Wednesday 10 February 2016
 
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nakheel

Nakheel profit up 19pc; hits $1.19 billion

Dubai-based Nakheel, one of the world’s leading developers, today reported a net profit of Dh4.38 billion ($1.19 billion) for the financial year ending December 31, 2015, representing a 19 per cent increase on last year’s net profit

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Nakheel delivers first hotel in Dragon Mart

Dubai master-developer Nakheel has delivered the first of 10 hotels planned under its hospitality and leisure expansion, with a new 251-room hotel now open at the Dragon Mart retail and leisure hub. Owned by Nakheel and managed by

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Nakheel opens new ibis Styles at Dragon Mart

Dubai master-developer Nakheel has delivered the first of 10 hotels planned under its hospitality and leisure expansion, with a new 251-room hotel now open at the Dragon Mart retail and leisure hub. Owned by Nakheel and managed by

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Nakheel heads to HK for top property expo

Dubai-based real estate master developer Nakheel, creator of some of the world’s most famous landmarks including Palm Jumeirah, is heading east to showcase new projects with construction values of over $4.6 billion at the Dubai Property Sh

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Nakheel awards key Jumeirah road contract

Leading Dubai developer Nakheel has awarded a Dh18.5-million ($5.03 million) contract to construct the new Jumeirah Village Circle (JVC) access points, which will improve traffic flow and reduce journey times at one of Dubai’s largest and

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Nakheel’s Dragon Mart sees record visitor numbers

Nakheel’s world-famous Dragon Mart retail complex in Dubai, UAE is celebrating its highest number of daily visitors since opening in 2004, with average daily footfall topping 110,000 at peak times as DSF 2016 gathers momentum.

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Nakheel makes $60m sukuk profit payment

Dubai property developer Nakheel said it has made a profit payment of Dh220 million ($60 million) on its trade creditor sukuk. The developer had instructed Deutsche Bank, the registrar and paying agent for the sukuk, to make the p

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Nakheel, Starwood ink deal for new St. Regis in Dubai

Dubai master developer Nakheel today signed a management agreement with the Starwood Hotels & Resorts Worldwide to operate a new St. Regis in Dubai. Set to open in 2018, The St. Regis Dubai - The Palm will be a part of Palm To

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Nakheel in deal for St. Regis hotel on Palm Jumeirah

Dubai master developer Nakheel has signed a management agreement with the Starwood Hotels & Resorts Worldwide to operate a new St. Regis property in Dubai. Set to open in 2018, The St. Regis Dubai - The Palm will be a part of

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Nakheel showcases $4bn retail projects at Cannes event

UAE master developer Nakheel will meet a host of European retailers and investors as it highlights retail projects in Dubai worth over €3.7 billion ($3.9 billion) in construction costs at Mapic, the annual international retail real estate s

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