government finances.
The official said that the oversupply is mainly caused by shale oil revolution in the market.
Bildco posted a loss of Dhs10.8 million ($2.9 million) in the three months to Sept. 30, compared with a loss of Dhs7.7 million in the same period a year earlier.
Loaded with its latest Windows Phone 8.1 operating system, the Lumia 535 and Lumia 535 dual SIM will be priced at around 110 euros (about $137) before taxes and subsidies.