Nakheel has announced a AED230 million relief package for its business partners. It covers rent relief for tenants, including retainers, restaurants and business owners in their malls and master communities.
The developer is also waiving administrative charges for a number for services and reducing district cooling charges.
Omar Khoory, managing director of Nakheel Malls, told ARN why they’re doing this.
Trump pauses tariffs on Canadian imports, Carney says key work remains
US President Donald Trump announced late on Tuesday he was putting a three-day pause on new 50 per cent tariffs set to go into effect on Canadian goods at midnight, saying the two countries had reached a deal.
Meta trial that could reshape Facebook, Instagram gets underway
A coalition of US states suing Meta Platforms over claims Facebook and Instagram were designed in ways that harmed young users' mental health began making its case on Tuesday in California federal court in a trial that could reshape some of the most popular apps on the planet.
Nakheel begins handover of 892 homes at Jebel Ali Village
Nakheel, a member of Dubai Holding Real Estate, has begun handing over 892 homes at Jebel Ali Village, which is expected to be home to approximately 5,500 residents.
Indian state shuts some Domino's, Pizza Hut outlets, citing hygiene lapses
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
ADNOC's XRG advances global gas strategy with Venezuela entry
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Dr Anwar Gargash, diplomatic advisor to the UAE president, has dismissed rumours that the UAE is cancelling labour residencies and providing financial facilities to Iran, stating they are "false information and part of desperate media campaigns".
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, has shared a message of hope to the United Arab Emirates community on World Humanitarian Day.
The United Arab Emirates has halted all trade and financial transactions with Iran until further notice.
