Oil fell nearly $2 a barrel in Asian trade on Monday and both U.S. crude and Brent have fallen for five straight months.
Houston will also join the airline’s superjumbo network this week
Both U.S. crude and Brent have fallen for five straight months.
One of the plants at the facility had been destroyed, while another had its structure partially damaged.
The Huangs were arrested in January 2013 after their 8-year-old daughter, Gloria, died unexpectedly.
Saudi Arabia’s bourse took the biggest hit, dropping 4.8 per cent to 8,625 points, its lowest close since early January.
Hassan Al Thawadi assured Asian Football Confederation members they too would also feel the positive affects of a first World Cup in the Middle East.
Almost five out of 10 Filipinos living in the UAE are prioritising property investment in the Philippines, a survey finds.
Sipchem’s proposed dividend is in line with what it paid in the corresponding period of 2013.
Small and medium businesses in the UAE rated direct risks such as competition and weak consumer demand as more serious than damages from fire and supply chain disruptions, a new survey has found.
The deal is a three year loan facility with each bank arranging $500 million of the loan, NBAD said in a statement.
The UK’s Sunday Times newspaper revealed fresh corruption allegations detailing how votes were reportedly bought and sold.
Raysut will try offset the impact of higher gas prices by making other cost reductions, improving efficiency and restructuring its own prices, according to a bourse filing.
Sovereign wealth funds in the region are investing more in emerging markets such as Africa and China as they shift away from Western markets.
The builder announced the proposed rights issue last Tuesday, saying it will use the money to expand its business.
Indian low-cost airline spots budget travel opportunities to Bengaluru and Kozikhode
The regulator denied reports that the country was studying the feasibility of continuing the peg between the dirham and the US dollar.
Brent crude prices have fallen about 10 per cent since regional equity markets last traded on Thursday.
In October, Vodafone Qatar announced it had reached a non-binding agreement to buy QNBN.
The government plans to introduce hikes to gas prices in 2015.
HSBC Oman, 51 per cent owned by London-listed HSBC, said talks were preliminary and may or may not lead to a sale.
A proposed resolution on a Palestinian state is unlikely to gain the support of veto-wielding council member the US, a key ally of Israel.
Bahrain said participation in the first round was 53 per cent.
The payment brings the amount Egypt has returned to Qatar to $6 billion, leaving $500 million outstanding.
Dubai Parks and Resorts, a unit of Meraas Holding, is selling 40 per cent of its shares.
The UAE, Saudi Arabia and Bahrain agreed at an emergency meeting on Nov. 16 to return their ambassadors to Qatar.
Nearly half of Pakistan’s electricity is generated by gas.
The move will result in a net reduction of Airbus Group’s stake from 46.3 per cent to 42.1 per cent.
Since 1997, the UAE dirham has been fixed at a rate of 3.6725 to $1.
Meetings will take place in London on Dec. 1 and Dubai on Dec. 8.