The company said rising costs had crimped its half-year profit due to a rising wage bill associated with localisation efforts.
The eight million sq ft mall will be connected to a theme park, theatres, medical tourism facilities and 100 hotels and serviced apartments.
Construction is scheduled to begin in Q4 2014, and the centre is slated to open in March 2016.
The french utility company signed a 25-year power and water purchase agreement with the Abu Dhabi Water and Electricity Company.
The explosion occurred near the village of East Eker, south of the capital Manama.
The government accused demonstrators of setting fire to tyres and garbage containers and destroying a restaurant last week.
The payment came from the proceeds of asset sales completed by the firm and follows an initial sum of $284.5 million returned in March to creditors.
The facility will pay an interest rate of 120 basis points above the London interbank offered rate (Libor).
England’s national squads will fly with the UAE carrier and the airline will benefit from a range of commercial rights
Al Arabiya said that it had obtained a video showing Iraqi soldiers in Karabala after they quit their positions on the border.
U.S President Barack Obama and Saudi Arabia’s King Abdullah agreed to consult closely on regional developments, the White House said.
The seasonally adjusted SABB HSBC Saudi Arabia Purchasing Managers Index increased to 59.2 points last month from 57.0 points in May.
The company said that it cancelled the IPO due to challenging public market conditions.
Arabtec chairman assured investors on Wednesday that Aabar still considered it a long-term investment and might even raise its stake in future.
The talks with QIB faltered after the banks failed to agree a price, the sources said.
The Gulf state is planning to implement a new visa policy in 2015, under which nationals from 64 countries can receive one-month visas on arrival.
Engineering consultancies Green Energy and Energoprojekts will carry out design review and infrastructure site supervision services for the 132/11kv substations, the developer said.
The Securities and Commodities Authority clarified that it could not have suspended trading in Arabtec shares during their recent plunge.
The new facility will further expand the company’s presence in the UAE.
The 132/11kV substation is one of the projects that DEWA has launched to build the emirate’s power capacity.
Aabar’s chairman says investors misunderstood the significance of the small reduction of its stake in Arabtec.
Prime rents in the city rose six per cent in Q1, and are up 16.4 per cent year-on -year, the report found.
Dubai’s main index posted its biggest daily rise since last September, while Arabtec surged its 15 per cent daily limit.
Net foreign investment in-flow reached Dhs2.1 billion last month despite market volatility, DFM said.
The sharia-compliant mortgage lender proposed in June to make an initial down-payment of 20 per cent while the remaining debt will be paid over 12 years.
The purchase will increase AOC’s ownership of S-Oil to 63.4 per cent from 34.99 per cent, AOC said in a statement.
The new service is estimated to add around $200 million annually to the US destination’s economy.
Political unrest in Egypt is not affecting work on the mall, confirms George Kostas, CEO of UAE-based retailer Majid Al Futtaim Properties.
Dubai’s main index is up 3.1 per cent while Arabtec jumps 8.7 per cent ahead of a briefing scheduled for after the close on Wednesday.
The second-largest lender in Qatar bought a 74.25 per cent stake in the Turkish bank last year.