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Dubai World mulls sale of prize assets to pay debts

Dubai World mulls sale of prize assets to pay debts

The documents also said Dubai World planned to transfer assets to Nakheel after their planned separation, including land earmarked for the Nakheel Harbour and Tower and the massive Waterfront development near the border with Abu Dhabi.

Dubai developer wanted in Germany over alleged hotel fraud

Dubai developer wanted in Germany over alleged hotel fraud

Authorities in Germany are seeking the arrest of a German national on suspicion of a multimillion-euro fraud in connection with a Dubai hotel project that was never built.

Emirates delays relocation

Emirates delays relocation

Al Maktoum International is one of several multibillion-dollar airport projects being undertaken in the region as Gulf states invest in aviation to draw in trade and tourism.