Tag: Nakheel

Nakheel PJSC plans to pay creditors and contractors $8.2 billion in June, according Al Ittihad newspaper.

As part of its $9 billion recapitalization plan, Nakheel - part of Dubai World conglomerate, offered a ray of hope for investors in its...

The executive board of Nakheel was completely reshuffled today, reported Reuters. The Dubai government said in a statement the new board would help prioritize...

Nakheel trade creditors will be offered a large-scale Islamic bond as part of a debt restructuring plan issued by parent firm Dubai World last...

Since the November standstill announcement, little information was released from either Dubai World or the government to reassure investors. Discussions with creditors have been...

Abu Dhabi has given Dubai $10bn, some of which will enable Nakheel, the property arm of troubled Dubai World, to pay a $4.1bn Islamic...

Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Supreme Fiscal Committee (SFC) reassured investors, financial and trade creditors, employees, and citizens all...

Statement from Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Fiscal Committee The Government of Dubai, acting through the Supreme Fiscal Committee...

UAE moves to counter Dubai fallout but markets wary Central Bank of the UAE backs UAE Banks, branches of foreign banks operating in the country Global...

Nakheel  is offering customers discounts of between 10 per cent and 30 per cent on some of its projects to encourage them to pay...

The World is a man-made archipelago of 300 islands constructed in the shape of a world map and located four kilometres off the coast...

Nakheel has announced it is to build more than 1,000 homes in the Manarah District in Badrah as part of the Waterfront development in...

In recent weeks, delays have beset several massive projects, according to several architects and articles in The National. Dubai Waterfront is moving much...

Three major construction players are vying for pre-construction contract for Nakheel's 1km-plus tower Al Habtoor Leighton Murray & Roberts, Al Naboodah Laing O’Rourke and Samsung...

Dubai's master developer, Nakheel, announced that it was scaling back work on some of its projects and that it has adjusted it staffing requirements...

Dubai's master developer, Nakheel, has revealed that Deira Island Front at the base of Palm Deira will have three 12-lane bridges that will connect...

Dubai-based master developer Nakheel has announced plans to build Nakheel Harbour '&' Tower, a new community which will boast a tower more than a...

Nakheel, a Dubai World company and one of the world's largest and most innovative real estate developers, announced that its 2008 sales are already...