Nakheel to cut workforce
Monday, October 12th, 2009The Independent, a UK-based newspaper, reports today that Nakheel is about to slash 500 jobs. [more]
The Independent, a UK-based newspaper, reports today that Nakheel is about to slash 500 jobs. [more]
IFA Hotels and Resorts (IFAHR) has announced that major building work on the Fairmont Palm Residence has been completed. [more]
A South African newspaper is reporting that Nakheel is making plans to open the QE2 as a floating hotel in Cape Town. [more]
Zabeel Properties, a division of Zabeel Investments, has announced that it has handed over homes at the Tiara Residence to owners. [more]
Owners of residential units at the Golden Mile on the Palm Jumeirah began receiving their keys last month. [more]
Seawings launches sightseeing flights from Fujairah. Get a bird’s eye view of the Palm Jumeirah, Burj Al Arab, and other iconic landmarks. [more]
The light rail system on the Palm Jumeirah is now open. [more]
The monorail on Dubai’s Palm Jumeirah will now open ‘later this year’.
The Middle East’s first monorail system was originally scheduled to open in December 2008 but was later delayed to April 2009… [more]
Nakheel has announced that its massive mall expansion programme, announced last year, has been delayed by 12 months due to the current economic downturn.
In April 2008 the Dubai-based property developer unveiled plans that… [more]
Ukrainian property developer the Poznyakizhilstroy Corporation has confirmed that its Kempinksi resort development on the Palm Jumeirah is on track for completion in 2010.
The company also confirmed that construction work would… [more]