Dubai’s Nakheel reports 39% hike in net profit

The Dubai-based developer Nakheel has reported a 39% surge in net profit to $982.8 million for the first nine months of 2015.In...

Construction

Dubai’s Nakheel awards $96m Circle Mall deal to Drake & Scull unit

Developer Nakheel has awarded a $96m contract to build The Circle Mall in Dubai to a subsidiary of Drake & Scull, it...

Construction

Dubai’s Nakheel awards construction contracts worth $626m

Nakheel, the Dubai-based real estate developer, has announced three major construction contracts worth $626.3 million for its retail developments, including the appointment...

Construction

Dubai’s Nakheel awards $223m Palm Tower contract to two Abu Dhabi builders

Dubai’s Nakheel Properties has awarded two Abu Dhabi-based builders a AED819 million ($223m) contract to construct The Palm Tower, the company announced.The contract will...

Construction

Dubai’s Nakheel signs three contracts for Nad Al Sheba project

Nakheel, the Dubai-based property developer, says it has signed contracts worth $654 million with three construction firms to help build a residential and...

Construction

Dubai’s Nakheel inks deal with Premier Inn for Dragon City hotel

Dubai property developer Nakheel has signed a second management agreement with the UK-based Premier Inn, with the latest deal involving a 250-room hotel...