Nakheel reported a 4% dip in its net profit for the first six months of 2018, to AED2.51bn as compared to AED2.61bn in the same period in 2017.
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Nakheel is investing AED15mn to increase boat mooring capacity on Palm Jumeirah, with two new marinas that will bring the total berths on the island to 600.
Nakheel and Centara Hotels & Resorts inked their AED500mn JV with a contract worth AED290.5mn to build a 601-room beachfront resort at Deira Islands.
Nakheel hosted the Korea Financial Investment Association (KOFIA), which is visiting Dubai to assess investment opportunities in the emirate.
Nakheel completed the new AED60mn retail pavilion where more than 800 households at its Badrah and Veneto communities in Dubai can look forward to.
Master developer Nakheel has welcomed the Roads and Transport Authority (RTA) opening of the first phase of a AED400mn roads scheme at International City.
This year, the reputed developer in Dubai, Nakheel, moves up two spots to bag the sixth position in the Power…
Nakheel is assessing 11 proposals, with the lowest bid at just under AED650mn, for the construction of Dragon Towers in Dubai.
Construction of the third expansion at Dragon City an AED169mn showroom and car park complex has reached the 80% mark, Nakheel announced.
Master developer Nakheel has awarded a contract worth AED447mn for the construction of a 12-lane bridge connecting the Dubai mainland with Deira Islands.