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FINANCIAL NEWS
Nakheel to pay USD639m debt
23 Feb 2014
(MENAFN) Dubai-based Nakheel announced that it will repay USD639 million of bank debt over 18 months ahead of time, Arabian Business reported.
The company said that the repayment is part of a USD1.8 billion due in September 2015.
The developer said that the early repayment is proof of its strong financial performance.
Nakheel chairman said: “The early payment has been made possible by delivering thousands of units to customers, ongoing cost savings achieved and the support of the Government of Dubai, investors and business partners””
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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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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