Construction work on the Nakheel Tower in Dubai, destined to become the world’s tallest when completed, has been stopped for 12 months. Several labourers working on the ambitious project have been ...

DUBAI, Jan 14 (Reuters) - Nakheel, the state-owned developer of Dubai's palm-tree shaped islands, said on Wednesday it would halt work on a kilometre (3,281-feet) tall tower for a year in the Gulf's ...

Nakheel , builder of man-made islands in the shape of palms, is in talks to extend an 8 billion dirhams ($2.18 billion) loan due in 2015, the indebted developer's chairman was quoted in a local ...

Nakheel, the troubled Dubai developer, is poised to restart work on eight projects, as it finalizes a deal to rework its debt, the company's chief executive told reporters this week. A reorganization ...

Dubai-owned real estate developer Nakheel is delaying several of its flagship projects, including the Trump International Hotel and Tower, in addition to axing 500 jobs amid the global financial ...