The Middle East currently accounts for 12 per cent of the bank’s global operations.
Noor Bank said its sukuk programme had been arranged by itself as well as Citigroup and Standard Chartered.
Real estate investments in the GCC were much lower compared to the region’s massive outbound spend of $14 billion last year.
Iran proposed a ceasefire, humanitarian assistance, an intra-Yemeni dialogue, and a broad-based government to end the conflict.
The company’s board said it would ask shareholders to vote on the matter, just a day after Bahrain’s Gulf Finance House said it was considering leaving the Kuwaiti bourse.
Net profit was $319.5 million in the first quarter of 2015, a statement said.
The Finnish and French companies said they were in “advanced discussions” on a “full combination.”
SWFs cut their international investment last year because of the plunge of oil prices, a report by CBRE said.
Qatar National Bank and Qatar International Islamic Bank have signed an MoU for the venture.
The lender chose Goldman Sachs, HSBC and Morgan Stanley to arrange investor meetings for the bonds.
The port was shut on Monday because of poor visibility and strong winds.
Those finding abandoned plots of land in Dubai are required to report the property to the police within 48 hours.
Symantec also reported a slight increase in cyber criminals exploiting online IT vulnerabilities in the country.
Lukoil was the last company left active in the consortia of international oil firms Saudi Arabia invited in 2003-2004 to search for gas.
The firm made a net profit of 285.1 million riyals ($76 million) in the first quarter of 2015.
The country has faced the ire of its Gulf allies after refusing to lend military support to Saudi-led military campaign in Yemen.
The bank, an affiliate of HSBC Holdings, said it made SAR1.12 billion in the three months ending March 31.
The bank attributed its increase in net profit to higher total operating income.
State-controlled Petroleum Development Oman plans to invest over $40 billion in its projects by 2019.
Emiratis are the most likely to spend their bonus amounts while Indian expats are most likely to invest their bonus payments in a savings scheme, a new survey says.
The Saudi cabinet also affirmed that the Kingdom is not in competition with shale or other high-cost oil supplies.
The French oil company failed to make commercially attractive discoveries in the block.
The group is the franchise operator of clothing brand Mango and restaurant chains Papa Johns and Burger King in the Gulf.
Delano Dubai, 110-key deluxe hotel apartments, will be a part of a mixed-use resort development The8 in Pam Jumeirah.
Ras Tanura port is a major oil operations centre for Saudi Aramco.
The exchange is still in talks with a local bank about the contract.
A committee to oversee Islamic insurance is set to be established in the UAE by the end of this year to help standardise the sector.
The UAE’s foreign affairs minister had rebuked Pakistan for not participating in the Saudi-led coalition fighting Houthi rebels in Yemen.
The suspension comes as two Iranian teenagers were allegedly assaulted by Saudi security officers during their pilgrimage.
The company’s latest portfolio of projects includes residential properties in Riyadh and Dubai and a commercial tower in Riyadh.