Tag archive for ‘Nakheel’
By Staff writer On Friday, October 21st, 2016
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Construction Innovation Award 2016 winners unveiled

The winners of the Construction Innovation Awards 2016, presented by Du, were crowned on 19 October at a glamorous ceremony at Westin Mina Seyahi, with 300 construction industry professionals in attendance . Twenty-three More...

By Staff writer On Sunday, September 11th, 2016
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Nakheel launches twin-tower residences at Ibn Battuta Mall

Master developer Nakheel has launched Ibn Battuta Residences, a twin-tower complex with 531 luxury apartments to be built next to Ibn Battuta Mall in Dubai. The project, launched on the first day of Cityscape Global More...

By Staff writer On Tuesday, September 6th, 2016
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Nakheel launches $1.36bn Deira Islands Boulevard

Nakheel has started work on a AED 5bn ($1.36bn), 20-tower community at Deira Islands, Dubai. With 16 residential buildings, two hotels and two serviced apartment complexes, Deira Islands Boulevard will transform More...

By Staff writer On Thursday, April 21st, 2016
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Nakheel posts $400mn first quarter profit

Nakheel booked an 8% rise in first quarter earnings thanks to a strong showing from its retail, residential leasing and hospitality businesses. The developer posted a net profit of AED1.47bn ($400mn) for the period More...

By Staff writer On Wednesday, February 3rd, 2016
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Nakheel declares net profit of AED4.38 billion for 2015

Nakheel today announced its results for the financial year ending 31st December 2015, a net profit of AED4.38 billion, representing a 19 percent increase on last year’s net profit of AED3.68 billion. The 2015 More...

By Staff writer On Saturday, November 28th, 2015
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Nakheel and Starwood Hotels & Resorts to debut St. Regis on Dubai’s Palm Jumeirah

The St. Regis Dubai – The Palm will be the centrepiece of Nakheel’s 52-storey Palm Tower, and will feature a 50th floor 360 degree infinity swimming pool   Sanjay Manchanda, CEO of Nakheel; Neil George, More...

By Staff Writer On Sunday, August 16th, 2015
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Nakheel awards AED38m contract for Al Furjan

Nakheel awarded a new construction contract in its 560 hectare Al Furjan community in Dubai. The contract worth AED38m is for a new mosque and a retail sector to be called the Nakheel Pavilion. The 8,000 sqft mosque, More...

By Melanie Mingas On Tuesday, July 28th, 2015
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Nakheel reports H1 profit of AED2.83bn

Nakheel has announced a net profit of AED 2.83 billion for the first six months of 2015; an increase of nearly AED1 billion – or 53 per cent, compared to the H1, 2014 profit of AED1.85 billion, according to WAM, More...

By Giorgios Retsinas On Monday, June 1st, 2015
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100 restaurants and shops secured at The Pointe

Developer Nakheel has confirmed nearly 100 restaurants and shops at The Pointe, it’s new, AED800 million, 1.4 million square foot waterfront retail, dining and entertainment complex under construction on Dubai’s More...

By Giorgios Retsinas On Wednesday, May 13th, 2015
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Facebook continues to grow worldwide

Online users have grown from 780 million as of January 2004 to 3 billion by January 2014, of which 1.4 billion are on Facebook, revealed Jumana Antara, Manager of Corporate Communications of Facebook for Middle More...

By Staff writer On Thursday, January 22nd, 2015
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Nakheel profits up 43 per cent to AED3.68 billion in 2014

Nakheel profits up 43 per cent to AED3.68 billion in 2014 Nakheel today announced its results for the financial year ending 31 December 2014: a net profit of AED3.68 billion representing a 43 per cent increase on More...

By Staff writer On Monday, January 5th, 2015
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Nakheel set to start leasing Golden Mile space on Palm Jumeirah

Palm Jumeirah, Golden Mile Dubai developer Nakheel has announced it will begin leasing office, retail and dining space at Palm Jumeirah’s Golden Mile in Dubai tomorrow (Monday) as part of its rapidly-expanding More...

