UBS Wealth Management says the short-term outlook for oil remains bleak, but gains are expected in the second half of 2015.
The deal is Investcorp’s second acquisition in Spain after its purchase of ceramics products maker Grupo Esmalglass-Itaca in 2012
Marib has most of Yemen’s oil and gas fields and has long been a battleground between various factions.
The company is looking to expand its presence in Saudi Arabia and the UAE.
Bullets hit a Flydubai plane on Monday evening as it was landing in the Iraqi capital.
ADNOC awarded Total a 10 per cent stake in the main land-based concession for 40 years starting Jan. 1, 2015.
Saudi Arabia and Qatar were the biggest contributors, committing $25 million and $10 million respectively to Gavi Alliance.
The deal is the first completed by L Capital Asia in the Middle East, a statement said.
The group is planning to open 40 new medical centres as part of its expansion in the region, a senior company official said.
Emirates’ superjumbo network in European grows to 13 points
The company sold 74.5 million iPhones in its fiscal first quarter ended Dec. 27.
Gunshots were fired at the flydubai flight when it was landing at Baghdad airport on Monday evening.
Two armed gunmen stormed into the five-star Corinthia Hotel and fired at guests before blowing themselves up with a grenade.
Obama cut short a trip to India to fly to Riyadh, and was joined on the four-hour visit by a big delegation.
The cuts are in addition to the 1,000 jobs Sony said it would eliminate in its mobile unit in October, Japan’s Nikkei reported.
The Abu Dhabi airline is offering passengers travelling on January 27 and 28 the option to postpone their tickets.
Emirates Airlines, flydubai, Air Arabia and Etihad Airways suspended flights on Tuesday, in line with a directive from the UAE’ civil aviation authority.
US President Barack Obama will fly a 30-member delegation to Riyadh on Tuesday.
Emaar Misr has a portfolio of investments in Egypt worth around 53 billion pounds.
Oil prices have lost nearly 60 per cent in value since last peaking in June 2014.
Unnamed claimants filed a lawsuit against Zain over its 2007 acquisition of an Iraqi telecom operator.
OPEC Secretary-General Abdullah al-Badri said oil prices may have reached a floor.
Three Abu Dhabi firms have listed in London since 2013: Al Noor Hospitals, Gulf Marine Services and NMC Health.
King Salman has retained veteran Saudi oil minister Ali al-Naimi, in a message aimed at calming a jittery energy market.
In a statement, MAS said the website was not hacked, but that users were redirected to a hacker website.
President Abd-Rabbu Mansour Hadi resigned on Thursday after Houthi fighters crushed his presidential guards and deployed outside his home.
Protesters marked the anniversary of the 2011 uprising that toppled Hosni Mubarak.
Global financial markets reacted to the Greek election on Monday with the euro dropping to near an 11-year low against the dollar.
Qaradawi’s outspoken support for the Islamist movement has previously contributed to a diplomatic rift between Qatar and its Gulf Arab allies and Egypt.