Market conditions may have shifted so far in favour of euro issuance that Gulf borrowers may leave their comfort zone and start to follow a shift towards the euro.
The financing from a group of Korean institutional investors is structured as a 15-year, fixed coupon full-payout lease.
Actual oil output from the United States could prove harder to beat back, sources say.
The firm is bidding for the second phase of Etihad Rail project, a senior official said.
Mohamed Fahmy, a naturalised Canadian who has given up his Egyptian citizenship, and Egyptian Baher Mohamed were released on bail last month.
Rental returns from the eight-storey tower in Al Warqa will be allocated to the Al Noor centre in Dubai.
The new API will boost e-commerce in the region, according to the company.
Abd-Rabbu Mansour Hadi’s troops deployed tanks and armoured vehicles against heavily armed special forces loyal to former President Ali Abdullah Saleh.
Kuwait’s oil minister said on Thursday that OPEC had no choice but to keep output steady.
The luxury aircraft will be used to promote the upcoming action flick, ahead of its launch in April.
The website has a constantly growing user base with 76 per cent of social media users in the Middle East and North Africa region using it regularly.
Factors largely beyond its control have dulled Ooredoo’s lustre, and its profits for the past two quarters have missed analysts’ forecasts by a wide margin.
Ali al-Omair said the OPEC has to keep output unchanged to sustain marketshare.
Alabbar is managing the company’s business on a daily basis and is fully committed to it, Emaar said in a statement.
An increasing number of Filipinos in the UAE are opting to buy property in their home country.
The annual general meeting of the lender gave approval for the move in accordance with Basel capital requirements.
Jeanette Teh shares her tips to encourage happiness in the work place in the buildup to the International Day of Happiness.
The firm made a profit attributable to shareholders of $675 million compared with $604 million in the prior year.
The plan comprises issuance in domestic and international markets through public subscription or private placement, a bourse statement said.
The attack in Tunisia by unnamed gunmen killed 19 people and injured 17 others.
The country also summoned Sweden’s ambassador to the UAE to deliver a formal protest against remarks made by the Swedish foreign minister.
Savola reduced its projection to SAR178 million before capital gain from its previous forecast of SAR360 million.
Government investigators determined that the recordings were not authentic and had been edited.
No international trade rules or precedent by the US exists for addressing airline subsidy claims, presenting a challenge for the administration, sources say.
Tariq al-Mutairi, head of the liberal Civil Democratic Movement was detained on his way home early on Wednesday.
Security forces are reportedly surrounding two militants who may have taken hostages in a nearby museum.
The funds will be used to help the company meet commitments at the group and subsidiary levels.
Currently no visa or consular services are being provided in Riyadh, Jeddah or Dhahran.
Over $2.5 billion worth of contracts were awarded in Qatar’s hotel and tourism sector last year.
Production was steady in January at 9.680 million bpd from 9.630 million bpd in December.