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NAKHEEL PROPERTIES
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...
Aiming for the Guinness World Record: Dubai to unveil world's largest fountain on October 22The Palm Fountain is another addition to Dubai's list of world-famous landmarks.
- Dubai's Palm Jumeirah villa sold for USD 7.6 mn
A 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 turnaround specialist is heading out
Dubai's government says the turnaround specialist hired to manage the restructuring of the city-state's Dubai World conglomerate is leaving.
- 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.
- No fire-sale for Dubai World
Dubai world has refused to offload assets at fire-sale prices to repay obligations, forcing it to seek a debt standstill, a newspaper repor...
- Has the sun set on Dubai World?
'The Sun Never Sets on Dubai World', screams a banner on the website of the state-owned flagship investment arm of Dubai, even as its inabi...
No impact of Dubai crisis on Indian realty market: DevelopersA majority of big real estate developers in India said they are insulated from the financial crisis in Dubai.
- 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...
- PSL FZE receives $45 mn order from Japanese company
PSL, a manufacturer of high-grade pipes, on Tuesday said its international subsidiary PSL FZE, based in Sharjah, has received an order wort...
- 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.