DIB plans to increase its stake in Bank Panin Syariah to 40 per cent from the current 25 per cent, its CEO said.
British Prime Minister said the government would consult on a discretionary power to prevent Britons from returning home if they have pledged allegiance to extremist causes.
Ooredoo and Norway’s Telenor Group last year won telecom licences in the southeast Asian country, whose mobile penetration is about 10 per cent, among the lowest globally.
About 1,370 Iraqis were wounded and 600,000 people forced to flee, the United Nations said.
The investment will boost the amount of funding for renewable energy projects to help meet growing power demand in the MENA region, IFC said.
The first shipment is expected to be sent next week, an official said.
Located on the Samoan island of Upolu, the 550KW project was funded by UAE-Pacific Partnership Fund.
Fund managers still see pockets of opportunity in Saudi due to the market’s liquidity and diversity.
Kuwaiti Foreign Minister Sheikh Sabah Khaled al-Sabah said that Saturday’s meeting had led to limited progress but he did not announce any concrete step to end the rift.
Gulf bond issues, expected to start next month, are likely to include a sovereign sukuk from Sharjah and a sovereign U.S. dollar conventional bond from Bahrain.
Libya’s oil production rose significantly during the last two months but experts say the ongoing internal conflict could be counterproductive.
The carrier is set to receive the first delivery of the new widebody aircraft in the fourth quarter of this year.
The Gear S has a 2-inch curved display and offers features like WiFi connectivity, pedestrian navigation and a built-in GPS.
GEMS American Academy-Qatar will begin with primary school but will expand to secondary education in the coming years, the operator said in a statement.
Both sides have agreed to address issues such as the release of Palestinian prisoners and Gaza’s demands for a sea port.
The deal, which took effect on Tuesday evening, called for an indefinite halt to hostilities and the immediate opening of Gaza’s blockaded crossings with Israel and Egypt.
Hossein Abdollahian was in Jeddah for the first high-level talks between the two nations since Hassan Rouhani was elected Iran’s president.
Apple has been working with its suppliers for over a year on larger touch-screen devices, Bloomberg reported.
The deal will create the world’s third-largest fast food restaurant group, with sales of about $23 billion.
Sara Akbar said the violence in Iraq was temporary and could not overshadow the country’s vast potential for relatively easy oil.
Israeli attacks flattened the 13-storey Basha Tower and the 16-storey Italian Complex.
Brent crude edged up towards $103 a barrel on Tuesday, although supply pressure and weak economic data in consumer countries curbed gains.
The Gulf Arab state’s diplomacy recently helped free Peter Theo Curtis, an American journalist held since 2012.
The workers were seized from the town of Silopi by suspected members of the Kurdistan Workers Party (PKK).
The deal is expected to close in the second half of the year.
Geopolitical tensions in Ukraine and Libya pushed up prices, although ample supply limited the rebound from last week’s 14-month low.
The emirate is holding a Chinese Visitor Summit to boost tourist numbers and guest nights.
Corpbank’s fate has been in limbo since June, when a run on deposits prompted the central bank to seize control of it and close its operations.
Hossein Amir Abdollahian’s trip is the first high-profile visit to the Kingdom since the election of Iranian President Hassan Rouhani in 2013.
The Hang Seng Index rose 0.2 per cent to 25,166.91 points.