Show only titles
Nakheel news category
Nakheel cancels Trump project on Palm
Nakheel has cancelled plans to build the Trump International Hotel & Tower on the trunk of the Palm Jumeirah in Dubai. “We have to be realistic about these projects now,” Mr Lootah said yesterday, referring to audacious plans such as the Palm Jebel Ali artificial island and the 1km-tall Nakheel Harbour and Tower. “There is no market demand for them. We will be selective.”
Directors plead not guilty to abusing Nakheel contact
A defence lawyer has argued that a German investor acted maliciously in accusing his clients of abusing their connection with a Nakheel employee.
Dubai World gets $9.5bn government backing
The Dubai government has announced it will provide $9.5bn (£6.4bn) in funding to help its Dubai World investment vehicle to restructure its debt.
Mohammed Instructs Government Entities to Open Door Further
Government departments have been directed to open their doors to qualified UAE graduates and help hone their skills.
Dubai World, Nakheel to get government funding
Dubai’s government said Thursday it will commit $9.5 billion in new funding to help conglomerate Dubai World restructure its debt.
Dubai Government Excellence Program to hold award ceremony on 13th April
Under the patronage of Vice President and Prime Minister of UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum, the ceremony to honour the winners of the Dubai Government Excellence Program will be held in Dubai on 13th this month.
Dubai Government hits back at critics of $24.8bn debt plan
The Government of Dubai has hit back at criticism from some bank creditors that are unhappy with the terms of the US$24.8 billion (Dh91.08bn) restructuring proposal by Dubai World.
