Nakheel - UAE

State-owned developer reports AED526 net profit on handovers of stalled project

Dubai developer makes first attempt to tap capital markets since major debt restructuring

Dubai Properties Group says long-awaited club will open in 2012, but will not be free

Tribunal warns jurisdiction issues may affect legal cases now developer is gov't-owned

Final villas in Jumeirah Village Circle project to be completed by middle of 2013

Indebted developer says will be carved out of parent firm Dubai World within weeks

Indebted developer to issue sukuk to trade creditors by close of second quarter

Investors to demand Golden Mile developer Souq Residences hands over completed units or issues refunds

Main suspect, Samir Chinoy, committed suicide in July; bribery case was dismissed on appeal

Property developer is in 'final stages of negotiation' and is confident of agreement

Struggling property firm appoints consultants to review claims made by creditors.

Trade creditors offered 40% in cash and 60% bond; Nakheel restarts Al Furjan project.

Nakheel says 85% acceptance of revamp deal; 95% acceptance 'within the near future'.

Unrated corporates outstanding debt $67bn; short-term debt seen at over 28% of total.

Nakheel may issue $3.2bn of five-year sukuk to pay contractors as part of its debt revamp plan.

Dubai World property unit, last month repaid AED2.5bn of AED4bn it owed to creditors.

Distress sale of three-bed apartment pushes value below $200 per square foot.

Few details of the proposals are known, but separate rates of interest are expected.

Nakheel to finish cash payouts by end-July; payout may ease cash pressure on contractors.

Dubai World-owned property company seeks to restructure $10.5bn of liabilities.

UPDATE 2: Discovery Gdns, Palm Jumeirah residents told AC would be cut off 'in error'.

Contractor also hopes to recieve 40% of $27.2m owed by Nakheel in June.

Investors who bought homes on a delayed project are hiring a law firm.

Builder said that it had received 50% approval from its creditors for repayment plan.

Dubai master developer says deal done on more than 50% of total claims by trade creditors.

Developer said DFSF has made available sufficient funds for full sukuk repayment.

Sukuk will be paid on time, 'assuming sufficient support' for restructuring plan.

Developer offers repayment via 40% cash and 60% tradeable security.

Developer tells tenants that work has resumed on much delayed communal areas.

Developer plans to issue the 5yr bonds in July and list sercurities on NASDAQ Dubai.

Passage of law would probably coincide with a move to raise foreign ownership limits.

Dubai offered to repay in full two sukuks issued by property unit Nakheel.

Developer also says investors have option of swapping credit notes for cash after 5 years.

Nakheel today announced on Thursday a comprehensive recapitalisation plan of its debt and liabilities.

Bankers in London and the Gulf are divided over restructuring of $26bn debt.

Some creditors are willing to take a 'haircut' on payments, others want full repayment.

Market is expecting a restructuring from Nakheel, rather than a 100% redemption.

Initial handover began last year; new handover will see 2,000 new residents moving in.

Safi Qurashi and Mustafa Nagri have been languishing in Dubai jail for six weeks.

CEO of Islamic bank says Nakheel struggle doesn't reflect special risks in Islamic finance.

Circus dance troupe says 'no indication' Dubai World subsidiaries want to offload stake.

EXCLUSIVE: Developers of the France and Spain islands on The World cite lack of demand.

Construction work begins on Greenland, more islands to start 'in coming months'.

Group sees big business opportunities in property and export trading.

The debt woes of Dubai property conglomerate Nakheel could prompt an overhaul of bankruptcy laws in the wider Gulf.

DIFC's chief economist believes greater clarity of ownership will emerge from the crisis.

Analysts warn that ME markets will continue to adjust as it seeks optimum price levels.

Credit default swaps fall as Abu Dhabi helps Dubai to meet its debt obligations.

UPDATE 6: Cash injection will enable repayment of $4.1bn Nakheel sukuk bonds due on Monday.

Damian Reilly on why the eyes of the world's media will remain firmly on Dubai for at least a few more days.

EXCLUSIVE: Dubai developer brands reports in media 'wholly inaccurate'.

UPDATE 3: Developer hit by charges relating to write-down on land values, delayed projects.

