The 25-year-old Emirati man had disseminated misleading information at home and overseas about a court case involving the secret organisation, WAM said.
The Interior Ministry said the explosion in the small Shi’ite village of Deraz, west of the capital Manama, was a “terror blast”, but provided no further details.
Saudi has kept the market guessing about its response to crude’s fall amid rapidly rising U.S. shale output.
Mohamed al-Makkawi, Al-Futtaim’s Egypt CEO, said the investments would be directed towards new projects in Cairo Festival City development.
The Middle East market, specifically Saudi Arabia, holds strong potential for growth for the French tyre company, says COO.
Abu Dhabi-based firms The National Investor and Manazel Real Estate became the first companies to begin trading on the platform.
The fast food chain plans to open about 14 branches within Egypt following the launch of its first store.
The bank has arranged syndications for Turkish borrowers worth more than $4.5 billion since 2010, including more than $2.1 billion in the past 18 months.
The ‘See you in Dubai’ campaign will focus on attracting tourists from markets in Europe, Asia, Africa, Latin America and the Middle East.
Oil prices have fallen 30 per cent since June to below $80 per barrel.
Jumbo.ae has been developed in collaboration with Build-a-Bazaar, a subsidiary of Indian e-commerce firm Infibeam.
Key will be what OPEC’s biggest producer, Saudi Arabia, decides, with some analysts expecting no price supporting action from the Kingdom.
Bourses in the UAE and Qatar began recouping early-session losses as stocks whose weightings in MSCI’s emerging markets index are set to increase topped trading volumes.
The capital increase will require the approval of the bourse regulator and an extraordinary shareholder meeting, a bourse statement said.
The company plans to use the proceeds to refinance an existing $380 million loan package at a lower interest rate and to provide cash for potential expansion.
A senior official said that the fund will be looking to invest in clean energy since it is an area of interest to both the UAE and China.
Luxury managers often see digital media as a threat, but digital channels offer powerful connections with customers, say David Dubois, INSEAD assistant professor of marketing and Debbie Teo, INSEAD MBA ‘12.
A ministry spokesperson said that the leader of the al-Ahsa attack had received orders from abroad, detailing the target and the location of the attack.
Saudi’s oil minister brushed off questions about tumbling oil prices and surplus supplies.
EMG listed 15.4 per cent on the Dubai Financial Market, raising $1.58 billion from the sale, which was well covered by investor bids.
Abu Dhabi-based Khalifa Fund for Enterprise Development said it signed the loan agreement with the Egyptian government in Cairo.
The company plans to invest in a new refinery and a clean fuels project, its chief executive said.
WAM also cited Mazroui as saying that lower oil prices “will not constitute a disaster for the UAE”, noting that the UAE has managed to diversify its economy away from oil.
Located at The World Islands, the store will be at a depth of four meters underwater.
The Fadhili gas plant is due to be in operation by the third quarter of 2018.
The new flag-down rate will increase from Dhs3 to Dhs5 during the peak hour timings of 7-10 am and 4-8 pm.
The recently-opened Al Etihad Credit Bureau aims to serve as a safeguard against a repeat of the credit bubble.
Upto 35 per cent of overall infrastructure work on the Dubai Parks and Resorts complex is completed, confirm officials.
The service, which is scheduled to begin on December 1, will boost cargo and passenger capacity by a third on the route.
A two per cent tax on the remittances sent by foreign workers in Oman is estimated to generate about OMR62 million.