ArabianBusiness.com - Middle East Business News
Friday, 09 January 2009 12:59 UAE time

YOUR DIRECTORY /

Nakheel

Main Category: ANCILLARY SERVICE PROVIDERS
First Address : 17777
Second Address : 37th Floor, Al Shatha Towers, Dubai, UAE
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3903333
Fax: 971 4 3903314
Email: info@nakheel.com
Website: www.nakheel.com


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ALL STORIES LIST


Nakheel offers help to World sub-contractors

Master developer works with banks to devise finance packages amid credit crunch.

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Villa prices fall by up to 45% amid real estate slump

Homes on flagship Dubai developments see large falls as investors seek to sell.

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Nakheel in talks with bankers over IPO - report

UK media report suggests developer could look at dual listing in Dubai and London.

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New home buyers eye UAE eco-friendly move

Survey reveals importance of green projects to prospective property investors.

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UAE's Q4 construction deals fall by 85% - report

Less than $15bn worth of contracts awarded, compared to $98bn in same period in 2007.

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70% of The World islands 'sold'

Project chief says nearly three quarters of the man-made islands off Dubai have been snapped up.

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Nakheel on course with huge landscaping initiative

Developer's nursery aims to grow 4mn plants per year to 'green' new projects.

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Nakheel has money to fund current projects: CEO

UPDATE 1: But Dubai developer has no plans to launch developments as sales are slowing.

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Policy matters

As old economic certainties start to fade away, health and safety is often the first thing to be compromised. SFS finds out how ensuring a business has a good HSE policy is one way to beat the banker.

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Construction giants vie for Nakheel Tower deal

EXCLUSIVE: Three big players bid for pre-construction contract.

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Just 4% feel their job is safe as global crisis bites

Arabian Business poll reveals widespread fears about future job losses in the Gulf.

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Into the red

With peak oil but a distant memory, what does crude below $50 a barrel mean for economies in the Gulf?

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Nakheel denies talks over sale of firm

Dubai-owned developer rubbishes speculation it will merge or axe more jobs amid financial crisis.

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Nakheel mulls $15bn IPO move - reports

Palm developer reportedly eyeing initial public offering in bid to raise extra funds for projects.

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Nakheel to cover Leighton costs over Trump tower delay

Dubai-owned developer has agreed 'to cover all costs incurred to date', firm says.

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Nakheel suspends work on landmark Dubai projects

Trump tower one of several to be delayed in addition to 500 job cuts amid financial crisis.

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Nakheel cuts 500 jobs

Dubai developer reduces workforce by 15% as it scales back projects amid global financial crisis.

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World's tallest tower plan 'will not be delayed'

EXCLUSIVE: Nakheel CEO says skyscraper project unaffected by global slowdown.

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Crowds cheer QE2 into Dubai

UPDATE 3: World famous ocean liner arrives in emirate as she prepares for new life as luxury hotel.

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Nakheel in talks with major hotel firms over QE2 future

Palm developer will hand over the running of new luxury hotel, due to open in 2012.

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Dubai gov't denies Emaar, Nakheel merger

UPDATE 1: Gov't says merger not on cards after comments by Emaar chairman.

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Slowdown must not be allowed to damage 'green' agenda

Environmental concerns must not be allowed to slip down the industry's agenda in the face of the global economic downturn, a top international consultancy has warned.

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Nakheel to scale back projects

Dubai-based master developer Nakheel has said that it will scale back some of its projects because of the global economic slowdown.

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Hundreds sign online QE2 funnel petition

Campaign launched to call for return of world-famous liner's iconic structure to Southampton, UK.

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Cirque du Soleil returning to Dubai next year

Canadian circus to perform Alegria show from March 5 to April 5 at Ibn Battuta Mall.

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85% believe real estate sector woes will get worse

Arabian Business poll reveals pessimism as global slowdown hits property market.

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Nakheel poised to scale back some projects

UPDATE 1: Palm developer says move is in response to global slowdown.

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Palm shut down for Atlantis opening

Restrictions placed on access to Dubai's Palm Jumeirah for hotel's grand opening on Thursday.

