Dubai's Nakheel repays more cash to lenders

Andy

To the best of my knowledge they are paying back a portion of the interest and penalties of which were past due. They are negotiating to delay paying back the actual amount and even the minimum payments due. I have a payment that I am supposed to collect on and I have not collected interest or any thing and it has been 10 years now.

Mhd Shzn

Always believed Dubai's return to a healthy economy would be linked to the return of Nakheel.

May God bless and guide Nakheel to prosperity and in turn bless the patient investors (and victims) who suffered the wrath a global financial crisis.

Dubai is truly back and in growth, mabrook all who held.

Daud Al Zainey

@ Mhd, well, held is the operative word because they are still holding my money and the money of many hundreds of other buyers even though the project is cancelled.

leo50

and commiserations to all who went under awaiting their money!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Features & Analysis
What happens when Dubai's lights go out?

What happens when Dubai's lights go out?

With about one-fifth of Dubai properties voluntarily left vacant...

Facelift or folly: Belgrade braces for Dubai-style makeover

Facelift or folly: Belgrade braces for Dubai-style makeover

Construction for the Belgrade Waterfront project is due to kick...

How potential loopholes could limit impact of Saudi land tax

How potential loopholes could limit impact of Saudi land tax

Move aims to help the government meet promises to build 500,000...

Most Discussed