Nakheel
Nakheel launches comprehensive recapitalisation plan
Nakheel today announces a comprehensive recapitalisation plan of its debt and liabilities. The plan enables Nakheel to offer creditors 100 percent of agreed amounts owed and tofulfill its obligations to customers through the prompt completion of near term projects. Under this proposal, the Government of Dubai, through the Dubai Financial Support Fund (“DFSF”),will commit... »
Dubai backs Dubai World Championship
Leading companies and attractions in Dubai have thrown their support behind the inaugural Dubai World Championship, with global marine terminal operator DP World unveiled as presenting sponsor – the highest level partnership associated with the event. The Dubai World Championship presented by: DP World is the thrilling climax to the season-long Race to Dubai... »
Nakheel Hotels opens two prestigous hotels
Nakheel Hotels announced today that it has opened the W Washington D.C. hotel and that the historic Turnberry golf resort, located in the west of Scotland which has re-opened and joined the renowned Luxury Collection brand, building on Nakeel Hotels’ strong relationship with Starwood Hotels & Resorts Worldwide Inc. Starwood, one of the world’s... »
Get Your Skates on! UAE’s First Ever Roller Rink arrives at Ibn Battuta Mall
Ibn Battuta Mall kicks of its Summer Fiesta with the arrival of the UAE’s first ever roller rink. Since Thursday 11 June at India Court, ‘Roller Extreme ’ has been open to all budding skaters willing to test out their skills on the specially designed indoor skating rink. Extreme Roller Rink is open from... »
Nakheel to reduce Service Charges at Discovery Gardens
Dubai master developer Nakheel today announced a new, lower service charge budget for its Discovery Gardens community, following a detailed review of scope and suppliers. The new rate has been formally agreed with the Dubai property market regulator, RERA, and will mean a reduction of approximately AED 5 per square foot in service changes... »
Chairman HH Sheikh Ahmed Bin Saeed Al Maktoum