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First project on 'The World' to open soonThe first project in Dubai’s ambitious ‘The World’ development will soon open its doors on the ‘Island of Lebanon’, a report said. World Island Beach Club, owned by Indian entrepreneur Wakil Ahmed Azmi, promises exclusive membership packag More… |
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First trade licence awarded to The World projectThe first trade licence for business operations on The World islands project in Dubai has been granted to Kleindienst Group, owner and developer of The Heart of Europe project. A luxury holiday project, The Heart of Europe, is made up of s More… |
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German firm plans villas, hotels on 6 Dubai islandsA German property developer has announced plans to build luxury villas and hotels on six artificial islands off Dubai despite the huge financial woes faced by the emirate. The Kleindienst Group said it will begin work on location at The Wo More… |
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The World sub-developers 'in trouble'Signs of a deep downturn in Dubai's property market intensified on Thursday as government-owned developer Nakheel entered financing talks with banks over a major project and a second hallmark project faced delays. Nakheel, developer of off More… |
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Dubai World, Nakheel in key marine security dealDubai World Security, the security solutions arm of Dubai World, and Nakheel, creator of the iconic island development The World, have signed a major marine security services contract aimed at providing end-to-end marine security cover for The Wor More… |
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Limitless launches $350m world island resortLimitless said on Monday the $350 million World Island Resort that it will create, own and operate will be showcased at Cityscape Dubai next month. Limitless said the 10.5 hectare ultra luxury resort on a manmade island, 14km from the Duba More… |
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Select launches $1.5bn island projectUAE-based Select Group has announced the launch of its 5.5 billion dirham ($1.5 billion) private island development, Aquitainia, on The World archipelago off the coast of Dubai promoted by Nakheel. Aquitainia, which combines the islands o More… |
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Select Group in UK tieup to buy 'The World' islandsSelect Group has announced acquiring two islands – France and Spain - on The World Project, as part of its expanding investment portfolio in the freehold real estate space of Dubai. Select Group is one of the leading blue-chip real estate More… |
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VC Bank to develop $408m resort on The WorldVenture Capital Bank (VC Bank), a Bahrain-based Islamic investment bank, will develop a Dh1.5 billion ($408 million) luxury resort on Nakheel’s exclusive project in Dubai, The World. VC Bank will invest in and develop the island located i More… |
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Nakheel to develop $1bn logistics parkNakheel is setting up a $1 billion logistics harbour and park to connect mainland Dubai with its ambitious project 'The World,' a cluster of 300 man-made islands. The park is being developed on an area of 103 hectares next to Port Rashid, More… |
