Palm Jumeirah - The palm shaped artificial island in Dubai

Nakheel Commences 40 per cent Cash Payments To Creditors

Dubai, 30 June, 2010 : Following the signing of substantial restructuring agreements by Nakheel, it announced that it has commenced paying the second phase of cash payments to its creditors. Mr Ali L [...]
Jun30.

Air Conditioning Threat At Dubai’s Palm Jumeirah Resolved

Nakheel, the real estate firm whose prestigious Palm Jumeirah project was spoken about a lot recently, has now clarified that the dispute between them and the air con facility suppliers is a thing of [...]
Jun14.

20% Fall In Palm Jumeirah Prices

According to certain business leaders, the prices for properties in Palm Jumeirah are set to plummet by up to 20% over the next 12 months. The special meeting of nine senior business leaders of the Ar [...]
May24.

Palm Jumeirah’s Zabeel Saray To Be Functional By The End Of The Third Quarter

Palm Jumeirah’s highly awaited five star resort, Zabeel Saray, is scheduled to be completed in the third quarter of the current year. Once this has been completed, this five star resort by Rixos wil [...]
May12.
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