Milaha’s core units – Maritime & Logistics, Gas & Petrochem and Offshore – posted a combined increase in profitability of 71 per cent year on year.
The firm is looking for equity interests related to coal, solar, gas, and other alternative sources of energy.
Saudi Arabia’s Oil Minister Ali al-Naimi reiterated that the Kingdom intends to remain the world’s number one oil supplier.
Earlier on Monday, shareholders approved a proposal to buy back a “limited number” of the company’s shares, according to a bourse filing.
There were no immediate reports on the extent of casualties.
Abdulaziz al-Ghurair, CEO of Dubai-based lender Mashreq, is calling for the introduction of wills and trusts that are compliant with Islamic principles.
The firm, a subsidiary of Qatar’s Ooredoo, made a net profit of KD2.2 million in Q1 2015.
The Bulgari Residences project expands upon the May 2014 announcement of Bulgari Resort Dubai.
Consulting firm Booze Allen Hamilton said regional oil and gas companies adopting big data could increase oil well production by up to eight per cent.
Ali-Reza Zeighami, manager of the South Pars oil layers project, said new wells were being drilled and would become operational in the second half of the next Iranian year.
Major four-star hotel to phase in room upgrades that reflect latest design trends.
A Saudi-led alliance began bombing Iranian-allied Houthi militia in Yemen last month.
The approval was granted at the firm’s annual shareholder meeting, according to a bourse filing.
Emirates NBD, First Gulf Bank, Gulf International Bank, HSBC, Noor Bank and Standard Chartered will provide the loan, three sources told Reuters.
The world’s top oil exporter is keen to maintain its market share, Prince Abdulaziz Bin Salman Bin Abdulaziz said.
Smartphones priced under $100 accounted for 20 per cent of the overall market last year, up from five per cent in 2013.
The transaction will increase the company’s total borrowing to $600 million.
Gross volumes totalled 15 million 20-foot equivalent units (TEU) in the opening three months of 2015.
New Delhi plans to use a 10 per cent reduction permissible under a 25-year contract with Qatar’s RasGas.
Dubai is ranked 16th spot on the index, with prime office rents remaining flat since H2 2014.
The new business will be developed as a joint venture with Bahrain-based brokerage Mubasher Financial Service.
Inpex was one of 11 firms that bid for stakes in the concession covering Abu Dhabi’s 15 principal onshore fields.
The plane belonged to the King Faisal Air Academy, a military flight school in Riyadh, the Saudi Press Agency said.
Developer Eagle Hills plans to spend $3 billion on building the mega mixed-used Belgrade Waterfront project.
The loan will be repaid in 14 installments spread across seven years.
The closures lasted between 20 and 26 days.
Indian nationals accounted for Dhs3.040 billion of the total.
The firm made a net profit of Dhs67.7 million ($18.4 million) in the three months to March 31.
The deal is eventually expected to lead to a joint venture between the two companies.
The country’s hydrocarbon sector also grew stronger than expected, up three per cent.