Dubai property developer Nakheel has slashed salaries by as much as 50 percent as it tries to weatherthe coronavirus crisis, according to an internal ...
Dubai plans to delist its port operator to help repay more than $5 billion of government-related debt.As part of DP World Ltd.’s delisting, its ...
Dubai developer Nakheel reported on Wednesday a 22 percent decline in second quarter net profit, according to Reuters calculations. Nakheel made a ...
Net profit for full-year 2016 rose to 4.96 billion dirhams from 4.38 billion
State-owned property developer was at the centre of Dubai’s debt crisis in 2009
The project award brings DSI's total backlog to 2.43 billion dirhams ($661.66 million) to date this year
The government-owned entity said its net profits hit 1.85 billion dirham ($502.7 million)
The state-owned company had accumulated 6.8 billion dirhams of bank debts while building ambitious mega-development projects
Nakheel plans to launch new projects worth between 6 billion and 8 billion dirhams in 2014
Developer to repay nearly a third of its total bank debt in the first quarter of 2014
Dubai property developer Nakheel, one of the biggest casualties of the emirate’s real estate market crash in 2009, posted a 57 percent jump in ...
Dubai developer Union Properties reported a 2.2 percent drop in first-quarter net profit on Wednesday due to a slump in housing sales. The ...
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