- Dubai World's Nakheel arm sees debt deal this year
The struggling developer responsible for Dubai's manmade islands says it hopes to complete its multibillion-dollar debt restructuring by ye...
- Dubai developer begins $1.08 bn payment to creditors
Dubai's master developer Nakheel has started paying its creditors the first tranche of cash following the signing of a number of restructur...
- Dubai stocks jump on $9.5 bn bail-out for Dubai World
Dubai's main stock market index jumped nearly 3.5 percent Thursday morning, following the government's announcement it would extend $9.5 bi...
- Dubai commits $9.5 billion to troubled Dubai World
The Dubai government said on Thursday it has committed $9.5 billion in aid to its troubled Dubai World conglomerate, which has been negotia...
- Dubai World gets state aid of $ 6bn
The Dubai government has pumped $6.2 bn (around Rs 28,970 crore) into Dubai World and is prepared to put even more money into the conglomer...
- German developer Kleindienst plans luxury villas and hotels on 6 artificial islands off Dubai despite crisis
A German property developer announced on Monday plans to build luxury villas and hotels on six artificial islands off Dubai despite the hug...
- Dubai World makes 'no specific proposals' to lenders
Dubai World, began talks with lenders over its request to restructure $22 bn in debt but made no specific proposals.
- Dubai World to meet lenders over debt restructuring: Report
Dubai's heavily-indebted group, Dubai World, holds talks on Monday with its creditors to reach an agreement over its request to restructure...
- Surviving Dubai's 25/11 financial crisis
Lenders to Dubai know they have no choice but to accept whatever UAE doles out. The Emirates are betting on the short memory that financial...
- Dubai World's part-revamp limits damage: Analysts
Dubai World's announcement that it needs to revamp only some parts of its worldwide business limits the scope of damage, analysts said on T...
- NBAD has USD 345 mn exposure to Dubai World Group
The National Bank of Abu Dhabi (NBAD) today said its total exposure to the state-owned Dubai World Group stands at USD 345 million.
- Raju's properties in Gulf nations under scanner
Investigating agencies probing Ramalinga Raju, the disgraced founder of Satyam Computer, have urged Indian diplomatic missions in the UAE t...
- Dubai investment firm sheds 10 percent of jobs
A Dubai investment company said on Sunday it is shedding 10 percent of staff, making it at least the second government-owned employer here ...
- Dubai to add 210 more hotels by 2012
The three colossal palm-shaped islands being developed off the coast of Dubai by Nakheel will add more than 200 hotels to the emirate's exp...
- L&T bags order worth Rs 200 cr from UAE
Larsen & Toubro (L&T), India’s largest engineering and construction company, said it has got a Rs 200-crore order from UAE real estate deve...
- India, UAE signs deals worth $30 bn
In addition to Hinduja's deal, DLF inked a $ 20 bn deal with UAE's Al Nakheel to build 2 townships in India.
- Nakheel, DLF form JV for $12-b core projects
In one of the biggest real estate FDI flow into the country, UAE’s largest property development company - Nakheel.