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Dubai's The World: A paradise that never was

Before the sub-prime caught the world economy off-guard, Dubai was planning several mega-projects, including The World, an artificial archipelago of various small islands constructed in the rough......

Abu Dhabi gives Dubai $10 billion to cover debt

The Dubai government said on Monday that Abu Dhabi has agreed to give $10 billion in emergency funds that will go toward paying debts owed by its Dubai World conglomerate. It said $4.1 billion of......

Loan rating cut for DP World's Indian units

Dubai World's troubles have begun to impact India. Icra, the rating agency, on Monday downgraded its ranking on loans extended to DP World's (a transport and logistics arm of Dubai World) container......

Shah Rukh Khan's Dubai villa gets income tax relief

Called Signature Villa, the property was gifted to him by Nakheel Public Joint Stock Company. The dispute was over whether this was a gift or payment for services Khan had rendered to the company.......

Dubai crisis: Nakheel asks for trading suspension

Emirates leading property developer, Nakheel on Monday asked for suspension in trading of all its (Sukuks) Islamic bonds as Dubai's and its neighbouring Abu Dhabi stock exchange went into a free......

Rediff News

Nakheel Properties

News for Nakheel Properties

Dubai's The World: A paradise that never was

Abu Dhabi gives Dubai $10 billion to cover debt

Loan rating cut for DP World's Indian units

Shah Rukh Khan's Dubai villa gets income tax relief

Dubai crisis: Nakheel asks for trading suspension

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