Dubai property developer Nakheel is repaying all of its Dh7.9 billion ($2.15 billion) of bank debt as much as four years ahead of schedule, the company said in a statement on Wednesday.
The final instalment of the debt was to have
Dubai property developer Nakheel is repaying all of its 7.9 billion dirhams ($2.15 billion) of bank debt as much as four years ahead of schedule, the company said in a statement on Wednesday.
The final instalment of the debt was t
Nakheel, a leading Dubai-based developer, has awarded a contract worth almost Dh59 million ($16 million) for major infrastructure works at its Al Furjan master community in Dubai.
The contract, awarded to Dubai-based Ghantoot Road
Real estate developer Nakheel is gearing up for its busiest season on record at the Ibn Battuta Mall, Dubai, where a world of entertainment, promotions and prizes awaits visitors throughout Dubai Summer Surprises 2014.
Nakheel is bringing a new, gated master planned community of 1,000 villas – including 100 high-end, serviced residences managed by a world-renowned hotel operator – to Dubai, as part of its leasing, hospitality and retail business ex
Dubai-based master developer Nakheel has signed design and engineering contracts worth Dh46 million ($12.5 million) for two major developments in its project pipeline: Deira Islands Mall and Palm West Beach.
Dubai property developer Nakheel, which was a major victim of the emirate's financial crisis five years ago but is now recovering strongly, reported a 54 per cent jump in profit for the first half of this year.
Dubai-based Nakheel, one of the world’s leading developers, is set to award consultancy services contracts for eight substations at Deira Islands, its new, 15.3 sq km waterfront city in Dubai.
Two engineering consultancies -
Dubai property developer Nakheel will repay all its outstanding debt to banks by August this year, four years ahead of the schedule mandated by its restructuring plan, the state-run company's chairman said on Wednesday.
Nakheel, a leading UAE developer, has confirmed a profit payment of Dh220 million ($59.88 million) on its trade creditor sukuk.
Instructions have been sent to Deutsche Bank, the registrar and paying agent for the sukuk, to make th