Limitless looking to appoint legal and financial advisers for financial restructuring plan

Limitless, the Dubai-based property developer, has told creditors that it is looking to appoint legal and financial advisers to work on a...

Construction

Coronavirus: Nakheel announces $62m economic relief package for customers

Nakheel, the Dubai-based master developer, has announced a $62.6 million economic relief package for customers in the wake of the COVID-19 outbreak,...

Construction

Kleindienst Group says two phases of Heart of Europe to be delivered in October 2020

Kleindienst Group, the UAE-based property developer, has announced that work is in full swing on its flagship leisure destination – The Heart...

Construction

RTA says Deira Island bridges works 75% complete

Dubai’s Roads and Transport Authority (RTA) says that construction of the bridges leading to Deira Island is 75% complete. The scope of...

Construction

Nakheel’s Ali Rashid Lootah resigns and moves to Dubai World

Nakheel has announced changes to its board following the resignation of its chairman Ali Rashid Lootah. Lootah’s resignation follows an invitation from...