Nakheel makes AED201 million Sukuk profit payment

12th December 2012

      

Dubai, 12 December 2012:  Nakheel is pleased to confirm that it has made the necessary arrangements enabling Deutsche Bank, the registrar and paying agent for the trade creditor Sukuk, to make the third profit payment of AED201 million to all Sukuk holders on the due date (15 December 2012). With this payment, Nakheel has paid a total of AED 9.6billion to its trade creditors and contractors since November 2009, providing the necessary stimulus in the local economy, particularly in the real estate sector that is showing signs of stability and growth.

 

 

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