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Nakheel Pjsc

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Shah Rukh Khan's Dubai villa gets income tax relief

Called Signature Villa, the property was gifted to him by Nakheel Public Joint Stock Company. The dispute was over whether this was a gift or payment for services Khan had rendered to the company.......

S&P, Moody's downgrade 5 Dubai govt entities

The global rating agencies S&P and Moody's have downgraded the credit ratings for several government-related entities in Dubai on fears about the government's failure to provide timely financial......

QE2 sold as $100m floating Dubai hotel

Queen Elizabeth 2, the world's most famous cruise ship, will soon be turned into a floating hotel in Dubai. The Dubai World Company has bought the 70,000-tonne ship for $100 million through its......

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