Nakheel begins cash repayment
Dubai World company starts 40 percent repayments to trade.
June 30, 2010 3:29
Life is a house of cards
A threatened air con shut down in a major Nakheel development in Dubai serves as a reminder: our day-to-day lifestyle is delicate – the smallest breeze sends things tumbling down.
June 14, 2010 5:02Nakheel: no air con cut-off
Air conditioning will not be cut-off, says property company.
June 13, 2010 3:10Nakheel starts paying, resumes projects soon
Dubai World's property arm tells local newspaper projects are set to restart within weeks.
June 6, 2010 3:31First claim against Nakheel
Matter to serve as a test case for other companies with unsettled claims against the developer.
May 26, 2010 9:53Arabtec expects Nakheel payout by July
Major Dubai builder Arabtec has revealed it expects some form of payment from Dubai World-owned developer by the end of June.
May 24, 2010 3:57
Best of the web:21 May
Dubai World debt analysis: the end in sight?; The 9-year-old Microsoft genius; Google TV: What Does It Mean for Advertisers?; Qatar pitches cool World Cup bid; Your Brand Is a Verb, Not a Noun
May 21, 2010 2:35Reaction to Dubai World deal
Conglomerate agrees on deal to restructure $23.5 billion in debt with its core lenders in a deal that involves no new government money
May 21, 2010 12:23Dubai government transfers $980mn to repay Nakheel bond on schedule
Talks continue between lenders and Nakheel’s parent, Dubai World, in efforts to restructure $24.8 billion in debt.
May 14, 2010 11:03Nakheel gets DFSF support to pay $980 million sukuk
Dubai Financial Support Fund provides money for the full payment of Islamic bond issued by the troubled developer.
May 11, 2010 4:43
Are UAE banks broke?
Despite government bailouts, tight liquidity persists throughout the Emirates.
May 7, 2010 10:18Nakheel’s bin Sulayem replaced in senior management shakeup
Ali Rashid Ahmed Lootah takes over role at troubled property company.
March 30, 2010 3:26DFM index rises to 2010 high
Traders remain optimistic following Dubai World bailout announcement last week.
March 28, 2010 5:59Dubai World bailout sees Saudi shares rise
Tadawul index up 0.7 percent following news of $9.5 billion restructuring plan.
March 27, 2010 5:35
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
Dubai Labourers on 'rare' labour protest
Two Arabtec employees who asked not to be identified said several thousand workers engaged on various projects did not report for duty on Sunday.
May 20, 2013 9:33
Tumblr officially off the market
Yahoo! board unanimously approves the acquisition...
May 19, 2013 3:20
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43