The new law mandates all men to undergo compulsory military training once they reach the age of 18 and to remain in reserve forces till the age of 45.
It attributed the rise to an increase in its fleet of very large crude carriers to 31 from 17.
The deal is a first in the region for TPG, which manages about $65 billion of capital.
Palestine is in the midst of an economic crisis triggered by a row with Israel over taxes.
GCC states had little grounds for hoping they could build normal ties with Tehran, said the UAE’s foreign minister.
Apollo is the world’s third-largest alternative asset manager after Blackstone Group and Carlyle Group.
Bahri expects to book revenues of at least $67 million annually from the deal.
The bank attributed its rise in net profit to an increase in total operating income.
Rules introduced in the last few years require homes and businesses to install insulation and tighten standards for air conditioners.
The bank reported a net profit of $741.7 million for the first quarter of 2015.
The second A380 service will begin from October 1, 2015, adding 945 seats per week on the route.
The policemen were patrolling in their vehicle at 1:30 a.m. when shots were fired at them.
The first phase of the project will consist of 240 one bedroom apartments with prices starting at Dhs536,892.
The fund’s latest acquisitions include the W Hotel in Washington D.C., a majority stake in New York’s Mandarin Oriental and minority stake in One&Only Cape Town.
Apartment rates in Dubai saw a drop or gain between one and three per cent, while villa rates were largely unchanged.
It made a net profit of SAR247 million in the three months to March 31.
The projects include a 12 million sq ft mixed used development in Deira Islands that will feature a massive mall with a glass dome.
The Kingdom produces more than 10 per cent of the world’s crude.
The Saudi oil minister also said he expected oil prices, that have languished near six-year lows, to improve in the near future.
Washington is also stepping up intelligence sharing with the coalition, which is conducting military airstrikes against Houthi fighters in Yemen.
he Treasury said its sanctions would shut Al-Furqan out of the U.S. financial sector and prohibit Americans from doing business with the organisation.
A formal law could help develop the country’s bond market and cover any future budget deficits due to low oil prices.
Nathani will remain at the bank during his notice period and ensure a smooth transition to a successor, the lender said.
Overall the job listings in the Middle East rose 14 per cent year-on-year in March, the index showed.
The syndication was a mix of conventional and Islamic financing structures, a bourse filing said.
The new 400,000 barrel per day refinery had previously started exports of diesel and gasoline.
Kuwait, Saudi Arabia and the United Arab Emirates have provided billions of dollars of aid to Egypt in the past two years.
The airlines’ logos will feature on the team’s shirts, and their branding will also be advertised in the Wankhede Stadium.
Saudi has asked Pakistan to join its military coalition that began conducting air strikes last month against Houthi forces in Yemen.
The bank said it made $312 million in the three months to March 31.