IMF offical expresses confidence in Dubai's ability to deal with debt repayment issues.

Filipino central bank chief says default will not have adverse impact on cash flows in near term.

Dubai developer asks for suspension following gov't announcement on Dubai World debts.

Dubai's flagship carrier has solid finances and no intention of cancelling orders - president.

Sulaiman Al Fahim on why concerns that Dubai’s debts could cause global problems are perhaps overdone.

The debt, which was originally due to mature on Dec 14 traded at 110 on Wednesday.

UPDATE 3: Cost of insuring Dubai's debt against default soars, DP World not included in restructuring.

Natsuko Waki looks at why governments in the Middle East and Asia are taking on a greater role to deepen Islamic finance markets.

Investors anxiously await the fate of Nakheel’s $3.5bn sukuk, & the next installment of Dubai’s $10bn bailout fund.

Why gov'ts in Muslim nations in the Middle East and Asia are increasingly turning to Islamic finance to raise funds.

Pair will be released after after posting AED1m bond following nine months in custody.

Property designs changed, but work on Dubai's 300 man made islands set to resume.

This year’s Cityscape Dubai had a very different feel to it from 2008’s blistering assault on the senses.

Show chiefs say no cheap rates are being offered, talks continue with other developers.

Owner says it remains confident about South Africa move despite reported problems.

Dubai bonds rally and debt risk drops on Sheikh Mohammed's assurances.

Stake sale realises $167m as developer faces major debt repayment at year-end.

UK golfer Lee Westwood says prize fund cut a reality in times like this; nobody is immune.

Uponor's multi-layer composite pipe (MLCP) system was used for the Golden Mile in Palm Jumeirah, a project recently handed over by joint-venture partners Nakheel and IFA Hotels & Resorts.

Dubai master developer does not say why it is changing redemption terms of Islamic bond.

This month's fmME Breakfast Club meeting - the forum for passionate industry leaders and knowledge sharers - delivered the constitution of the ‘Facilities Management Business Group'. Read on to find out just how important this step is...

EXCLUSIVE: Discovery Gardens residents say service charge has not been reduced enough.

Work on world's tallest tower project will not start until June 2010 at earliest - statement.

Coral moved from Dubai Dry Docks to The World to avoid damage from construction.   

Move streamlines operations at two companies, both of which are owned by Dubai World.

MGM Mirage will run the brand hotels in Dubai Pearl development near Palm Jumeirah.

Developer may get help to repay $3.52bn Islamic bond by Dec - gov't official. 

Transport chiefs say they will continue to carry out checks on Dubai's new $381m rapid transit system.

Monorail runs across Palm Jumeriah to become the first of its kind transport system in the Mideast.

Driverless train runs up and down The Palm and will link with the Dubai Metro due to open on Sept 9.

Statement says it will also focus on "managing customer collections", "debt maturitues".

One bedroom apartment on Golden Mile, AED108,000, plus three free months.

Contract with South Korea's Samsung C&T was for apartments and shopping malls.

UPDATE 1: Health chiefs send out letters after reports of algal bloom in UAE waters.

Palm Jumeirah's $381m rail project, originally slated to start in April, will now open later this year.

Master developer also reiterates commitment to transform world famous liner into hotel.

Tycoon John O'Dolan reportedly suffered financial worries amid global downturn.

Owners of Great Britain on Nakheel's ‘The World' project are determined to beat the real estate slump.

Developer says 'all options' being considered, insists ship is not for sale.

One of the detainees is the former managing director of Nakheel's Waterfront plan.

Executives of Dubai-based developer Nakheel have insisted that the firm is still pushing ahead with major projects despite reports of setbacks in the final months of last year.

Master developer vows to hand over more than 1,000 homes by end of the year.

Nakheel chief makes announcement following first official trip along 5.45km track.

Company says move 'in keeping with business objective', adds no jobs will be lost.

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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

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

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

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.

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

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.

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

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.

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.

Dubai property giant aims to target new acquisitions in US, Britain and Australia.

The race to build the tallest says much about the values of society. Should building tall be a source of pride?

The entertainment giant reveals its exclusive design and show plans for the UAE.

