Saturday 12 July 2014
 
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nakheel

Nakheel H1 profit jumps 54pc on new projects

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. The government-

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Nakheel to award Dubai substation contracts

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 -

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Nakheel plans to repay $1.5bn debt early

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. The re

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Nakheel to pay $59.88m sukuk profit

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

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Nakheel to bring Shangri-La hotel to Palm Jumeirah

Dubai-based Nakheel, a major real estate developer, is set to bring Hong Kong-based Shangri-La Hotels and resorts to Palm Jumeirah.   The two companies have inked a deal for the construction and management of the

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Nakheel to bring Shangri-La hotel to Palm Jumeirah

Dubai-based Nakheel, a major real estate developer, is set to bring Hong Kong-based Shangri-La Hotels and resorts to Palm Jumeirah.   The two companies have inked a deal for the construction and management of the

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Turtle hatchings at Nakheel site

Nakheel, a leading real estate developer, is marking World Environment Day today with the news that 60 baby turtles nesting at the developer’s waterfront site in Dubai’s Jebel Ali have hatched since the 2014 nesting season began in M

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Nakheel, E&V to launch new real estate company

Dubai-based Nakheel, a major real estate developer, has signed a letter of intent with German real estate brokerage company Engel and Völkers (E&V) to create a new company specialising in selling and leasing properties in the emirate.

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Nakheel awards $326m mall contract

Nakheel, a leading property developer in Dubai, has awarded a contract worth more than Dh1.2 billion ($326 million) for the construction a mall on Palm Jumeirah to two UAE firms. The Nakheel Mall contract was awarded to United Eng

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Accor, Nakheel launch ibis Styles brand in region

Accor Middle East, one of the leading hospitality groups in the region, recently signed a management agreement with Dubai-based master developer Nakheel to operate its first Ibis Styles hotel in the region. Construction of the hot

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