The funds represented about of fifth of the total amount of so-called ‘black money’ that the authorities suspect was illicitly stashed abroad.
Daman Fifth caters mostly to rich individuals, family investment offices and institutional investors from within the Gulf.
Actual oil output from the United States could prove harder to beat back, sources say.
The firm is bidding for the second phase of Etihad Rail project, a senior official said.
Mohamed Fahmy, a naturalised Canadian who has given up his Egyptian citizenship, and Egyptian Baher Mohamed were released on bail last month.
Abd-Rabbu Mansour Hadi’s troops deployed tanks and armoured vehicles against heavily armed special forces loyal to former President Ali Abdullah Saleh.
Kuwait’s oil minister said on Thursday that OPEC had no choice but to keep output steady.
The luxury aircraft will be used to promote the upcoming action flick, ahead of its launch in April.
An increasing number of Filipinos in the UAE are opting to buy property in their home country.
The attack in Tunisia by unnamed gunmen killed 19 people and injured 17 others.
No international trade rules or precedent by the US exists for addressing airline subsidy claims, presenting a challenge for the administration, sources say.
Security forces are reportedly surrounding two militants who may have taken hostages in a nearby museum.
The company has an exclusive licence to carry out a geological survey of the Mediterranee Ouestarea, which comprises 3,433 sqkm.
There has been a direct correlation between the drop in oil price and applicants registering to buy residential property, according to Christie’s real estate arm.
Police sources in Iraq said the victims were civilians who died in an explosion from a truck trailer.
Around 41 per cent of social media users in the Arab world preferred to communicate via WhatsApp, a report says.
Speaking in Washington, he said discussions with US authorities had been “very constructive”.
The administration asked U.S. airline representatives about 20 questions in writing last week about their method in determining the subsidy allegations.
The contracts that cover 2015 will see Kuwaiti jet fuel flow through the BP system to Dubai and several European Airports, KPC said.
Three U.S. airlines have accused their GCC competitors of receiving more than $40 billion in government subsidies, a charge which the latter deny.
The new service, called Careem Morocco, will begin services on March 26 in Rabat and Casablanca.
The two parties differed over the percentage of completed units that Arabtec should deliver to Egypt in lieu of payment for land used in the project.
The EU has picked Fernando Gentilini, an official who has worked for NATO in Afghanistan, as the new envoy.
OPEC issued a set of production figures as reported to its Vienna Secretariat by member-countries this week, without any countries missing from the total for the first time in months.
Boeing’s Middle East president Jeff Johnson said that the US stands for free trade.
The Saudis have in the past said a political transition in Syria cannot begin unless President Bashar al-Assad leaves power.
The lender plans to target affluent and high net worth individuals in Egypt.
In its monthly report, OPEC left its forecast for 2015 world oil demand growth unchanged.
Kuwait, Saudi Arabia and the United Arab Emirates each offered $4 billion to Egypt.
The flagship phone, featuring a 20MP main camera, will be priced at Dhs2,749.