Current CEO of Tasnee, Saleh bin Fahad al-Nazha, resigned for personal reasons, the company said.
PostNet provides courier, printing and copying services, plus stationery and mailboxes, and has 287 stores in South Africa.
The handover of Airbus’ first mainly carbon-composite jet was originally scheduled for December 13.
The low-cost carrier is launching new routes to Zagreb, Sarajevo and Sofia.
ORPIC had said on Dec. 5 that it had put out a fire at one of the naphtha treatment units at the refinery in Muscat.
Under the grant, Jeddah-based IDB will setup treatment centres in Sierra Leone, Guinea and Liberia and Mali.
ahrain became the first Middle East country to host a grand prix in 2004 and Abu Dhabi followed in 2009.
So far, only a 42-page statement on the report has been published by FIFA ethics judge Hans-Joachim Eckert.
Songbird Estates is the owner of London’s Canary Wharf financial district.
It is particularly looking to expand into North Asia and mainland China and also wants to increase its presence in India.
The IEA slashed its outlook for global oil demand growth for 2015 by 230,000 barrels per day to 900,000 bpd.
The Danish man was injured after he was shot in Riyadh last month.
Although opportunities are abound, many entrepreneurs underestimate the challenges of starting up online.
Widely seen as a failed state, Yemen remains one of the gravest threats to stability in the Gulf and beyond.
The five-star hotel is currently owned 50 per cent by Saudi billionaire Prince Alwaleed Bin Talal’s Kingdom Holding.
Remuneration trends in fields such as finance and accounting, financial services, information technology, legal, HR and administration has risen marginally, says new report.
Al Yah Satellite Communications Company (Yahsat) will raise around $500 million through a mixture of debt and equity, a source said.
Wasl Asset Management plans to open four three-star hotels in the emirate next year.
The Dubai index sank 7.4 per cent to 3,595 points and hitting its lowest level since January.
Airbus’ finance director aired the possibility of cancelling the world’s largest airliner project due to poor sales.
The state-owned firm said that it will take a 30 per cent working interest in the new exploration blocks in the event of a commercial discovery.
The two airlines will share services on 49 routes, more than double the previous number, state-owned SAA said in a statement today.
About 60 per cent of online consumers in the UAE have made purchases from overseas stores in the last 12 months, a new survey says.
The electric-powered hop-in-hop-off system, slated to begin operations in early 2015, will run for seven kilometers.
Equity markets worldwide tumbled after the 12-member OPEC yesterday cut its forecast for demand next year to the lowest level in 12 years.
Several industries such as manufacturing and aviation will benefit from lower oil prices, he said.
Investment, risk, opportunity, diversification and sustainability are the key tenants of any SME business strategy, according to Sailesh Nathan, regional director SME Chamber of India.
The January OSP, down $1.85 a barrel from the previous month, is Kuwait’s lowest since December 2008, Reuters data showed.
The current stance of Saudi is seen as a shift from its longstanding policy to act as a swing supplier, analysts say.
OPEC forecast demand for the group’s oil will drop to 28.92 million barrels per day (bpd) in 2015, down 280,000 bpd from its previous expectation.