Dubai’s Nakheel says stops sales of new properties
Developer Nakheel Dubai World's property arm that is restructuring $10.9 billion in debt, said it has stopped selling new properties and is focusing on consolidation.
April 26, 2011 4:33Register for our free newsletter
Nokia charging back with full force
Saudi government websites targeted
Dubai ranked as world’s 7th most popular destination
Developer Nakheel Dubai World's property arm that is restructuring $10.9 billion in debt, said it has stopped selling new properties and is focusing on consolidation.
April 26, 2011 4:33Though "force majeure" traditionally referred to acts of God like floods, earthquakes and other unexpected natural disasters, the term has taken on a whole new meaning in Dubai; much to the benefit of local property developers.
April 26, 2011 3:09As RERA announces a certain Oqood bias, Kipp takes a look at some particularly dreary Q1 developments in the property sector.
April 25, 2011 3:49Nakheel wins advance payments case; Tamweel seeks new funding; Musanada announces new Emirati housing project
April 19, 2011 4:15