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Nakheel Properties

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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.......

Dubai's The World: A paradise that never was

Before the sub-prime caught the world economy off-guard, Dubai was planning several mega-projects, including The World, an artificial archipelago of various small islands constructed in the rough......

Dubai opens world's tallest building to public

Burj Dubai, the world's tallest tower that stands at 828 metres high, was inaugurated on Monday by Dubai ruler Sheikh Mohammad, who sprang a surprise by renaming the skyscraper 'Burj Khalifa',......

Of financial bubbles and risk management

While the world was still recovering from the US financial crisis, the financial markets were recently rattled by Dubai's debt crisis. Let's understand what such events of financial enormity have......

Abu Dhabi gives Dubai $10 billion to cover debt

The Dubai government said on Monday that Abu Dhabi has agreed to give $10 billion in emergency funds that will go toward paying debts owed by its Dubai World conglomerate. It said $4.1 billion of......

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