News

A data firm said Nakheel's $3.5 billion Islamic bond saw unusual selling leading up to the surprise announcement of Dubai World's debt woes.
It’s all part of the company’s launch of its brand new logo and, according to news reports, is a hint at the developer’s plans to reignite some of its projects. Last month, Nakheel made waves when it ...
Dubai state developer Nakheel has secured 17 billion dirhams ($4.63 billion) in financing from local banks for new projects including Dubai Islands and other waterfront developments, it said on ...
In a statement to AGBI, a Nakheel spokesperson confirmed that, “the Palm Jebel Ali masterplan is being revisited,” with more details on the way soon. Palm Jebel Ali has been frozen since mid-2008.
Dubai property developer Nakheel has approached banks to refinance outstanding debt, sources said, amid an economic downturn which is exacerbating property oversupply problems and has raised ...