The airline said it made a net profit of Dhs247.4 million ($74.71 million) for the period ended Sept 30, up from Dhs202.7 million a year-ago.
The first phase of the Dubai tram, opening today, will stretch 10.6 kilometres and include 11 stations.
The company will offer 2.53 billion shares at a price of Dhs1 each, in an offer that will run from November 17 to November 30.
The developer made a net profit of Dhs127.93 million ($34.8 million) in the third quarter compared with Dhs171.89 million in the corresponding period of 2013.
Iranian Oil Minister Bijan Namdar Zangeneh visited Doha on Monday and delivered a message from President Hassan Rouhani to Qatar’s Emir calling for cooperation.
The U.S. Trade Representative said Kuwait had failed to introduce a copyright law in line with international standards and to properly protect copyright and trademarks.
The state-owned crude oil producer currently produces 1.6 million barrels per day.
A law in effect for decades already bans reporting on the military without permission, but a text of the new draft leaked to local media would increase curbs and penalties.
The stock will be able to move a maximum of 10 per cent up or down on its first day of trading, the statement said.
A petrol price hike would probably have a much bigger impact on consumers than the diesel and kerosene changes.
Zain and its rival Asiacell had baulked at government demands to pay $307 million for 3G spectrum for seven to eight years remaining on their $1.25 billion mobile licences awarded in 2007.
The doubling in size would be in terms of floor space, the number of people working in the centre and the number of companies there, the DIFC governor said.
The bank said several of its customers who have ongoing credit facilities with the bank obtained external funding to subscribe to the bond.
The executive said that the fluctuating oil prices does not overshadow Saudi Aramco’s long-term commitment.
Economic growth and lower provisions for bad debts have fuelled the banks’ profits, the UAE Banks Federation said.
An improvement in ties between Riyadh and Baghdad could help strengthen a regional alliance against Islamic State militants.
Abdullah al-Badri said both producers and consumers would be happy with oil prices in a broad range around $100 per barrel.
The 2.3 million sqft mall, located in Al Maryah Island, is scheduled for opening in March 2018.
Both operators’ premium travellers will now be able to enjoy mutual benefits, earning points and rewards.
Roadshows start in Kuala Lumpur on Thursday before moving to Singapore, Abu Dhabi and Dubai and closing in London on Nov. 17.
The firm’s third-quarter profit more than doubled, driven by higher income from its stake in AerCap Holdings.
The latest renovation will add an 80,000 square feet Carrefour hypermarket, around 50 new retail brands and a number of street-based restaurants to the mall.
Union Properties did not explain the nature of the required amendments in the bourse statement.
Kuwait’s oil minister also said he believed surplus production in the oil market would be absorbed soon, but that the extent of the surplus was not clear.
Dubai’s index added 1.1 per cent, buoyed by Emaar and Dubai Islamic Bank while Abu Dhabi’s index rose 0.7 per cent.
The tram will operate from 6.30 am to 1.30 am from Saturday to Thursday and from 9.00am to 1.30 am on Fridays.
The company made a net profit of OMR30 million ($77.9 million) in the three months to Sept. 30, up from OMR29.1 million in the year-earlier period.
The agreement allows UAE easy access to Asian markets while giving Japan priority access to reserves if Japan is in short supply of crude.
Songbird rejected an initial approach on Friday, saying the 295-pence a share offer significantly undervalued the company.
The state-owned property firm is on track to restructure the debt by the end of the year, when a payment worth a third of the total comes due.