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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
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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