Hyder to design and deliver Palm Deira bridges.

Hoteliers on The Palm can learn a lot from the experience of their colleagues working in properties near the Dead Sea in Jordan.

UPDATE 1: Emirate's public prosecutor promises strict and prompt action against offenders.

Talk of the construction bubble bursting is never far, but Dubai has confounded doom-mongers.

UPDATE 1: Media reports say general manager of sales being questioned by police.

Company's bid to 'ensure transparency and regulation of procedure'.

Island developer reveals trials will start in October for $400mn Dubai transport system.

Sales restrictions on Trump tower could be broadened to include future Nakheel launches.

Nakheel says investigating incident which saw decorative panels fall from ceiling.

With 60% of the infrastructure work on Jumeirah Village complete, the project is on time for its first handover at the end of the year, reports features editor Shikha Mishra and photographer Valeriano Handumon.

UPDATE 1: Call for 50% capital-gains tax on profits of short-term property sales.

The UAE is a haven for waterfront properties, especially ludicrously expensive ones.

Palm Jebel Ali's reclamation work is almost complete – a true feat considering the project has doubled in size since its conception. Features editor Shikha Mishra and photographer Dmitry Dolzhanskiy take a look.

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Dubai-owned developer says plans five hypermarkets in own developments by end of 2008.

Nakheel announced today the creation of HyperCorp LLC, a joint venture company with the Auchan Group, one of the world's largest food retailing groups.

Has Donald Trump bitten off more than he can chew with his ambitious plans for Dubai? He doesn't think so.

EXCLUSIVE: Billionaire tycoon to develop 'One&Only' resort on The World development.

Property tycoon says he would 'love' to invest in golf course in emirate, in talks with Nakheel.

The GCC Leadership Summit '08 labour conference busted so many stereotypes held by labour unions and employers.

Security will be a top priority for the Trump International Hotel & Tower Dubai to avert potential terrorist attacks.

Developer teams up with Australia's Gold Coast City Council on Blue Communities.

New firm, Tashyed, to target UAE's real estate market, set to begin 2 projects.

World-famous circus reported to have received Dubai takeover bid, could value company at $2bn.

Dubai World-owned Nakheel has awarded a joint venture of Al Habtoor and Murray & Roberts a contract worth US $790 million (AED2.9 billion) for the construction of the Trump International Hotel and Tower on the Palm Jumeirah.

The leisure industry revealed a united front and shared ambition at last month's Arabian Travel Market (ATM) held in Dubai.

Royal Haskoning Architects has unveiled its design for a project that will put Palm Jebel Ali on the map.

World's tallest building now worth more per square foot than rival on Palm Jumeirah.

Plans to refurbish and refit the QE2 as a floating hotel next to the Palm Jumeirah are still being finalised, according to QE2 Enterprises chief executive Manfred Ursprunger.

Pangkor Laut Luxury Resort, Residence and Spa Village, a five-star resort property being developed on The World, was unveiled to potential investors at a gala dinner reception, held at Westin Dubai, Mina Seyahi Beach Resort last month.

Dubai developer aims to offer 'affordable housing' with Badrah district in mega project.

Kuwait hotel developer plans extension to Kingdom of Sheba resort on crescent of manmade island.

Construction Week visits the construction site of Nakheel's epic Waterfront project, which will be twice the size of Hong Kong when completed.

Azizi Investments recently made its Dubai debut. But there's more to this developer than meets the eye.

Dubai-owned developer plans to tap debt market again before end of year, chief executive says.

Dubai World subsidiaries bring EasyHotel brand to region.

Nakheel has awarded a $272 million (1 billion dirhams) infrastructure contract to Khansaheb Civil Engineering to develop the first phase of its family-oriented residential community, Al Furjan.

Design and concept of two islands on Dubai mega project still under review, says Salya.

Property developer Nakheel has launched a residential project on its Dubai Waterfront development called Veneto.

Hypermarkets division tipped to sign deal with international brand, as part of company's mammoth expansion.

Developer to create 100 shopping centres over 20 years to cater to its three million-strong Dubai communities.

