As per new rules, Saudi Arabia will allow foreigners and citizens who are not healthcare professionals to run hospitals and other medical institutions in the country.
Azadea expects to fetch between $400 million and $500 million with its offer of a 25 per cent stake, sources said.
The cabinet called for cooperation against market speculators and said that it was pleased with OPEC’s decision to keep output unchanged.
This month sees the Dubai airline start three services in Eastern Europe
A circular from the Capital Market Authority said the suspension was due to a case involving an unidentified firm and would stay in place until its conclusion.
The cabinet also issued directions to all government entities to revise policies in order to provide a nurturing environment for innovation in the country.
Saudi Arabia cut prices for crude sold to Asia in four of the past five months, part of its strategy in a fight for market share against non-OPEC producers.
The exhibit will feature events like the signing of the Declaration of the Union on December 2, 1971 by the UAE’s founding fathers.
HSBC Bank Oman said in April it had agreed to the sale of its Indian business to Doha Bank.
Oil fell nearly $2 a barrel in Asian trade on Monday and both U.S. crude and Brent have fallen for five straight months.
Houston will also join the airline’s superjumbo network this week
Both U.S. crude and Brent have fallen for five straight months.
One of the plants at the facility had been destroyed, while another had its structure partially damaged.
The Huangs were arrested in January 2013 after their 8-year-old daughter, Gloria, died unexpectedly.
Saudi Arabia’s bourse took the biggest hit, dropping 4.8 per cent to 8,625 points, its lowest close since early January.
Hassan Al Thawadi assured Asian Football Confederation members they too would also feel the positive affects of a first World Cup in the Middle East.
Almost five out of 10 Filipinos living in the UAE are prioritising property investment in the Philippines, a survey finds.
Sipchem’s proposed dividend is in line with what it paid in the corresponding period of 2013.
Small and medium businesses in the UAE rated direct risks such as competition and weak consumer demand as more serious than damages from fire and supply chain disruptions, a new survey has found.
The deal is a three year loan facility with each bank arranging $500 million of the loan, NBAD said in a statement.
The UK’s Sunday Times newspaper revealed fresh corruption allegations detailing how votes were reportedly bought and sold.
Raysut will try offset the impact of higher gas prices by making other cost reductions, improving efficiency and restructuring its own prices, according to a bourse filing.
Sovereign wealth funds in the region are investing more in emerging markets such as Africa and China as they shift away from Western markets.
The builder announced the proposed rights issue last Tuesday, saying it will use the money to expand its business.
Indian low-cost airline spots budget travel opportunities to Bengaluru and Kozikhode
The regulator denied reports that the country was studying the feasibility of continuing the peg between the dirham and the US dollar.
Brent crude prices have fallen about 10 per cent since regional equity markets last traded on Thursday.
In October, Vodafone Qatar announced it had reached a non-binding agreement to buy QNBN.
The government plans to introduce hikes to gas prices in 2015.
HSBC Oman, 51 per cent owned by London-listed HSBC, said talks were preliminary and may or may not lead to a sale.