Dubai: Dubai real estate company Nakheel yesterday released interest and profit payments of Dh197 million to its lenders in compliance with its restructuring requirements. A Nakheel spokesman said, “We remain focused on meeting our commitments in accordance with the terms set out in our company restructure and revised business plan. Our commitment, achievements and newly-announced projects will continue to significantly contribute to the growth of Dubai’s real estate and tourism sector, including the government target of 20 million annual visitors to Dubai by 2020.”
Nakheel repays Dh197m to lenders
Dubai real estate company significantly contributes to the growth of real estate and tourism sector