Saudi Arabia’s main index was nearly flat while Egypt’s bourse rose 1.2 per cent.
Hadi said the group had a right to serve in posts in all state institutions, and a draft constitution that has been a source of disagreement was open to amendment.
Badri said, if OPEC had reduced its supply, non-member countries would have increased production, forcing OPEC to implement further cuts.
Although the GCC described the Houthis’ actions as terrorism, they stopped short of promising any measure to counter the group in Sanaa.
The closure of the facility in Ras Al Khair belonging to Ma’aden Phosphate Company will have no significant financial impact.
Economies such as Qatar, Iraq, Libya and Saudi Arabia will be hit hardest by the more than 50 per cent decline in petroleum prices, the IMF said.
Mobily made a net loss of SAR2.28 billion ($607.1 million) in the last quarter of 2014.
The minister said that OPEC’s policy might temporarily force high-cost producers out of the market but they would eventually come back.
The company has yet to make a quarterly profit since launching services in 2008.
The company attributed the fall to losses in financial investments, higher operating expenses and finance charges.
Ali al-Omair also said the Kuwait’s budget for the next fiscal year was expected to be based on an average oil price of $40 to $45.
Abengoa will jointly develop the project with AWT, the commercial arm of King Abdulaziz City of Science & Technology.
Al Mansouri was previously director general of the UAE mGovernment and the deputy director general of the TRA.
Emaar Properties owns 84.6 per cent of EMG, having floated 15.4 per cent of its subsidiary last September.
GDP, adjusted for inflation, grew two per cent from Q4 2013, down from 2.4 per cent in the third quarter.
Houthi leader Abdel-Malek al-Houthi warned President Abd-Rabbu Mansour Hadi that he had to implement a power-sharing deal.
Business confidence was notably down in oil producing countries across the world due to falling crude prices, the survey said.
Renewable energy targets have been revised to 2.3 per cent by 2017 and 15 per cent by 2030.
Although the developer recorded a slowdown in sales during the second half of 2014, prices have stayed the same, says chairman.
The firm is seeking a three-month extension to a debt repayment due at the end of 2014.
Lower oil prices are not affecting Oman’s upstream strategy, and there is no change in its 2015 energy plans, the minister said.
The company made a net profit of Dhs3.68 billion ($1 billion) in 2014, up from Dhs2.57 billion in 2013, its chairman said.
The new loan also has more favourable pricing and conditions than the existing deal.
Oil minister Ali al-Omair said that Kuwait would nevertheless continue developing its production and refining capacity.
Reef Towers will comprise of 378 units and seven retail units, the developer said.
The bank said that it would seek shareholder approval to issue Tier 1 capital instruments worth $549 million.
AQAP claimed responsibility for the attack on Charlie Hebdo satirical newspaper in Paris this month that killed 17 people.
The bank declared a cash dividend of QAR4 per share for 2014.
Kingdom made a net profit of SAR266 million ($70.84 million) in the last quarter of 2014.
Analysts said they expected low prices to continue for the next half-year.