A legal team has been assigned to build a framework by May this year for the eventual introduction of VAT in the region.
The new zone will feature theme park attractions inspired by Lionsgate’s blockbuster motion picture franchises The Hunger Games franchise and Step Up.
Iran’s deputy foreign minister Hossein Amir Abdollahian said that Tehran has a proposal to end the conflict in Yemen.
A Saudi-led coalition has bombed Iran-allied Houthi fighters and army units fighting against President Abd-Rabbu Mansour Hadi.
The bond will be issued through a special purpose vehicle, NBK Tier I Financing Ltd, and be guaranteed by NBK.
Saudi Arabia, along with a coalition of Gulf states, is conducting airstrikes against Houthi rebels in Yemen.
The United Nations has appealed for $8.4 billion for Syria this year to help deal with the ballooning humanitarian crisis.
The plant, located in Jubail Industrial City, will manufacture up to 63,000 tonnes per year of polybutylene terephthalate (PBT) resin.
The fund provides working capital to small businesses focusing on agricultural commodities, energy and metals, a segment often neglected by Islamic lenders.
The strike are aimed at stopping the Houthis from taking more territory and pressing them to negotiate a power-sharing deal with President Abd-Rabbu Mansour Hadi.
Raja Ghanma has been promoted from chief operating officer to CEO of Arabtec Construction, Arabtec Holding said in a bourse filing.
Foreign direct investment (FDI) to the UAE, which although grew 25 per cent in 2014, did not reach the estimated amount of $14.4 billion.
The company’s profit fell to Dhs100.7 million ($27.42 million) in 2014 from Dhs166.5 million a year earlier.
Prince Saud K. Al Faisal said that under a new programme, the government would propose investments linked to such state spending plans.
Ziad El Chaar said the momentum in the property market was being driven by foreign buyers, both those living in Dubai and abroad.
Lower temperatures during winter will help do away with the need for cooling systems, a top official said.
Yemen’s state news agency Saba, which is under the control of the Houthis, said the camp at Haradh was hit by Saudi planes.
The conditions for the talks would include returning weapons to state authorities and not threatening the security of Yemen’s neighbours.
The cash will be used to finance a number of projects that Shandong is currently working on.
Spanish capital is now served by all three major Gulf airlines
The app allows users to make low-cost calls when roaming aboard through an internet or GSM connection.
The loan will replace an existing $4 billion facility due to mature later this year.
Saif Humaid Al Falasi will replace Saeed Al Khoory, who has served as ENOC’s CEO since 2007.
Pakistan, an ally of Saudi Arabia, has yet to commit itself publicly to military support to Riyadh’s campaign in Yemen.
Passenger numbers climbed to 5.97 million in February from 5.68 million a year earlier.
Abu Dhabi’s largest private healthcare provider, listed in London, reported a net profit of $84 million for 2014.
Sultan bin Saeed al-Mansouri did not specify in which sectors the government would permit full foreign ownership of companies.
The plant will make 200,000 tonnes per year of polyethylene and EVA, two forms of plastics.
Police are conducting an investigation into the shooting, which came from a car.
Nobel Learning, which operates 176 schools across 18 states, was acquired from Leeds Equity Partners for an undisclosed sum.