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Nakheel Properties ( Arabic: نَـخٍـيْـل, romanized : nakhīl, lit. ' palm tree ') is a real estate development company based in Dubai, United Arab Emirates. [3] 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]
The Emirate of Dubai maintained its own air component, the Dubai Defence Force Air Wing, until 1999, when the two were effectively merged to become what is now the United Arab Emirates Air Force. Although the integration of the two independent forces has been complete, a small degree of autonomy exists at the operational command level, with the Western Air Command being headquartered in Abu ...
Nakheel Tower ( Arabic: بُرْجُ ٱلنَّخِيلِ) was a planned skyscraper on hold in Dubai, United Arab Emirates by developer Nakheel. [2] The project was previously called Al Burj ( Arabic: ٱلْبُرْجُ " The Tower "). [3] While the proposal changed over time, the tower was intended to be the tallest building in the world, surpassing the 828-metre (2,717 ft) Burj Khalifa which ...
The government's decision to diversify from an oil-based economy, and to make Dubai the main hub of tourists in the world, has made and other developmental projects such as Dubailand, more valuable, resulting in the property boom from 2004 to 2007. There are over 1,500 major freehold developments and communities in Dubai. [1] Construction on a large scale is a part of Dubai Strategic Plan 2015 ...
Pages in category "Nakheel Properties". The following 23 pages are in this category, out of 23 total. This list may not reflect recent changes . Nakheel Properties.
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise. 100% import and export tax exemptions.
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. Though, United Arab Emirates has been successfully diversifying its economy, [1] the country remains extremely reliant on oil. With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gas continue ...
In 2009, the Dubai Land Department investigated complaints about Nakheel stalling the Palm Jebel Ali project. [6] Nakheel offered investors alternative homes in other projects but these were inferior properties.
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