HSBC Bank Oman said in April it had agreed to the sale of its Indian business to Doha Bank.
Houston will also join the airline’s superjumbo network this week
Both U.S. crude and Brent have fallen for five straight months.
The Huangs were arrested in January 2013 after their 8-year-old daughter, Gloria, died unexpectedly.
Hassan Al Thawadi assured Asian Football Confederation members they too would also feel the positive affects of a first World Cup in the Middle East.
Sovereign wealth funds in the region are investing more in emerging markets such as Africa and China as they shift away from Western markets.
Indian low-cost airline spots budget travel opportunities to Bengaluru and Kozikhode
HSBC Oman, 51 per cent owned by London-listed HSBC, said talks were preliminary and may or may not lead to a sale.
A proposed resolution on a Palestinian state is unlikely to gain the support of veto-wielding council member the US, a key ally of Israel.
The payment brings the amount Egypt has returned to Qatar to $6 billion, leaving $500 million outstanding.
Nearly half of Pakistan’s electricity is generated by gas.
The move will result in a net reduction of Airbus Group’s stake from 46.3 per cent to 42.1 per cent.
Oil demand in Asia is not growing quickly enough to offset stagnating consumption, writes Reuters columnist John Kemp.
Oil prices have fallen by more than a third since June mainly due to increasing production in North America from shale oil.
The dirham is pegged to the dollar at 3.6725 and is trading in the spot market at 3.6730.
The lender said it charged them excessive foreign currency fees on debit and credit card transactions.
Mohamed al-Makkawi, Al-Futtaim’s Egypt CEO, said the investments would be directed towards new projects in Cairo Festival City development.
The Middle East market, specifically Saudi Arabia, holds strong potential for growth for the French tyre company, says COO.
The bank has arranged syndications for Turkish borrowers worth more than $4.5 billion since 2010, including more than $2.1 billion in the past 18 months.
Oil prices have fallen 30 per cent since June to below $80 per barrel.
Key will be what OPEC’s biggest producer, Saudi Arabia, decides, with some analysts expecting no price supporting action from the Kingdom.
Petrochemical revenues from the region grew by $6 billion between 2012 and 2013, increasing 7.3 per cent, a new report shows.
Iran’s oil minister will meet his Saudi counterpart in Vienna to persuade the oil giant for cuts in oil production and supply, state news agency said.
Abraaj is now offering 79.10 pounds ($11.06) a share for a total purchase price of 909.65 million pounds, it said in Sunday’s statement.
The negotiations between Tehran and six world powers – the US,UK, France, Germany, Russia and China have dragged on for more than a year.
Engineering firm Arcadia will now seek to expand into Saudi Arabia, Qatar and the UAE.
Western officials say Iran has refused to budge on key issues such as uranium enrichment.
Oil prices have fallen by 30 per cent since June to around $80 a barrel, alarming some OPEC members.
The three journalists have been jailed for nearly a year on charges of aiding a “terrorist organisation”.
Africa’s fast growing economies have transformed the continent into a booming frontier market, but risk is still a primary concern for GCC investors.