By Staff writer On Tuesday, December 23rd, 2014
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Nakheel rounds up retailers as Circle Mall bookings pass 30 per cent

Nakheel rounds up retailers as Circle Mall bookings pass 30 per cent Almost a third of shop space at Nakheel’s new Circle Mall at Jumeirah Village in Dubai has been booked less than two weeks after its launch, More...

By Staff writer On Friday, December 12th, 2014
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Nakheel makes AED220 million Sukuk profit payment

Nakheel makes AED220 million Sukuk profit payment Dubai developer Nakheel today confirmed a profit payment of AED220 million on its trade creditor Sukuk. Instructions have been sent to Deutsche Bank, the registrar More...

By Staff writer On Friday, October 10th, 2014
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Nakheel awards AED 35 million contract for Badrah Pavilion community centre

Nakheel awards AED 35 million contract for Badrah Pavilion community centre Nakheel is adding another neighbourhood centre to its growing collection of retail projects with a new, 72,000 sq ft Pavilion at its Badrah More...

By Staff writer On Thursday, October 9th, 2014
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Nakheel posts profit of AED2.60 billion for first nine months of 2014

Nakheel posts profit of AED2.60 billion for first nine months of 2014 Nakheel today announced its financial results for the first nine months of 2014 as a net profit of AED 2.60 billion, higher than the company’s More...

By Staff writer On Monday, September 22nd, 2014
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Nakheel unveils The Palm Gateway beachfront residential, retail and leisure complex

Nakheel unveils The Palm Gateway beachfront residential, retail and leisure complex Dubai developer Nakheel has announced the launch today of The Palm Gateway – a three-tower waterfront living and leisure complex More...

By Staff writer On Thursday, August 21st, 2014
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Nakheel repays all AED7.9 billion bank debt – four years ahead of time

Nakheel  Dubai developer Nakheel today confirmed the early repayment of its entire AED 7.9 billion bank debt, nearly four years before the final loan instalment due in March 2018. Nakheel has today issued instructions More...

By Staff writer On Thursday, July 3rd, 2014
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Nakheel to award contracts for eight substations at Deira Islands

Deira Islands Nakheel today approved the award of consultancy services contracts for eight substations on Deira Islands, its new, 15.3 square kilometre waterfront city in Dubai. Two engineering consultancies, Green More...

By Staff writer On Thursday, June 5th, 2014
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Nakheel and Engel & Volkers to launch new Dubai real estate company

Nakheel, a Dubai major developer, has signed a Letter of Intent (LoI) with Germany-based real estate brokerage company Engel and Volkers (E&V) to create a new company specialising in selling and leasing properties More...

By Staff writer On Wednesday, May 28th, 2014
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Nakheel awards AED1.2 billion contract for construction of Nakheel Mall on Palm Jumeirah

Nakheel Mall Nakheel today announced the award of a contract worth more than AED1.2 billion for the construction of Nakheel Mall – its new, 418,000 square metre retail hub to be built in the heart of Palm Jumeirah More...

By Staff writer On Sunday, February 2nd, 2014
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Nakheel names designer for 11km Palm Jumeirah Boardwalk

Nakheel today named Halcrow as the design consultant for The Boardwalk – a new, bustling attraction running the entire length of Palm Jumeirah’s 11km crescent. The Boardwalk, unveiled at Cityscape 2013, will More...

By Staff writer On Wednesday, August 28th, 2013
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Nakheel partners with Mashreq for Jumeirah Park mortgages

Nakheel has entered into a new arrangement with leading financial institution, Mashreq to provide mortgages for investors purchasing homes at Jumeirah Park in Dubai. This new strategic alliance, which strengthens More...

By Staff writer On Monday, August 26th, 2013
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Nakheel completes Al Furjan community

Nakheel has now fully completed construction and handovers at its Al Furjan community, with plans to build a neighbourhood retail centre there soon, the developer announced today. Al Furjan community Nakheel has More...

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