The recent split will drive more focused investments to the sector, company executives say.
The contract, secured by Agility Defense and Government Services, will run from October 2014 to April 2016, the company said in a statement.
The motion due for debate in Britain’s lower house of parliament will ask parliamentarians whether they believe the government should recognise the state of Palestine.
The Saudis now appear to be betting that a period of lower prices will be necessary to pave the way for higher revenue in the medium term.
Among countries offering reconstruction aid for Gaza, Qatar offered $1 billion, Kuwait and UAE promised $200 million each and Turkey pledged $200 million.
Kuwait’s oil minister Ali al-Omair said that cutting output would not necessarily prop up prices.
The Japanese electronics company aims to grow its overall business in MEA to over $1 billion.
The wind farm at Harweel will have a capacity of 50 megawatts, and is expected to begin operating early in 2017.
In a statement, the bank said its net profit for the first nine months of 2014 was 8 billion riyals.
Markets fell globally after a raft of weak indicators from Europe and China collided with concerns about the U.S. Federal Reserve’s plans to reduce monetary stimulus.
Today’s trio takes the French Group’s Middle East portfolio to 100 hotels
Dubai plunged 6.7 per cent, Abu Dhabi slid 2.1 per cent and Qatar dropped 2.7 per cent.
Almarai made a profit of SAR539.4 million ($143.8 million) in the three months to Sept. 30, up from SAR475.6 million in the year-earlier period
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The U.S.-led coalition escalated air strikes on Islamic State in and around Kobani, also known as Ayn al-Arab, last week.
A UN official has said a “20-fold increase” in the global response is needed to combat the spread of Ebola compared to efforts at the end of August.
The IMF has flagged Europe as the top concern, a sentiment echoed by many policymakers, economists and investors gathered in Washington for the Fund’s fall meetings.
Qatar has provided around $7.5 billion in loans and grants during ex-president Mohammed Mursi’s year in power.
Etihad and Air Berlin have in the past shared codes on flights to around 60 destinations, meaning their number of shared flights will more than halve.
The lack of a Saudi cut could add to perceptions of traders and analysts that the Kingdom is looking to defend market share, not prices.
After gaining European safety approval for the A350 last month, Airbus is now working to get the cabin furnishing ready for Qatar Airways.
As the UAE’s shifts to omni-channel retail, industry players will have to innovate to keep pace.
The current strategy requires Western patience that grows thinner with each headline of gruesome Islamic State atrocities or videos depicting beheadings of American or British hostages.
Rajab is accused of “insulting the the Interior and Defence Ministries” through his social media account.
The upcoming mega Dubai Parks and Resorts project features five theme parks including Hollywood and Bollywood-inspired parks.
Tim Clark told the German online magazine that modern planes already had the necessary equipment but measures should be taken to ensure pilots can’t turn off tracking devices.
Badrah Pavilion is Nakheel’s sixth neighbourhood retail centre and will serve 800 homes at the developer’s Badrah and Veneto communities.
Emirates Transport has been meeting the staff transportation needs of ENOC’s group of companies for the last seven years.
Facebook’s final WhatsApp acquisition price tag has risen an additional $3 billion because of the increased value of Facebook’s stock in recent months.
The attack occurred just hours after a showdown between the Houthis and President Abd-Rabbu Mansour led to the resignation of PM Ahmed Awad bin Mubarak.