Nakheel wants to extend loan deadline
"Nakheel will grow and grow and grow in a more careful manner and with a more well-studied strategy and plan," Lootah was quoted as saying.
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"Nakheel will grow and grow and grow in a more careful manner and with a more well-studied strategy and plan," Lootah was quoted as saying.
February 17, 2013 12:33Dubai’s Nakheel issued an Islamic bond worth 121 million dirhams ($32.94 million) on Monday, the third tranche of a sukuk…
January 7, 2013 7:40It seems that Dubai is developing an insatiable appetite for sought after residential projects in key areas.
November 21, 2012 4:33Nakheel, whose developments at the height of Dubai's property boom contributed to the emirate's debt woes, has been slowly recovering from the crippling real estate collapse.
October 22, 2012 8:47Nakheel, a unit of Dubai World, was forced to separately negotiate a restructuring agreement with creditors
October 10, 2012 1:37Developer Nakheel, whose extravagant projects helped trigger Dubai's 2009 debt crisis and which has written off about $21 billion from its portfolio since the crash, pitched its third new project this year.
October 3, 2012 4:28Since the collapse of the real estate market in Dubai, property developers including Nakheel and Emaar were crippled by the collapse but there may be a ray of hope now
August 2, 2012 3:40Qurashi, along with four other expatriates jailed in Dubai, went on hunger strike in May to protest against the lengthy prison sentences handed down to them
July 26, 2012 11:25Contrary to recent reports about Dubai’s real estate resurrection, the property sector is facing problems far worse than dry swimming pools and empty pockets.
June 24, 2012 3:55Kipp has an eerie sense of déjà vu, as reports emerge of residents on another development of the Palm being denied access to their property over unpaid service fees, yet again.
May 22, 2012 3:44One Shoreline Apartments owners sent a letter to Kipp questioning the Nakheel's method of distributing pool access passes.
February 7, 2012 4:49“Nakheel was a different ball game, it was a big challenge and an honour,” says Chairman Ali Lootah, talking candidly with Kipp about his early days in the company and the trials that soon followed.
February 2, 2012 4:32Kipp’s exclusive with Nakheel’s Ali Lootah has inspired a rich debate around the role of developer, tenants, home owner, regulatory authority. Which side do you stand?
January 31, 2012 4:09“[Nakheel is] going to chase [its] money right and left. Nakheel cannot afford (not) to,” its chairman Ali Lootah tells Kipp’s Eva Fernandes exclusively.
January 29, 2012 6:37Nakheel locks the back doors of 10 apartment buildings, forcing tenants to use the entrance from the ‘clubhouse’ back doors instead.
January 23, 2012 4:27