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Nakheel says it has seen slowdown in sales

Developer says demand still outpaces supply, adds it is being 'prudent' regarding jobs.

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World class theatre part of QE2 revamp plan

More details emerge about plan to turn ship into one of Dubai's top tourism venues.

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Advertising a sign of the times

Booming real estate has allowed the regional advertising sector to grow fat. But there may be lean days ahead for the media industry as spend declines on cooling demand for property.

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Bids due shortly for Palm Deira hotel

Nakheel will shortly begin the tendering process for its latest flagship building to be located on the reclaimed Deira Front area of Palm Deira.

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World's tallest tower secrets revealed

Architects behind Nakheel Tower plan show how 1km high building will defy high winds.

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Hundreds of cabins to go in QE2 hotel refit

More details revealed about ship revamp, due to arrive in Dubai on Nov 26.

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What lies beneath

Damian Reilly visits the aquarium at the Atlantis hotel in Dubai.

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Nakheel rolls out Infor asset management solution

Property developer takes $3 million in licences to extend asset management system across all projects

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Royal Bay to begin tendering early 2009

The tendering process for VIP Waterfront's US $490 million (AED1.8 billion) Royal Bay development will begin in "four to five months," according to the developer.

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United in Dubai

United Designers is no longer ‘resisting' the area, says the company's creative director.

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Work starts on $517mn Palm Deira bridges

Developer Nakheel says design work on three 12-lane structures is now complete.

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Property prices on Palm Jebel Ali fall by up to 40%

EXCLUSIVE: Off-plan hotspot hit by global crisis as investors are forced to reduce price.

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QE2 final journey badges stolen, on sale on eBay

Special gifts from ship captain to crew on final trip to Dubai end up on auction website.

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Reaching for the stars

As buildings continue to grow in size and scope, they're creating a new set of engineering rules.

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Nakheel announces Forbidden City

Dubai-based master developer Nakheel has announced its Forbidden City project in International City.

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Date set for arrival of QE2 in Dubai

The world's best-loved cruise ship to arrive on Nov 26 for new life as premier tourist attraction.

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Behind the scenes: Nakheel's tallest tower plan

IN VIDEO: From conception to launch, Arabian Business brings you the official Nakheel Harbour and Tower video.

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Nakheel denies halt to Palm Deira dredging

Dubai-owned developer says work 'ongoing as planned' following media reports.

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Testing begins on Palm monorail system

Two trains are now on track in Dubai, 5.45km rail project on schedule for April 2009 opening.

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Engineering value

How can the principles of value engineering benefit your contracts? In an MEP special, Arkady Siterman and Eugene Siterman outline what you need to know, while Paul McConnell explains how it’s being applied at the Trump Tower Hotel project.

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Nakheel may scale back land reclamation

Developer looks to cut costs, but says no need for external financing until 2010.

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Nakheel seeks sand beyond Dubai's waters

Nakheel may be running out of sand for its land reclamation projects, according to the firm carrying out the dredging work.

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Developer Nakheel's H1 profits surge to $770mn

Gov't-owned Dubai-based company says performance boosted by higher sales.

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40% say race to build tallest tower is 'inappropriate'

Arabian Business poll reveals opinions are split over Dubai, Saudi projects.

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RMJM to masterplan Madinat Al Soor

International architect to make use of Arabic town planning techniques.

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Engineers appointed for world's tallest tower

Structural engineers WSP Group win contract for Nakheel's Harbour and Tower project.

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EFG-Hermes casts doubt on Nakheel mega-tower

UPDATE 2: Nakheel maintains global downturn to have limited impact.

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Race to the top

Architects from around the world are flocking to the Gulf to help developers in their race to the top.

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Nakheel tower dwarfs Emaar's Burj Dubai

Last week Dubai-based developer Nakheel finally announced plans for its own tall tower in Dubai that will dwarf rival developer Emaar's Burj Dubai - the current tallest structure in the world.

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The final frontier: Palm Deira

It might be the least talked about of the Palms – but the Palm Deira is right on schedule with its reclamation work.

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Palm Deira seeks sub-developers month

The Palm Deira is looking for sub-developers to build on the new reclaimed land.

