Our Network

Register for our free newsletter

 
 
Latest News

Nakheel in talks with banks for new Palm Island project

Troubled Dubai developer Nakheel is in talks with banks to raise financing for a new project on its man-made island Palm Jumeirah, worth at least 300 million dirhams ($81.68 million), its chairman said on Wednesday.

January 11, 2012 11:14
 

Aldar Properties to convert $573M Mubadala-held bonds

Abu Dhabi's Aldar Properties will convert a portion of bonds held by Mubadala Development Co into shares as part of a deal which will eventually see the investment fund take its stake to nearly 60 percent.

December 15, 2011 3:27
 

Nakheel says profit payment for $1.03B sukuk on time

Co says profit payment of 10 pct on time; Nakheel says the payment due on Dec. 15; The $1.03 bln sukuk was issued in August

December 12, 2011 1:29
 
Abu Dhabi’s necessary two steps backward

Abu Dhabi’s necessary two steps backward

The reassessment of Abu Dhabi's Vision 2030 resulted in job cuts and project delays. It would've been nice without a negative knock-on effect but perhaps it just couldn't be helped.

December 11, 2011 6:10
 
...34567...102030...