Zain and its rival Asiacell had baulked at government demands to pay $307 million for 3G spectrum for seven to eight years remaining on their $1.25 billion mobile licences awarded in 2007.
An improvement in ties between Riyadh and Baghdad could help strengthen a regional alliance against Islamic State militants.
Abdullah al-Badri said both producers and consumers would be happy with oil prices in a broad range around $100 per barrel.
Both operators’ premium travellers will now be able to enjoy mutual benefits, earning points and rewards.
The agreement allows UAE easy access to Asian markets while giving Japan priority access to reserves if Japan is in short supply of crude.
Songbird rejected an initial approach on Friday, saying the 295-pence a share offer significantly undervalued the company.
Dubai’s diversification into sectors such as trade, tourism, real estate will ensure that it enjoys favourable economic conditions.
Expo 2015 Milan is themed around the issue of tackling global food and hunger challenges.
The discussions are taking place just two weeks before a self-imposed November 24 deadline for reaching a comprehensive deal.
Shares in Dubai’s Emaar Properties and Dubai Islamic Bank, whose weightings also increased, rose 2.5 and 1.6 per cent respectively.
Of about 74 billion Egyptian pounds of aid received in the 2013-14 fiscal year, 53 billion pounds was in the form of petroleum products, with the remaining 21 billion pounds coming as cash grants.
Abdullah al-Badri said it was up to OPEC member countries to decide how to respond to the oil price drop.
Aramco cut December crude prices to US refiners to maintain its market share, writes Reuters market analyst John Kemp.
The menace of ISIL has presented Iran with an opportunity to liberate its economy from sanctions by emerging as a responsible regional power that Washington and Riyadh can work with. Can it seize the opportunity?
Sheikh Ahmad Al-Fahad Al-Sabah, the president of the Olympic Council of Asia, said the World Cup could be a catalyst for positive change in the Middle East.
Currently, Qatari investors are exempt from taxes on profits made when they sell properties purchased in France.
Third A380 service provides more choice for passengers connecting later in Dubai, and flying onwards in America
The new company is expected to be named Orascom Construction.
Gulf countries have stepped in to help Egypt since the ouster of Islamist President Mohamed Mursi last year.
The deal is Abraaj’s fourth investment into Southeast Asia’s food and beverage industry.
There were a total of three IPOs in the MENA region during the third quarter with the Emaar Malls Group (EMG) listing being the largest in 2014, the report said.
The statement from the bank was issued following a Bloomberg News report about RBS hiring PricewaterhouseCoopers to sell its Middle Eastern corporate loan book.
A strong dollar, on a seven-year high against the Japanese yen, kept investors away from safe-haven assets.
Regional airlines recorded a passenger demand growth of 15.8 per cent in September 2014, compared to a year ago, said IATA.
He said the first would be a multibillion-dollar project related to the power sector in partnership with a Middle Eastern group.
The African nation hopes to get shipments as early as next year to use in generating power.
Kuwait has said it would ship around two million barrels of crude oil a month to Egypt, giving it priority as a buyer ahead of sales from storage into the Mediterranean market.
The social networking website is tapping in on its recently introduced video features to attract more advertising revenues.
The levelling-off in the market is however prompting investors to explore other asset classes, said the JLL survey.
China has appointed clearing banks for Taiwan, Singapore, London, Frankfurt, Paris, Luxembourg and Seoul in the past two years.