Nakheel declares itself debt-free with repayment of AED 4.4 billion of trade creditor sukuk
22nd August 2016
Dubai developer Nakheel will be completely debt-free following full payment of its AED4.4 billion trade creditor sukuk when it matures on Thursday (25 August 2016). more...
Nakheel wraps up new deal with Reel Cinemas for region’s first Dine-In movie theatre at The Pointe at Palm Jumeirah
16th August 2016
Nakheel has further strengthened its partnership with Reel Cinemas, the premium provider of innovative cinema experiences in the region more...
Nakheel and RIU Hotels & Resorts start development of AED900 million beachfront resort at Deira Islands
14th August 2016
Nakheel and Spanish hospitality giant, RIU Hotels & Resorts (RIU), today commenced the development of their AED900 million, 800-room joint venture resort and waterpark at Dubai’s Deira Islands. more...
Nakheel awards AED117.5 million contract for 18 showrooms at Dubai’s Dragon City
11th August 2016
Nakheel has awarded a contract for AED117.5 million to construct a new, 375,000 sq ft showroom complex at Dragon City in Dubai. more...
AED1.5 billion construction contract awarded for Al Khail Avenue as Nakheel adds 252-room hotel to new Dubai retail hub
9th August 2016
Dubai master developer Nakheel today signed a contract worth AED1.5 billion for the construction of its Al Khail Avenue retail, dining and entertainment hub – and announced that it is now bringing hospitality into the mix by adding a 252-room hotel to the complex. more...
Nakheel continues hospitality expansion with new hotels at Dragon City and Ibn Battuta Mall
7th August 2016
Dubai master developer Nakheel has released construction tenders for new hotels at Dragon City and Ibn Battuta Mall, adding another 670 rooms to its rapidly-growing hospitality portfolio. more...
Nakheel reports H1 2016 net profit of AED2.95 billion
27th July 2016
Nakheel today announced its financial results for the first six months of 2016: a net profit of AED2.95 billion, representing a four per cent increase on the net profit of AED2.83 billion in the same period in 2015. more...
Nakheel’s Masakin Al Furjan community says a Ramadan thank you to 100-strong workforce
20th June 2016
More than 100 staff at Nakheel’s Masakin Al Furjan development in Dubai were recognised for their continued dedication at a Ramadan appreciation event organised by residents at the community. more...
Ramadan delight as under-privileged youngsters get shopping makeover at Dubai’s Ibn Battuta Mall
14th June 2016
More than 50 orphans and under-privileged children from the UAE were treated to an afternoon of shopping and adventure at Ibn Battuta Mall more...
Nakheel awards AED4 million contract for STP at Dubai’s Deira Islands
13th June 2016
Master developer Nakheel has handed a contract for nearly AED4 million to ILF Consulting Engineers (Dubai Branch) for sewage treatment plant work at Deira Islands in Dubai. more...
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