The company earned SAR4.36 billion ($1.16 billion) in the last quarter, a statement said.
RAK Ceramics said it aimed to close the deal by March 25 and that the sale of shares would be at a premium to book value.
The Emirates will fund solar-powered projects in the Marshall Islands, Nauru, Palau, and the Solomon Islands through its $50m renewable energy fund.
Saudi Arabia is footing the budget of the King Abdullah bin Abdulaziz International Centre for Interreligious and Intercultural Dialogue in Austria.
The U.S. military has said it is planning to send more than 400 troops to train Syrian moderates outside the country.
Badawi was flogged 50 times last week but a second round of lashings was postponed for what a source told Reuters were medical reasons.
For the whole of 2015, the IEA raised its estimate of the demand for OPEC crude by 300,000 bpd to 29.2 million bpd.
The discontent among Bahrain’s Shi’ite masses has worsened since the arrest of Sheikh Ali Salman, a Shi’ite Muslim cleric.
The global aviation sector’s growth trajectory remains intact despite headwinds.
The proposed expansion would boost the capacity of the Sitra refinery by 100,000 barrels per day, BAPCO’s CEO said.
There were no casualties and limited damage was caused, state news agency KUNA said.
Industry sources in Qatar said that the country was still studying the possibility of investing in Venezuela’s energy, real estate and tourism sectors.
OPEC forecast demand for the group’s oil will drop to 28.78 million barrels per day (bpd) in 2015.
The project has a net power capacity of 200 MW and is the largest utility scale solar plant in the world to be tendered in a single phase
Bank Muscat made a profit of OMR36.5 million ($94.8 million) in the last quarter of 2014.
The firm made a net profit of OMR1.7 million ($4.4 million) in the last quarter of 2014.
The company did not specify where the shipment was headed to.
The carrier will sell aircraft from Sahaab Aircraft Leasing to a joint venture between South Africa’s Investec Bank and Hong Kong-based Chow Tai Fook Enterprises.
Qatar was the most expensive construction market in the Middle East region in 2014, according to a study by EC Harris.
The revised bid values Arab Dairy at 363 million Egyptian pounds ($50.5 million) against $49.68 million for the latest Pioneer offer.
A consortium of Saudi Arabia’s ACWA Power and Spain’s TSK had been selected as the preferred bidder to build the 200MW solar power plant.
Solar projects having capacity to produce up to 1,800 megawatts of power are to be awarded over the next 12 months in the region.
Emaar sold a 15.4 per cent stake in its retailing unit in an initial public offer in September, raising $1.6 billion.
The decrease was the sixth straight drop in quarterly profit posted by the bank.
The developer will launch for lease 1.5 million sqft of shopping, dining and entertainment space at the mall from January 18.
Wednesday’s 4.5 per cent surge in Brent crude futures was the biggest percentage gain since June 2012.
The first of the Doha carrier’s 80 A350s has entered service to Frankfurt
Americana, backed by Kuwait’s billionaire al-Kharafi family, operates franchises for restaurant chains around the region.
Charlie Hebdo’s “survivor’s edition” swiftly sold out its multi-million copy print run in France.
Net profit for the full year was down 30.6 per cent year-on-year to OMR40.5 million.