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 American chain already has 34 outlets in Saudi Arabia, Kuwait, Qatar, Egypt, Jordan and the UAE.
An Iraqi spokesman said that the frontier was “fully in the grip” of Iraqi border troops.
The facility will pay an interest rate of 120 basis points above the London interbank offered rate (Libor).
The contract incudes the construction of a 400 kilovolt (kv) power transmission line in the northern state of Uttarakhand.
The number of students in the GCC region is expected to grow at a 3% annually between 2013 and 2020 to reach 13.7 million, a new study says.
England’s national squads will fly with the UAE carrier and the airline will benefit from a range of commercial rights
Support for violent tactics such as suicide bombing has fallen in many countries but significant minorities still approve of them, a survey showed.
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.
New InterContinental Abu Dhabi Grand Marina will feature a Michelin-star signature restaurant with rooftop bar and second Holiday Inn capitalises on demand for mid-scale hotels