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Kling wins consultancy contract for Ozean Towers

UAE-based Tiger Properties has appointed German engineering consultant Kling Consult as chief consultant for the Ozean Towers on the Waterfront project.

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Good news, bad news

Last week was very dramatic, which is a subtle reminder, in case it slipped our minds, that we’re in Dubai.

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Consolidation on the cards

In these uncertain times, investors are looking for a sign the real estate sector can adapt to the shifting global economic climate.

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Brighter days ahead

The founder of Australia's Sunland Group says the Gulf market may be in better shape than most.

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Palm Deira unaffected by market turmoil

Construction and sale of plots on largest of palm islands going ahead as scheduled, exec says.

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Nakheel's 'wait and see' policy on investment

Senior company exec says firm will not make opportunistic purchases amid slowdown.

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Nakheel pulls off Cityscape coup

How the Dubai-based developer stole the show before it even started with news of its plan to build world's tallest tower.

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Design unveiled for new world's tallest tower

UPDATE 1: Movie stars Catherine Zeta Jones and Michael Douglas at launch event in Dubai.

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Holding back the tide

Nakheel's CEO faces his toughest challenge yet in protecting the firm from cooling global real estate demand.

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Battle to build the new tallest

Dubai-based developer Emaar could make a surprise announcement this week of a possible plan to build a new skyscraper.

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Arabtec bags US $653m Atrium job from Sunland

Arabtec Construction has won a US $653 million (AED2.4 billion) contract from Dubai-based Sunland Group for the construction of The Atrium at Waterfront, which is located in the Madinat Al Arab precinct of Nakheel's Dubai Waterfront development at Jebel Ali.

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IGY to develop US $116m Palm Jumeirah Marina

New York-based Island Global Yachting (IGY) group is set to develop and manage a US $116 million (AED425 million) yacht marina on Dubai's Palm Jumeirah.

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Nakheel shelves $760mn REIT sale plan

EXCLUSIVE: CEO confirms rethink on listing proposals amid global markets turmoil.

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Monaco aims to start work on Palm replica in 2011

Mediterranean tax haven plans to copy Dubai with $15bn peninsula project.

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Aquitainia’s swank US $1.49bn Hollywood face

Hollywood actress Hillary Swank has been roped in to be the face of the new US $1.49 billion (AED5.47 billion) Aquitainia development on The World islands mega development according to the project's joint developers Select Property and Select Group.

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Community development

Chris O'Donnell, CEO of Nakheel, talks up his organisation's leadership role.

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War and peas

As the UK’s credit crunch forces more supermarkets to enter the price battle, Middle East retailers are moving in a totally different direction.

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The filter factor

Membrane technology for waste-water reuse is providing solutions to developers' water needs.

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Building on water

Running out of land to build on? Land reclamation comes to the rescue as the Middle East region moves towards the open sea to house residents and build hotels, says Shikha Mishra.

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AC to supply Palm Jebel Ali pipework

Advanced Composites (AC) has won a US $15.7 million (AED58 million) contract to supply and install the district cooling pipe network at Nakheel’s Palm Jebel Ali Crescent A development.

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Chris O'Donnell talks about Atlantis fire

With less than a month to go before the opening of the Atlantis Hotel on Dubai's Palm Jumeirah, Nakheel CEO Chris O'Donnell received a rather rude awakening when fire struck the lobby of the building at 7am on September 2nd.

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READER COMMENTS

  1. Shopping fest to offer bigger bargains amid global gloom 9
    09 Jan ' 09 at 11:09
    I agree with DG in tha the landlords are to beblamed for the hiked prices. It always goes back to them, cause they are the ones in...  More »
  2. RERA clamps down hard on developers 5
    09 Jan ' 09 at 12:15
    I think they are doing a good job with the fly by night developers.This regulation is on par with those eslewhere in developed and...  More »
  3. UAE gov't mulls plan to help redundancy victims 4
    09 Jan ' 09 at 03:16
    Good move by the Govt to save the expats losing jobs and also the economy being affected. UAE and GCC countries has long been very...  More »
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