Saudi Arabia’s food inflation rate in February was the lowest since November 2012.
The cabinet endorsed the establishment of the UAE National Institute for Medical Specialisations to improve training facilities in the country.
Spot gold was trading flat at $1,381.34 an ounce by 0319 GMT, after earlier hitting $1,391.76 – its highest since Sept. 9.
The collaboration will help the bourses offer energy products such as liquefied natural gas and electricity.
The project registered Dhs500 million in sales during the opening hours of the launch.
Saudi Arabia’s central bank reserves, the vast majority of which are believed to be in U.S. dollars, grew to a record $718 billion in January.
The debt is being rolled over for five years at a one per cent annual interest rate, WAM said in an official statement.
Receptionists, accountants and human resource professionals are the most sought after groups among the employers in the UAE.
Virgin Mobile Middle East and Africa was one of the winning bidders for three mobile virtual network operator (MVNO) licences in the kingdom.
Saudi Arabia, which pegs its riyal currency to the U.S. dollar, has kept its repo rate at 2.0 per cent since January 2009.
The project includes over 100 luxury villas, conceptualised by Donald Trump and his daughter Ivanka Trump.
Emaar is in the final stages of discussions with banks on the best way to conduct the listing, according to its chairman Mohammed Alabbar.
Saudi Arabia’s central bank governor said that he expected the private sector to drive growth in the Kingdom.
The sale required investors to place minimum orders of two million shares each.
Amal Al Qubaisi was also the first woman to be elected to the UAE’s Federal National Council in 2006.
The Dh6 billion Bluewaters Island project will also be connected to the mainland via a monorail system and a footbridge.
The proceeds “will be primarily distributed as dividend” to Emaar shareholders, the firm said.
Qatar, Dubai and Riyadh ranked 26, 29 and 31 respectively on the Global Financial Centres Index.
Reports on Wednesday alleged the US government used websites to break into computers.
Flamingo Villas, the flagship development of RAK Properties, was launched during Cityscape last year.
Abu Dhabi Commercial Bank bought back seven per cent of its shares last year after it secured approval for a 10 per cent buyback.
Eligible citizens who submit requests through the new programme, ESKAN, are expected to be allocated homes within seven months.
The 319-room hotel marks the Hilton luxury brand’s first entry into Dubai.
Both the companies will jointly invest in a new fuel farm and a hydrant system that will enhance the fuel storage capacity of the airport.
The minister also said China’s release of satellite imagery of possible wreckage had been wrongly issued.
The arrests are the first reported cases of Egypt’s Gulf allies detaining members of the Islamist group on its behalf.
Three agreements were signed between Oman and Iran, one of which was an initial deal on building a gas pipeline linking Iran with the Sultanate.
The UAE will host the first phase of the popular cricket tournament from April 16 to April 30.
A total of 3.45 million units were shipped to the region during the final quarter of 2013, according to IDC.
Izzat Kittaneh, business director MEA, Sony Mobile Communications, discloses details about the Xperia Z2, set to hit shelves next month.