A Joint Planning Cell has been established with Saudi Arabia to coordinate U.S. military and intelligence support, White House said.
A widening Yemen conflict could pose risks for global oil supplies, and Brent crude oil prices shot up nearly six per cent soon after the operation began.
Local media said the resignation came as a member of parliament had demanded to question the minister for allegedly failing to protect the rights of small shareholders.
Bank of America, Barclays and Nomura are joint bookrunners on the stake sale, which is worth around 1.5 billion pounds.
Subscription for the initial public offering will open on April 22 and run until April 28.
The company plans to achieve its 2018 profit target through earnings growth “across our core companies, particularly those in the financial services and media sectors”.
Fadi Mroue discusses the Darwinian future of advertising and Beirut vs Dubai as a media hub, following République’s crowning as Independent Agency of the Year at the Dubai Lynx Awards.
The head of BIE is on an official visit to Dubai to discuss the approaching submission of the Expo 2020 registration document.
The plant, in Jubail, is operated by Sahara & Ma’aden Petrochemicals Co (SAMAPCO) and will be offline for 25 days from April 1.
Yemen’s foreign minister had earlier called on Arab states to intervene militarily to halt the Shi’ite militia’s Houthi advance.
P&O Ports has signed MOUs for preliminary discussions with the governments of Madagascar, the Republic of Somaliland and Albania to enhance their port infrastructure.
The action allows lawyers for the conglomerate to gather the signatures of creditors in support of the deal outside the Dubai World Tribunal.
The decision looks likely to have little immediate impact on investment flows since foreign ownership limits for most stocks are far from being used up.
Dar Al Arkan chairman Yousef al-Shelash said that he did not expect the tax to be applied to this land, since the company was in the process of developing it.
The cause of the explosion is yet to be confirmed, according to the building manager.
Trading in Amlak was halted in November 2008 as credit markets dried up and the emirate’s real estate prices began a 50 per cent tumble from their peak.
The armor and artillery being moved by Saudi Arabia could be used for offensive or defensive purposes, two U.S. government sources said.
The pair are charged with aiding a terrorist organisation, a reference to the Muslim Brotherhood.
The city, designed to increase female employment opportunities in the Kingdom, will span five million square metres.
The deal has garnered more than $3 billion in orders, a document showed.
The comments appear to counter some market forecasts that the U.S. oil glut may push prices to as low as $20-$30.
Pickens revised his previous forecast which said oil prices would reach the $100 level as early as this year.
The bank has mandated HSBC and Standard Chartered as joint global coordinators for the Tier 1 bond.
The plant, located in the Ma’aden complex at Ras Al Khair city, was shut down on March 23 “for a period of around 10 days”, the company said.
The non-stop flights are scheduled to begin from September 1, 2015.
Hadi wants the council to adopt a resolution to authorise “willing countries that wish to help Yemen to provide immediate support for the legitimate authority.”
The company said earlier that it had successfully placed 2 billion euros ($2.18 billion) of unsecured exchangeable bonds over shares of UniCredit.
Hussein Oteifa, GM at satellite provider SES Middle East, explains how data connectivity is important for economic growth.
BeIN Media Group is yet to finalise the acquisition of the satellite network.
The statement comes as human rights group Sherpa filed a complaint against the company violated the rights of workers in its Qatar projects.