Ali Rashid Lootah | Al Bawaba

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Construction of Deira Mall will begin this year, with completion expected in 2021. (Courtesy of Nakheel)

February 20th, 2018 - 04:00 GMT

In Pictures: Nakheel Unveils New Mega-Mall in Dubai, Middle East's Biggest

Nakheel this week signed a contract for the construction of Deira Mall, the biggest mall in the Middle East.

The 2016 results – which take Nakheel’s cumulative results since 2010 to Dh19.9 billion – follow improved year-on-year performances by the company’s retail, hospitality and residential leasing businesses. (File photo)

February 1st, 2017 - 12:00 GMT

UAE developer Nakheel announces record $1.35B net profit

Cycling is one of the fastest growing activities in Dubai, with an ever-increasing number of events, initiatives and groups promoting the sport. (Shutterstock/Philip Lange)

January 19th, 2017 - 07:00 GMT

Nakheel to build over 105 kms of bike tracks in Dubai

Nakheel was one of the developers worst hit by Dubai's real estate crash at the turn of the decade, forcing the firm into a massive $16 billion debt restructuring. (File photo)

August 22nd, 2016 - 01:03 GMT

Nakheel moves out of the red as restructuring period ends

The project is divided into several phases and Empower will produce 30,000 RT by the fourth quarter of this year. (Nooz.com)

July 20th, 2016 - 04:44 GMT

Just chill: Nakheel awards $490M contract to Empower for Dubai cooling plants

Al Bawaba

November 1st, 2015 - 06:07 GMT

UAE: Nakheel to partner with Thailand's Centara for Deira Islands beachfront resort

Nakheel had piled up a mountain of debt during five years of rapid growth in Dubai's property sector.

January 25th, 2015 - 09:29 GMT

$1billion and counting: Dubai's Nakheel posts 43% profit surge

Al Bawaba

April 15th, 2014 - 09:57 GMT

Why Dubai is NOT building more hotels for World Expo

Nakheel wants to use their own funds to back up its new project activity as much as possible. (Image credit: Shutterstock)

January 5th, 2014 - 07:56 GMT

Buoyed by UAE real estate market, Palm Deira developer steps up activity

Nakheel tower

June 26th, 2013 - 09:47 GMT

Dubai developer Nakheel in talks to refinance $2.2 billion loan