Loading ...Top executive quits troubled Nakheel
By Kipp • Feb 23rd, 2010 • Category: Middle East Business NewsChief commercial officer Manal Shaheen leaves Dubai property developer; PR team reduced amid continuing layoffs.
Posts Tagged ‘nakheel’
Chief commercial officer Manal Shaheen leaves Dubai property developer; PR team reduced amid continuing layoffs.
Nakheel unlikely to repay $980 million sukuk
By Kipp • Feb 22nd, 2010 • Category: Middle East Business NewsIt is “incredibly unlikely” that Nakheel will pay off its Islamic bond maturing in May, reports Reuters.
The World developers ‘will profit’
By Ben Flanagan • Feb 17th, 2010 • Category: Cover Story, Real estateDespite the crippling downturn and real estate slump, one property firm has seen a 50 percent increase in plot prices on Dubai’s man-made islets, and insists there is still money to be made.
Islamic finance 2.0, regulation 1.0
By Ben Flanagan • Feb 16th, 2010 • Category: Cover Story, EconomyTrading in Shariah-compliant products is about to enter a new age. But as the controversy over the Nakheel sukuk illustrated, the industry is still mired by a lack of transparency.
Dubai debt: the pressure mounts
By Ben Flanagan • Feb 15th, 2010 • Category: Cover Story, NationWith the emirate’s total obligations now in excess of $100 billion, the UK’s Business Secretary Lord Mandelson says ‘time is running out’ for a restructuring plan.
Dubai’s QE2 is just an anachronism
By Kipp • Feb 7th, 2010 • Category: Kipp's BlogExtravagance, decadence, glamour. All this defined both Dubai, and the 40-year old cruise liner its state investment arm bought in 2007. But not any more.
Got that sinking feeling…?
By Kipp • Feb 3rd, 2010 • Category: Cover Story, Dubai, Real estate, SlideshowDubai developer Nakheel says that its man-made archipelago The World is definitely not sinking. So on which of these images did a UK newspaper base its “wholly inaccurate” claim to the contrary?
Nakheel pays interest on $750 million bond
By Kipp • Jan 19th, 2010 • Category: Middle East Business NewsProperty developer Nakheel has made a $10.3 million coupon payment on a bond maturing in 2011.
The Death of Development, Part I
By Edmund Sheen • Jan 11th, 2010 • Category: Cover Story, Dubai, Real estate, Special reportDubai master-developer Nakheel, which aimed for the stars with iconic projects, prepares for a dramatic restructuring, reports Trends. Part I.
7 big regional financial events in 2009
By Kipp • Dec 27th, 2009 • Category: Cover Story, SlideshowFrom Dubai’s debt debacle to Saudi’s Saad and Algosaibi case, the Gulf States saw many major economic happenings that shook the world.
One debt down
By Dana El Baltaji • Dec 14th, 2009 • Category: Cover Story, Dubai, Finance, NationThe Abu Dhabi government has given Dubai $10 billion to help pay off its debt, including Nakheel’s $3.52 billion Islamic bond that matures today.
Do you think Dubai’s debt crisis has been blown out of proportion by the world’s press?
By Dana El Baltaji • Dec 13th, 2009 • Category: Cover Story, Dubai, Opinion, poll resultsThe results are in.
Nakheel insists Palm Jumeirah is not sinking
By Kipp • Dec 9th, 2009 • Category: Middle East Business NewsDubai-based developer Nakheel said on Wednesday that reports that the Palm Jumeirah is sinking were "wholly inaccurate"...
Istithmar loses millions
By Dana El Baltaji • Dec 9th, 2009 • Category: Cover Story, Dubai, Finance, InternationalIstithmar World, part of Dubai World, lost rights to the W Union Square New York hotel in a foreclosure auction in the New York.
Nakheel saw $3.65 billion loss in the first half of 2009
By Kipp • Dec 8th, 2009 • Category: Middle East Business NewsDubai-based property developer Nakheel saw a loss of..
