The UAE suspended flights as part of the US-led coalition conducting air strikes against ISIL because of concerns about search and rescue capabilities.
Brent crude jumped 2.2 per cent to $57.80 per barrel on Friday, posting its largest two-week gain in 17 years.
Yemen has been in political limbo since the president and prime minister resigned last month after the Houthis seized the presidential palace.
Brent crude prices reached a near six-year low of around $45 in January.
The UAE’s decision to withdraw its planes raised fears that regional support for the coalition air campaign might be slipping.
Figures from Airbus show that 47 per cent of its aircraft deals in the ME in the first 11 months of 2014 were funded by local banks.
The average price of petrol around the world ranged around $1.04 per liter, according to GlobalPetrolPrices.com
Assailants on a motorcycle threw flammable materials and then opened fire at the restaurant, state news agency MENA said.
The region saw an 11.3 per cent growth in air freight traffic during the month of December, IATA said.
Jordan hanged two Iraqi jihadists, one a woman, on Wednesday and vowed to intensify military action against ISIL.
Greste was released on Sunday after 400 days in a Cairo jail and had been in Cyprus since.
Saudi Arabia, Kuwait and the UAE gave Egypt more than $12 billion in aid after former President Mohamed Mursi was toppled in 2013.
Kingdom’s stake decreased from approximately 6.6 per cent ownership to roughly one per cent ownership.
Patrick Pouyanne said that despite the fall in oil prices, the company would maintain investments in its big projects.
ISIL fighters released a video on Tuesday showing Jordanian pilot Muath al-Kasaesbeh being burnt alive in a cage.
A Jordanian official said the authorities would swiftly execute several militants in retaliation.
Fahmy’s colleague, Peter Greste, an Australian citizen, was released on Sunday.
The OPPO R5, priced at Dhs1,899, measures 4.85mm and comes with a 13MP camera.
The Indian jewellery retailer currently operates nine outlets in the UAE and three in Kuwait.
Australian Peter Greste was released on Sunday after 400 days in a Cairo jail while his colleagues still remain in jail.
Some OPEC members say that prices are likely to remain high in the first half of this year.
Al Khaleej’s supply to Iraq was affected last summer as conflict in the country escalated with IS overrunning Mosul.
The men were convicted of playing a role in the killings of 16 policemen in the town of Kardasa in August 2013.
Gulf Marketing Group, the parent firm of Sun & Sand Sports, said that it will create up to 1,000 jobs across its brands in 2015.
The deal covers the Overseas Private Investment Corporation for its own insurance policy on the exploration projects of Houston-based Apache Corporation.
A security official said another journalist Mohammed Fahmy was expected to be released from Cairo’s Tora prison within days.
The fall in oil prices and the decision of OPEC to not cut output in 2015 will spur M&As in the oil & gas sector this year.
In a show of defiance, prime minister Abe vowed to increase Japan’s food, medicine and other humanitarian aid for the Middle East.
The Jordanian prince also said that he wants to “make FIFA a model of good ethics”.
Production at the country’s biggest steel works has been cut and the port of Misrata has been forced to restrict operations.