Qatar Diar, the real estate arm of the Gulf state’s sovereign wealth fund, owns 45 per cent of Barwa.
A Jubail plant would have processing capacity of 1.5 million tonnes a year and the other, in Rabigh, one million tonnes a year.
The bank had said in March it would issue local debt as part of an adjustment of monetary policy.
Financial details of the deal were not disclosed.
The project will include four rail lines and will link stadiums for the 2022 World Cup tournament.
The Kingdom announced in March that it was planning to ban VoIP services such as Skype and Viber.
The changes are expected to be implemented in six to nine months.
The family conglomerate has hired three people from accounting firm Deloitte to senior management positions.
The deal marks Qatar’s first major investment in a listed Indian company.
Airline to introduce the double-decker aircraft from January amidst “robust demand” for business and leisure traffic
A total of 1,283 buildings were completed in Abu Dhabi during the quarter, according to official data.
The Dubai contractor expects a series of recent contract wins to boost its 2013 earnings.
L&T will build a plant with a processing capacity of 75 million standard cubic feet per day.
A feasibility study will be carried out by the two companies over the next five months.
With several high profile property launches, how can Dubai avoid another real estate crash?
Boeing is expected to announce a formal launch of the aircraft in June.
Emaar MGF Land has been accused of using overseas funds to buy agricultural land, which is not allowed.
Kuwait, Bahrain and the UAE also make it to the global top 10 nations with the highest density of millionaires.
Yield on the 91-day T-bills eased to 0.82 per cent on Tuesday from 0.87 per cent in May.
Claude Henri Chavanon replaces Alan Durrant who left NBAD recently.
The telecoms operator will offer 55.9 million shares at one dinar each.
Tie up with global travel wholesaler Tourico Holidays provides passengers with access to more than 36,000 hotels
The new entity, Emirates Global Aluminium, will be jointly held by Dubai Aluminium (Dubal) and Emirates Aluminium (Emal).
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The rescheduled payment, spread over seven years, will be treated as a commercial loan.
The wheat is of optional origin from the European Union, Australia and North and South America.
Airline now serves both Tokyo airports and new service operates as a codeshare with Japan Airlines
The GCC has called Hezbollah’s involvement in Syria “sectarian intervention”.
The Abu Dhabi developer has sold three plots of land to help meet its creditor obligations, but is still facing a huge deficit in its debts to the Abu Dhabi courts.
The Majid Al Futtaim group planned to partly finance the $683 million acquisition of Carrefour’s stake through a hybrid bond.