In his second article, Mukund Karnick, senior contracts advisor at Nakheel's Palm Jebel Ali, broaches the topic of Nominated Subcontractors (NSC).

Half of GCC real estate investors do not favour any particular property developer, according to survey.

Jewellers will open new stores in Dubai skyscraper and on Palm Jumeirah island by end of this year.

Dubai developer begins sale of residences in world’s largest coastal development.

For centuries, technological innovation has been the facilitator behind transcending the boundaries laid down by nature.

Under fire developer says it is 'looking at various scenarios' after investor backlash.

Football star David Beckham gives Palm Jumeirah mansion to parents of 'Posh Spice'.

UAE property developer Nakheel has signed BIW to provide project management applications through software as a service model

Palm Jebel Ali master developer Nakheel 'very surprised' at Damac project cancellation.

Nakheel has launched the Emirates, its final and tenth precinct in the residential district of International City.

Is your HR a partner or a player? Let me explain what I mean by that question...

How investment trusts are looking to tap demand for indirect property investment.

Nakheel Hotels chief executive Joe Sita discusses the company's strategies in the shadow of looming global economic uncertainty and explains why he is quietly optimistic about 2008.

With a hectic life as a banker in the city, Karim Naccache has created his perfect weekend getaway with a shoreline apartment on the Palm.

Nakheel launches massive Waterfront project.

Dubai's tourism industry should set standards for the future, not repeat the mistakes of the past.

Rough shaping on the Fire and Earth courses at Jumeirah Golf Estates is now complete and fine shaping 80% finished, according to a representative of the development.

Island on Nakheel's The World archipelago to be launched under 'V...' boutique hotel brand.

Dubai-owned developer agrees to buy 50% of Los Cabos resort, first foray in Latin America.

New world's tallest building to be built in Middle East region, double height of current record holder.

The Cinnovation Group has announced the acquisition of the Nova Island in Nakheel's ‘The World Islands' project where it will build a "luxurious hospitality haven".

The development of Dubai's home mortgage security arrangements is one of the industry's most interesting stories.

WORLD EXCLUSIVE: The latest films and photos of world's tallest structure in Dubai after 600-metre breach.

Nakheel Hotels chief executive Joe Sita has ruled out entering the mid-market hotel sector in the short-term future.

In February 2008, Talal Malik took a VIP helicopter trip over Dubai and The World islands. Here he explains why he decided to do something quite unexpected as the helicopter was taking off...

Thai-hotel operator reveals plans for its three luxury developments on The Palm Jumeirah.

Angela Giuffrida takes a look at the challenges faced by Nakheel as it continues work on its impressive but ambitious offshore project, The World.

The Palm Jumeirah's biggest investor talks about the ambitious developments for the man-made island.

Reversing climate change, one city at a time.

A city of bold contrasts and huge ambition, Dubai is pulling out the stops to boost tourism infrastructure.

Plans are being drawn up for a shopping mall on Nakheel's Palm Deira that will be ‘among the biggest in Dubai'.

French firm tipped to win foundations contract for what could be world's tallest building, sources say.

A large expo is to take place to take place at the National Exhibition centre in Abu Dhabi on the 28-30 April.

EXCLUSIVE: Firm took out injunction against Dutch broker using Palm name last year.

EXCLUSIVE: Launch of The Universe raises concerns among buyers of The World's islands.

There is huge demand for women's only banking services across the Middle East prompting several banks in the region to launch female only products. Dubai Islamic Bank has gone one step further by opening five official women only branches and launching a women's credit card and auto finance as part of its Johara service. Rana Hindawi, product development manager at Johara, tells Holly Sands more about the service.

Dubai property firm says initiative aimed at raising environmental awareness.

Once the preserve of the ruling Chinese dynasties, Feng Shui is now a global phenomenon impacting interior designers in the Middle East. By Adam Dawson

Nakheel has set up a training school providing health and safety courses for construction firms.

Sara Moore, principal and board of directors, tells COD about Burt, Hill's rapid growth in the Middle East, and the firm's plans to bring a little piece of New York to Jebel Ali Village.

WORLD EXCLUSIVE: Last rock is placed to complete iconic 300-island project in Dubai five years on.

