Monday 23 September 2019
World Islands

Seven Tides seals $3.2bn deal to build luxury villas

Dubai-based property developer Seven Tides has signed a $3.2-billion agreement with the Philippines’ Revolution Precrafted for building condominium units and hotel villas on one of the artificial islands in The World Islands in Dubai.


Dubai acquits five in World Islands case

A Dubai criminal court acquitted on Sunday five suspects in a corruption case involving the World Islands project developed by Dubai's Nakheel, without specifying the reasons for its decision. The court also announced the expiry of a crimi


The World islands not sinking: Nakheel

Dubai developer Nakheel has denied a report that its 300 man-made islands shaped like a map of the world are sinking, calling it "wholly inaccurate." The archipelago sits in the Gulf off the coast of Dubai. Reclamation work on the islands


Development to start on Nakheel's World islands

Development on Nakheel's The World islands, one of the assets the troubled state-linked developer may look to sell amid a debt crunch, is slated to begin within months, according to a newspaper report on Thursday. Nakheel's parent

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