Up to 45 per cent of IDH could be listed, the company said.
The company was hit by an accounting scandal in Poland and Germany in 2013.
The move is part of a wider Middle East expansion plan to open 55 new branches this year.
UAE Oil Minister Suhail bin Mohammed al-Mazroui said on Tuesday that OPEC’s decision in November not to cut output had been right.
rent crude oil dropped into the $46 area in Asian hours on Tuesday, near a six-year low.
Under the deal, both companies will implement a development plan to create a portfolio of power assets in Africa worth over $500 million.
Both Brent and U.S. crude are at their weakest since April 2009 and have fallen for seven straight weeks.
Songbird Estates said the 350 pence per share cash offer did not reflect the value of its property of growth potential.
The facility will now be operational for Etihad’s early morning flights, EY103 to New York JFK and EY183 to San Francisco.
Analysts at Goldman Sachs lowered their three-month price forecast for Brent to $42 a barrel from $80.
Several regional companies published positive fourth-quarter earnings.
Venezuela’s international reserves have deteriorated sharply due to the tumbling oil prices which hit new lows last week below $50 per barrel.
Rail projects across the GCC are expected to fuel intra-regional trade while helping reduce fuel consumption.
The UAE accounted for 54 per cent of BMW’s sales in the Middle East, followed by Saudi Arabia and Kuwait.
Industries Qatar fell its daily 10 per cent limit and was the main drag on Qatar’s index, which dropped 2.3 per cent.
The two plants are the second phase of the 500 MW Ouarzazate project, which is part of a government plan to produce two gigawatts of solar power by 2020.
The upgraded service will increase Emirates’ capacity from Manchester by 13 per cent, the airline said.
Pioneers, a financial firm that already owns 25 per cent of Arab Dairy, is in a bidding war with Lactalis for Egypt’s Arab Diary.
Middle Eastern air cargo carriers also saw a 17.1 per cent increase in capacity in November, IATA said.
The storm is forecast to last several days, threatening further disruption in Lebanon, Syria, Turkey, Jordan, Israel, the West Bank and the Gaza Strip.
Dubai’s bourse, which had suffered more than others and fallen 8.6 per cent this week, added 0.8 per cent in a broad recovery.
Shareholders controlling 59.91 per cent of the company’s shares had agreed to sell at 89.86 pounds per share, Bisco Misr said in a statement.
Brent futures edged up early on Tuesday but traded below $54.
The guards were killed in a slight border skirmish when attackers shot at the patrol near Arar.
The explosion left a hole in the wall of the building but no fatalities were reported.
Rouhani’s call is in line with his preference for a greater public say on strategic matters, traditionally vested with the Supreme Leader Ayatollah Ali Khamenei.
Egypt has delayed payments to oil and gas firms as its economy has been hammered by almost four years of instability.
Saudi Arabia closed its Baghdad embassy in 1990 after the late Iraqi dictator Saddam Hussein invaded Kuwait.
The High Court in Cairo ordered a retrial last week on the grounds of procedural flaws in the trial.
Three journalists are expected to remain in jail until they appear in a new court for retrial, a defence lawyer was quoted as saying.