Your Search Returned 28 tagged news reports
The investment company lost the hotel for $2m, after buying the property for $282m in 2006, the Wall Street Journal reported. Dubai World, a state-owned holding company, said on November 30 that Istithmar World was among several of its units that would...
Tags: Dubai World, Dubai Holding, Nakheel, debts crisis, Emaar, UAE, debts woes, United Arab Emirates, Dubai, Business Finance, Nakheel Properties, Investment companies, Developments in Dubai, Emaar Properties, Tatweer, Abu Dhabi, Istithmar World, Mubadala Development Company, Economy of Dubai, Emirates of the United Arab Emirates, Aldar Properties, Abu Dhabi National Energy Company, International Renewable Energy Agency, Bankruptcy, Politics, Standard Chartered Bank, Transportation in Dubai, Moody's, Special Economic Zones, Finance, Sultan Ahmed bin Sulayem
But as creditors investigate how to respond to parent company Dubai World’s decision last month to delay the December 14 repayment of Nakheel’s $4bn (€2.65bn, £2.4bn) sukuk, or Islamic bond, they are likely to discover that the once high-flying company...
Tags: Dubai World, Nakheel, Dubai Duty Free, real estate, United Arab Emirates, Dubai, Artificial islands, Business Finance, Nakheel Harbour and Tower, Nakheel Properties, Developments in Dubai, The World
As Michael Owen swooped over Dubai in a helicopter to promote property in the region, he may have seen Steven Gerrard Tower and the half-built Boris Becker Business Tower below. He may have just made out the luxury villa that David Beckham still owns...
Tags: Dubai World, Dubai Sports City, Across Dubai, Dubai Rugby Sevens, Barclays Dubai Championship, sporting stars, Nakheel, Michael Owen, european tour, sporting event, Japan, Tōkyō, United Arab Emirates, Artificial islands, Palm Jumeirah, Palm Islands, Nakheel Properties, Dubai, Developments in Dubai, allnews, The World
Dubai, the credit-crunched Gulf playground, has shattered hopes of imminent financial recovery by asking for a six-month "standstill" on major parts of its debt Dubai World, one of the emirate's main state holding companies, said it was asking...
Tags: Nakheel, allnews, United Arab Emirates, Dubai, Sukuk, Dubai Media Incorporated, Sultan Ahmed bin Sulayem, Business Finance, Investment companies, Aidan Birkett, Nakheel Properties, Sultan bin Sulayem, Dubai World
The leading UK index is down 98.12 at 5266.69, while Germany's DAX is off nearly 2% at 5689.51 and France's CAC has fallen 1.95% to 3728.35. There will be no guidance from Wall Street, since the US market is closed for the Thanksgiving holiday. Banks...
Tags: dubai, Dubai World, Dubai Department of Finance, Dubai Financial Support Fund, Dubai Sells, Abu Dhabi Banks, related entities, debts payments, Nakheel, european tour, United Arab Emirates, Abu Dhabi, Business Finance, Nakheel Properties, Developments in Dubai, Investment companies, Persian Gulf, Palm Islands, Emaar Properties, Palm Jumeirah, Emirates of the United Arab Emirates, The World, Artificial islands, Aldar Properties, Dubai Internet City, Credit rating agencies, Islamic banking, Al Raha, Dubai Holding, Sukuk, Economy of Dubai
The second tranche of Dubai’s $20 billion bond programme will be issued by the end of the year, a member of Dubai’s financial crisis committee said yesterday. Dubai sold $10 billion of bonds to the UAE central bank earlier this year to raise funds to...
Tags: Dubai World, Ruler of Dubai, Nasdaq Dubai, Nakheel, Dubai Holding, United Arab Emirates, Dubai, Nakheel Properties, Sukuk, Emaar Properties, Mohammed bin Rashid Al Maktoum, Economy of Dubai, Business Finance
Nakheel, Dubai’s leading property company and owner of the Palm development, offshore of the Gulf city, is in talks with Dubai World, its heavily indebted parent, over the repayment of a $3.5 billion (£2.1 billion) Islamic bond.
Tags: Nakheel
The government-owned conglomerate Dubai World is folding hotel and real estate assets from its Nakheel property unit into its Istithmar World investment arm, as part of the group�s restructuring. Several senior Nakheel executives have been transferred...
Tags: Dubai World, Istithmar World, real estate, Nakheel, United Arab Emirates, Dubai
Dubai on July 31 that Dubai World’s consolidated liabilities at the end of last December amounted to Dh217.8 billion, or about $59.1 billion, compared to total assets at that time of Dh365.8 billion. Analysts said that the information did little to alter...
Tags: Dubai World, Mirvac Group, Nakheel
While the exact reason for the merger hasn't been spelt out, as both parties are owned by Dubai World, analysts say that mergers such as these are a way of clearing the way for future growth. "I expect what is important now is for respective companies...
Tags: Palm Jumeirah, Dubai World, Nakheel, Dubai Properties