Federal government will support Dubai as it tackles its $26 billion debt. Dubai will not be left without federal support as it deals with a debt of $26 billion, Shaikh Hamdan Bin Rashid Al Maktoum, Dubai Deputy Ruler and UAE Minister of Finance, told rep...more
.: 07.03.2010
Nakheel begins handover of final Marina Residences tower
Nakheel has said that handover of the sixth and final tower of Marina Residences in Palm Jumeirah has commenced, with residents likely to move in within the next few weeks. The waterfront development features six residential towers containing a mix of apa...more
.: 07.03.2010
Barwa in $2bn project takeover talks
Khalid al-Nasr, general manager of Qatari developer Barwa Real Estate has said that the company is in talks over the possible takeover of its Barwa City project, worth about $2bn, by a government body, Reuters has reported. He said that, if negotiations a...more