Dubai-based developer reveals latest waterfront real estate project.

Omar Mourad, Planning Manager, Nakheel's The World, talks about the challenges ahead for a construction industry that needs to save time.

Nakheel has awarded the first building contract for homes at Dubai Waterfront to the Mammut Group.

Dubai World consolidates hotel business under one banner.

Dubai-owned real estate developr will use proceeds to finance general corporate activities.

The 2006 figures for carbon trading show that climate change is already having a major impact on global financial markets. Edward Poultney explains why companies need to be prepared and get in at ground level.

Property developer invites school students to learn about marine preservation.

A shift in focus from Dubai property giant Nakheel will usher in a new culture of sustainability for the group.

Claire Ferris-Lay talks to Hyder Consulting about how they build eco-friendly design into buildings, central to Dubai's green strategy..

Global travel and trade summit comes to the Middle East.

Hollywood's Brad Pitt and Angelina Jolie buy 'African' private island.

Even though the region's road to sustainable development is a long one, Nakheel's latest announcements could put the developer in pole position.

Sustainability has become a hot topic throughout the UAE thanks to a mandate issued by Sheikh Mohammed.

Thousands of property professionals flooded Dubai last month for the world's largest property expo. Arabian Property reports on the real estate mega event that was Cityscape Dubai 2007.

If anyone was in doubt about the long-term future of the Middle East's construction industry, two events this month should have proved reassuring.

In the first of a four-part series on leadership, Dr Tommy Weir delves into the issue of what constitutes a good leader.

Chinese businessman behind 'Shanghai' buy will bid to purchase every one of the six islands that represent China on iconic project.

It is already the biggest real estate show in the world, and this year's exhibition got even bigger.

Owner of The World's ‘Shanghai' island Bin Hu on how he hopes to buy a whole string of islands.

CITYSCAPE: Many firms just paying 'lip service' to sustainability, says CEO O'Donnell.

CITYSCAPE: Firm to focus on sustainable development, set up standards in areas like human rights.

Unique set of images shows transformation of the Dubai landscape over past, present and future.

With its many audacious projects, Nakheel has achieved more than most firms achieve in a lifetime.

Palm Jebel Ali's sheer scale puts its celebrity-endorsed neighbour Palm Jumeirah firmly in the shade.

Dubai-based property giant considering listing in next two years in bid to fund new projects, CEO says.

Nakheel sells island on man-made archipelago to prominent Chinese businessman.

Nakheel's Marina Residences development on The Palm Jumeirah is now 20% complete.

Nakheel's Design Group plans to design LEED accredited green buildings.

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Nakheel has completely sold the first phase of its family-focused Al Furjan development in Jebel Ali, Dubai.

Large government developers are keeping the UAE ahead in the environmental sustainability stakes.

Buying a piece of the Dubai dream is now easier than ever for expatriates. Our step-by-step guide to mortgages.

Developer will create up to 200,000 units in Dubai over next 10 years to calm market.

Dubai World subsidiary teams with The Extreme Group to roll out a new food and beverage chain in the UAE.

Off-plan property purchases have proved hugely beneficial for buyers in Dubai over recent years.

The $5.2bn MGM Mirage deal is a bold new move for Dubai World. Does a fortune lie waiting in the Nevada desert?

Long-standing Dubai community set to be redeveloped to address the growing demand for housing.

Uncertainty over UAE property laws has real estate agents calling for clarification.

Civils contractor, Wade Adams, has won the US $136 million (AED500 million) infrastructure package for Al Oud district at Dubai Waterfront.

Arabian Forasol selected as contractor to carry out enabling works package on the Trump Tower in Dubai.

Marwan Al Qamzi, managing director, Palm Jebel Ali, dispels rumours of any redesign on Nakheel's second offshore island.

SMRT Engineering wins a competitive tender to manage all day-to-day operations for the Middle East's first monorail.

Al Masaood Bergum wins $64mn contract for construction of Nakheel's labour camp at Dubai Waterfront.

Curiosity over how constructing an artificial island is done was one reason Nakheel's CEO left Australia for Dubai.

