Search results
Results From The WOW.Com Content Network
The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. [4] [2] Nakheel was central to Dubai's debt crisis in 2009–2010. [5] The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. [6]
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
This list displays all UAE companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
Map of Dubai. Dubai, established in the early 19th century, is one of the seven emirates that form the United Arab Emirates. Despite being along the eastern edge of the Arabian Peninsula, Dubai is located halfway between the financial capitals of London and Singapore, giving it access to a vast number of people within a short distance. [1] Due to its business enviro
Nakheel Properties (Nakheel PJSC), a real estate development company based in Dubai, UAE; Nakheel Aviation (callsign: NAKHEEL), a UAE airline; see List of airline codes (N) Nakheel Hotels, a subsidiary of Istithmar World, a state-run investment firm based in Dubai, UAE; Bisha FC (formally known as Al-Nakheel), Bisha, Asir, Saudi Arabia; a ...
Dubai World was established under a decree ratified on 2 March 2006 by Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. He is also the majority stakeholder in Dubai World. [citation needed] On 2 July 2006, it was launched as a holding company with more than 50,000 employees in over 100 global cities.
Pages in category "Nakheel Properties" The following 23 pages are in this category, out of 23 total. ... Dubai International City; Dubai Islands; Dubai Maritime City;
The company's credit rating was downgraded to "junk" in 2010. [10] The company received a $5.2 billion bailout by the Abu Dhabi government in 2011. [ 11 ] [ 12 ] In 2012, Reuters reported on suspicious stock exchange patterns during the announcement of a state-backed merger of Aldar and Sorouh Real Estate . [ 13 ]