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NAKHEEL DUBAI ISLANDS
Logistics giant DP World replaces chairman named in Jeffrey Epstein documentsDubai has a new chairman for DP World. Sultan Ahmed bin Sulayem has been replaced. This follows the release of Jeffrey Epstein documents. N...- Casagrand makes Dubai debut, to develop 6 million sq ft in 3 yearsCasagrand, a major Indian real estate developer, has entered the UAE market with a residential project on Dubai Islands, marking its intern...
- In fast-changing Dubai, once-isolated Jebel Ali village to be razed to make way for luxury villasNakheel, the state-owned developer of Dubai's signature palm-shaped islands, unveiled plans to demolish the neighbourhood to make way for a...
- Dubai's Nakheel eyes district cooling assets saleNakheel, the developer of the emirate's palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process, said tw...
- Dubai's Palm Jumeirah villa sold for USD 7.6 mnA luxury villa on Dubai's Palm Jumeirah has been sold for nearly USD 7.6 million at an auction, bucking the trend.
- Dubai World's Nakheel arm sees debt deal this yearThe 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 creditorsDubai's master developer Nakheel has started paying its creditors the first tranche of cash following the signing of a number of restructur...
- After crisis, Dubai plans reformsDubai officials are outlining plans for financial reforms in the wake of the emirate’s credit crisis.
- Dubai commits $9.5 billion to troubled Dubai WorldThe Dubai government said on Thursday it has committed $9.5 billion in aid to its troubled Dubai World conglomerate, which has been negotia...
- Dubai debt fears resurface as questions lingerAs world markets warily eye Greece's financial crisis, investors are once again focusing on unresolved questions surrounding how deeply ind...
- German developer Kleindienst plans luxury villas and hotels on 6 artificial islands off Dubai despite crisisA German property developer announced on Monday plans to build luxury villas and hotels on six artificial islands off Dubai despite the hug...
- Abu Dhabi gives $10 bn to Dubai WorldDubai World will use the money to cover debt of real estate unit Nakheel. The rest of the money will cover Dubai World’s interest and opera...
- Dubai World's part-revamp limits damage: AnalystsDubai World's announcement that it needs to revamp only some parts of its worldwide business limits the scope of damage, analysts said on T...
- World lacks understanding of debt crisis: DubaiUAE looked to allay concern over Dubai World's $60 bn debt-load, stressing strength of Dubai and it's economies as markets tumbled. Full Co...
- NBAD has USD 345 mn exposure to Dubai World GroupThe National Bank of Abu Dhabi (NBAD) today said its total exposure to the state-owned Dubai World Group stands at USD 345 million.
- Dubai to exempt ports from DPW recastThe Dubai government has clarified that it would exempt the port operator arm from restructuring of the company.
- TravelogSince the launch of Atlantis, The Palm in September 2008, the underwater wonderland of The Lost Chambers — including unusual attractions su...
- Dubai buys Queen Elizabeth 2 for $ 100 mnA Dubai-owned company announced on Monday that it bought the Queen Elizabeth 2, a giant ocean liner launched in 1967, for $ 100 million.
- Dubai to add 210 more hotels by 2012The 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 UAELarsen & Toubro (L&T), India’s largest engineering and construction company, said it has got a Rs 200-crore order from UAE real estate deve...
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