Oil prices have dropped by more than half since last June as output around the world has soared while demand growth has slowed.
The UAE, Oman and Saudi Arabia also ranked favourably in the Agility Index for their infrastructure and transport links.
TDIC’s deputy finance head Matt Matharu is currently serving as acting CFO, a spokesman said.
The budget carrier will fly to Urumqi thrice a week on Tuesdays, Fridays and Sundays, from February 1 this year.
The orders follow an attack on the Saudi border earlier this year leaving two guards and a senior military commander dead.
The loan will be used for capital expenditure and general business purposes, Al Hamra said in a statement.
Dubai’s index added 1.2 per cent, with Dubai Islamic Bank’s (DIB) 2.8 per cent gain the main support.
Abu Dhabi General Services Co awarded the contracts to the company for improvements to two sections of the highway from Mafraq on the outskirts of Abu Dhabi.
In Dubai on Sunday, the shares soared their 15 per cent daily limit to Dhs0.35 in their heaviest trading since mid-December.
Sipchem made a profit of 132.4 million riyals ($35.28 million) in the last quarter of 2014.
GQ Bar and Vogue Cafe owner Inspired Global plans to bring an additional Vogue Licensed outlet to the region this year, according to CEO, Seehal Shah.
The specified amount is slightly higher than the usual volumes that the company buys, a Singapore-based trader said.
Ali al-Marri, who was convicted in 2009 of providing material support to al Qaeda, was released from federal prison in Colorado in the last few days.
Access Infra Africa plans to invest over $500 million in renewable power assets in Africa over the next three years.
The company made net earnings of SAR428 million in the last quarter of 2014.
The two sides have been talking about the visit for about 18 months, and a date had been tentatively set for last October.
The airline ordered 44 Airbus A320s in 2007 and 29 of those hade been delivered by November 2014, according to Airbus data.
Net earnings in the three months to Dec. 31 were SAR434.4 million.
The newly launched firm is aiming to establish a real estate portfolio worth Dhs500 million by the end of this year, the company’s chairman said.
Net profit for 2014 gained 20 per cent year-on-year to QAR1.6 billion.
Falling oil prices will slash Kuwait’s public revenues by 60 per cent, the country’s finance minister told the parliament.
The company’s Dhs500 million hotel project on Palm Jumeirah is set to open in Q4 2016.
The bank’s profit was boosted by strong performance in operating income.
The bank said its 2014 balance sheet was strengthened by its reclassification of its exposure to Dubai World, as performing.
Tim Clark says airline industry will reap the benefits of lower oil prices in 2015.
The company is considering refinancing two loans that fall due in June and November, an official said.
Dubai’s bourse added 1.6 per cent as most stocks gained.
SABIC’s chief executive Mohamed al-Mady told reporters that the outlook for 2015 was unpredictable and contingent on oil prices.
Dubai’s residential sector is likely to remain subdued over the next 12 months with the market absorb 25,000 extra units in 2015.
The company made a profit of SAR45.6 million ($12.2 million) in the last quarter of 2014.