Increased competition in the UAE’s telecoms sector will help make services more affordable for new companies.
The total cost of the project, known as Rabigh Phase II, is now estimated at SAR30 billion.
Investor meetings will start in Singapore on Thursday, before moving to Kuala Lumpur on Friday, the United Arab Emirates on Sunday and London on Monday.
The deals, made through its U.S. based property arm, bring the fund’s total purchases of properties in the country in the last 12 months to over $850 million, it said in a statement.
The company had announced last November that it planned to list on the Dubai Financial Market during the first quarter of 2015.
As part of economic reforms, the government is working on changing the tax system to diversify sources of state income and increase its non-oil revenues, the state news agency said.
No details were given on the reasons for the resignation, but the government said the emir had expressed understanding for the causes behind his move.
The project will be built in the long-term, depending on market conditions, says Ali Rashid Lootah.
Authorities found 140 detonators, 41 electrical circuits, a remote control device and some cellular telephones hidden inside electrical appliances on the bus.
Brent crude oil fell to around $54 a barrel on Monday, its lowest for more than a month.
The lender plans to target affluent and high net worth individuals in Egypt.
The flagship phone, featuring a 20MP main camera, will be priced at Dhs2,749.
BBK has returned to the market in its first debt issue since 2010 to refinance an existing $500 million bond maturing in October.
The resort will have 136 rooms, residential villas, a polo academy, a polo club and a riding school.
The conglomerate plans to boost its existing manufacturing facilities and improve R&D in the kingdom.
The sharia-compliant institution is expected to raise funds before end-April, sources said.
The official did not specify which company will be listed.
Saudi Arabia sees Iran as its main regional rival and fears that an atomic deal would leave the door open to Tehran gaining a nuclear weapon.
The fully veiled suspect allegedly threatened employees of an Abu Dhabi money exchange with a fake plastic gun.
The company said in a Dubai bourse statement on Monday that it was not involved in developing the planned new capital to the east of Cairo.
It is the first known dialogue between the Shi’ite Muslim group and the neighbouring Sunni country since Houthis took over last year.
The group aims to operate a total of 20 clinics in the country within the next three years.
The firms are looking at developing renewable projects with a capacity of 2 GW in Egypt.
Sweden cancelled a defence cooperation accord with Saudi Arabia last week over rights concerns.
Saudi oil adviser Ibrahim al-Muhanna said he was optimistic about crude oil demand growth, and expected future supply to be “healthy”.
The developer has not breached its contract, states Ali Rashid Lootah, chairman of Nakheel.
The firm plans to reduce the number of shares by 40 per cent instead of cutting their nominal value.
Capital City Partners, a private real estate investment fund headed by Emaar Chairman Mohammed Alabbar, will build the new Egyptian city.
The new projects include development of four shopping malls and other facilities in greater Cairo, and the introduction of VOX cinemas over the next five years.
Inflation this year in Qatar is expected to be three per cent, the prime minister said.