How can you guarantee projects on time, within budget and to a high quality? By partnering and prefabrication says Charles Lever, regional manager for MEP contractor Rotary-Humm (M&E) Services UAE. Alison Luke reports.

The Australasian continent on The World development is now at final design stage.

NSCC has begun piling work on part of a new residential community being developed by Nakheel.

Melissa Hancock speaks to GE's Middle East CEO Nabil Habayeb, on the company's strategy for the Gulf region.

The real estate giant has launched its newest residence project in Dubai's Jumeirah district.

A helicopter was provided at last month’s Arabian Travel Market to get a full appreciation of Nakheel’s projects, which, as Manal Shaheen explains, still have a lot of surprises to offer.

Dubai-based property developer Nakheel has taken two major steps to ensure the success of its future developments.

Surveys by Nakheel show that most visitors to Dubai are originate from the UK.

The properties giant is bringing in a team of international experts to review its projects' environmental aspects.

Zabeel Investments teams up with Sembol Construction to form ZSML, which will hunt for projects within the UAE.

Olive Group will undertake security risk work at the Tall Tower, Dubai Waterfront.

UPDATE: A fire on the man-made island has engulfed two buildings under construction and injured three people.

Property giant Nakheel is to build a state-of-the-art facility to accommodate construction workers.

Rumours are quashed that rocker Tommy Lee has bought an island retreat in Dubai for ex-wife Pamela Anderson.

Nakheel has announced a groundbreaking joint venture with Indian hotel group Bharat Hotels (BH).

A workshop to organise the development process between investors and Nakheel kicks off the Dubai Waterfront handover.

The largest of Dubai's trio of manmade islands is to be shortened by 5km but will have more beach areas.

Construction firm Larsen & Toubro will build a residential complex on Dubai's Jumeirah Islands.

Al Habtoor Engineering has been appointed as the main contractor on the US $272 million (AED1 billion) Kempinski Palm Jumeirah Residences and Hotel.

Samsung Corporation, the trading and construction arm of South Korea's largest industrial group, has won a US $350 million (AED1.2 billion) contract to build a bridge to Nakheel's Palm Jebel Ali.

Integrated home entertainment systems to add value to property.

Shimizu Corporation will oversee the US $150 million (AED550 million) MEP installation on the latest project to be announced by Nakheel on Palm Jumeirah.

Dubai World has centralised its retail activities under the Nakheel banner following the creation of a new retail property division - Nakheel Retail.

Arabian Gulf seawater now covers the 1.4km underwater roadway.

The cofferdam on the Palm Jumeirah's sub-sea tunnel is currently being flooded and is scheduled to be completed this week. With work progessing to open the access route between the crescent and the trunk, Christopher Sell was invited onto the site to witness another stage of Nakheel's offshore show.

Nakheel's relaunch of the development in May should put the rumours to rest.

Can a tall building be built sustainably? Matt Plumbridge, Nakheel’s project manager on the Dubai Waterfront’s Al Burj, explains to Alison Luke how he believes that world change can be triggered in the UAE’s construction market, given the right team and attitude.

The Manchester Business School in Dubai has launched an MBA course for Construction Executives

Home owners frustrated as Palm Jumeirah's master developer continues to tinker with plans.

Plans to slice the East and West Parallel Roads through the Springs and Meadows have been met with defiance by local homeowners. Conrad Egbert reports on how the residents committee is proposing an alternative route for the East Parallel scheme to lessen the impact on 6,000 families.

India-based construction company, Larsen & Toubro, plans to compete for more work in the GCC after recent contracts wins on several major projects.

Nakheel subsidiary, Dubai Waterfront Company, has released 2,500 Sobaity and Safi Arbi fish into the sea near the Dubai Waterfront Site

Health and safety

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Chris O’Donnell, chief executive of Nakheel talks to Construction Week about the handover of the first apartments on the Palm Jumeirah and what the future holds for the company in Dubai.

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Rather than slowing down, Dubai’s developers are continuing to dream up new projects, meaning more and more opportunities for investors. Hashim Al Dabal, CEO of Dubai Properties, reveals his multi-billion dollar plan to take one of Dubai’s largest developers forward