Housing allowance currently stands at around 25 per cent of basic pay across most GCC countries.
The company, a franchise operator of restaurants including KFC and Pizza Hut, made $64.4 million in the first three months of 2014.
The company’s gross profit rose almost 18 per cent to reach Dhs237.1 million in first quarter of 2014.
The emirate is organising a roadshow across Beijing, Shanghai, Chengdu, Guangzhou and Hong Kong.
More than a quarter of the 480 diagnosed with MERS in Saudi Arabia have died.
Egypt’s government said last week that gifted fuel from Gulf nations, including Saudi Arabia, totalled $6 billion.
The launch of the two funds will follow MSCI’s upgrade of Qatar to emerging market status later this month.
The 372-room hotel at Ibn Battuta Mall is scheduled to open in 2016.
Shuaa made a profit of Dhs8.2 million ($2.23 million) in the three months to March 31, according to a bourse statement.
The agreement is expected to allow for greater collaboration ahead of the GCC Rail project.
Located 65km off the UAE coastline the island will be home to hotel apartments, villas, and a luxury five-star hotel
The second phase of the project is scheduled to be completed by 2016, RTA chairman Mattar Al Tayer said.
Ahmed al-Musalmi, who has served as deputy chief executive officer for the bank since 2011, succeeds Salaam al-Shaksy.
The expansion will see an addition of 4,300 hotels rooms over the next three years, state news agency WAM reported.
The project includes the expansion of a QP-owned gas processing plant at Mesaieed to help collect about 900 million cubic feet of sour gas per day.
The rate of infection in Saudi Arabia has surged in recent weeks after big outbreaks associated with hospitals in Jeddah and Riyadh.
The fund had revenue of Dhs91.2 billion ($24.8 billion) for the six months ending June 30, 2013, compared with Dhs77.3 billion in the same period in 2012.
Abbas Yazdi, a businessman who owns a general trading company in Dubai, disappeared last June.
Serco will provide postgraduate-level military education courses for Qatar’s officers in the navy, army and air force, in partnership with Britain’s Ministry of Defence and King’s College London.
The plan is to use bond market financing to take out a bridge loan signed in connection with the acquisition.
Qatar spent roughly 6.5 per cent of GDP on capital injections and other measures to maintain stability in its banking sector following the 2008 global credit crunch.
The new FOL would be 40 per cent and aims to improve the liquidity available to foreign investors.
The company plans to add budget hotels to meet growing demand
Agility made a profit of 11.24 million dinars ($40.04 million) in the first three months of 2014.
SEBI was examining whether the share sale agreement between the two airlines amounted to an acquisition of joint control in the Indian airline.
Saudi Arabia supplied 9.650 million bpd in April to the market, up from 9.533 million bpd in March, an industry source said.
Al Etihad Credit Bureau has so far collected 22 to 24 months of data from around 70 credit data providers.
Up to 25 per cent of the carrier’s fleet will be grounded during the 80-day runway closure.
All camel shipments from the GCC will be quarantined for 24 to 28 hours until the laboratory tests are conducted, the ministry said.
Most of the several million haj pilgrims coming from abroad each year now arrive at a special terminal in Jeddah’s international airport.