Dubai’s index rose 1.8 per cent to 4,653 points as most stocks gained.
Part of the Emaar Square integrated community, it marks the first full fledged hotel and residence project of The Address Hotels and Resorts brand in the international market.
A sustained oil price decline of $25 reduces the revenue of most GCC countries by the equivalent of about eight percentage points of gross domestic product, and could therefore push many of them into fiscal deficits.
Gulf carriers, looking for routes on which to deploy their fast-growing fleets, have spotted a shortage of long-haul flights and have expanded into Italy.
Under the contract, the first phase of an expansion of the master gas system, SEPCO will install two booster gas compressor stations.
The private equity firm has been in exclusive talks for months to buy a controlling holding in the restaurant group.
Currently, around 25 per cent of the firm’s funds come from Asia and the Middle East.
The moves were part of a gradual tightening of EU sanctions against the government of Syrian President Bashar al-Assad.
EY ranked first in terms of the volume of published material while Deloitte produced almost a third of consulting thought leadership material, a new report finds.
The hackers potentially gained access to passwords, iMessages, photos and contacts, Greatfire.org said.
Oxy had said in October 2013 that it planned to sell a minority stake in its MENA operations as part of a restructuring programme.
The airlines will fly two Airbus A330-200 aircraft with the Expo livery starting from October 21 between Rome and Abu Dhabi.
De Margerie, 63, became CEO of the French oil company in February 2007, taking on the role of chairman in May 2010.
Muhammed Abd Al Rahman Awn Al-Shamrani, 39, should stay at the prison because he remains a security threat, the Periodic Review Board said.
Dubai’s index, which was up as much as 2.5 per cent early in the session, fell 0.4 per cent by mid-day as the pan-European FTSEurofirst 300 index edged down 0.6 per cent.
The wearable gadget’s battery life will exceed two days of regular use, Forbes reported.
Worries about weak earnings report on growth and business had sent Middle East bourses tumbling, with Dubai’s index down 13.6 per cent last week
However, majority of regional firms struggling to attract and retain skilled talent, finds Towers Watson study.
Portugal’s largest listed lender, Banco Espirito Santo, was rescued by the state in August.
Jumeirah in the emirate came bottom on a list ranked by the cost of a basket of travel essentials.
In March, Arabtec said it would build one million homes in Egypt in a $40 billion project backed by the Egyptian and UAE governments.
Khoury founded the Consolidated Contractors Company (CCC), one of the region’s biggest construction firms.
A spokesman said the cut in production would not result in job losses.
The larger tablet includes new features such as an anti-reflective screen and the “Touch ID” sensor.
Brent crude oil sank to a four-year low below $83 a barrel last week because of ample supply and the prospect of a weak global economy.
Political stability has returned to Egypt under President Abdel Fattah Al-Sisi but it yet to be seen if the former Army man be able to command its faltering economy back to life.
Middle Eastern investors are causing a marked shift in London’s prime property market.
Prices above $100 are unsustainable because they lead to too much new supply and too much demand destruction, writes Reuters columnist John Kemp.
Globally, passenger numbers are expected to reach 7.3 billion by 2034, representing a 4.1 per cent average annual growth.
Global benchmark Brent has lost more than 28 per cent since June on slow demand and abundant supply.