Nakheel Asset Management Dubai










News

Dubai's Nakheel shakes up senior management
Nakheel Asset Management and Infrastructure (NAMI), covering all Nakheel master communities across Dubai. Masood Al Zarooni has been appointed managing director, Projects Construction, the statement said, adding that Hamdan Al Falasi is the new managing.

Legal minefield awaits Dubai's Nakheel bondholders
DUBAI, Dec 3 (Reuters) - Dubai’s assets may be virtually untouchable, so any holders of bonds issued by flagship property firm Nakheel that take legal ... head of the credit research team at OFI Asset Management in Paris, which sold its paper following.

UAE developer Nakheel posts $718m H1 net profit
Leading UAE developer Nakheel ... in profits for the year. Nakheel pointed out that in line with the company's strategy, revenue from non-development businesses – including retail, leasing, hospitality and asset management services – had registered.

Dubai’s Roads and Transport Authority Leverages Common Data Environment to Advance Integrated Transportation for Expo 2020 and Beyond
Through the implementation of best practices for configuration management (CM), collaborative information ... The “Route 2020” Project is a 15-kilometer extension of Dubai Metro’s Red Line from Nakheel Harbour & Tower Metro Station to the Expo.

Nakheel makes new appointments to management team
Al Qassem has taken the position of managing director of Nakheel Asset Management and Infrastructure (NAMI). His role is to manage Nakheel master communities across Dubai. Masood Al Zarooni has been appointed as managing director of projects.

'Dumped' vehicles in Dubai to be towed away; drive starts in Discovery Gardens
Just months after the Dubai government issued a law regulating the disposal ... have a notice placed on them by Nakheel Asset Management and Infrastructure, warning owners to remove their cars or they would be towed away by the authorities.

Legal minefield awaits Dubai's Nakheel bondholders
Nakheel bondholders hoping to get their hands on Dubai government assets are likely to be disappointed ... asked Brinda Kirpalani, head of the credit research team at OFI Asset Management in Paris, which sold its paper following last week’s announcement.

Dubai’s Nakheel sees 22 percent drop in profit
hospitality and asset management services. Annual revenues from these segments trebled from Dh800 million ($218 million) in 2010 to Dh2.5 billion ($680 million) in 2017, the company said. Amid a subdued Dubai real estate market, Nakheel also said it will.

Nakheel seeks 49mAED from CDG in counter sue case
CDG originally filed a lawsuit against Nakheel, owned by Dubai World and Nakheel Asset Management and Propertycorp, a subsidiary of Nakheel, in the Dubai World Tribunal in August last year. CDG was originally hired to provide facility management services.

Nakheel makes changes in organisational structure
Mohamed Al Qassem becomes managing director of Nakheel Asset Management and Infrastructure (Nami), covering all of Nakheel’s master communities across Dubai. Al Qassem, who has a BSc in Electronics Engineering Technology, has been with Nakheel since 2008.