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FINANCIAL NEWS
Dubai’s Nakheel allocates USD2 b for giant projects
20 Jan 2014
(MENAFN) Net profit of Dubai developer Nakheel has exceeded 27.2 percent, while revenues rose by more than 20.5 percent in 2013, according to Khaleej Times.
As a result, the company plans to invest USD2.178 billion to launch more hotels and shopping malls in Dubai.
Nakheel said that its full-year profit rose by 27.2 percent reaching USD699 million, while revenues boosted by 20.5 percent at USD2.55 billion on the back of buoyancy on the property market.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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