Nakheel rules out selling assets, cancelling projects
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Nakheel rules out selling assets, cancelling projects

Nakheel rules out selling assets, cancelling projects

Dubai developer, Nakheel has repaid Dhs2.5bn ($680m) of the Dhs4bn it owes to trade creditors and has ruled out selling off assets or cancelling projects, The National has reported. Nakheel plans to restart work on at least six of its stalled projects by early October. Those furthest advanced, including Jumeirah Park, Al Furjan, Jumeirah village and Jumeirah Islands Mansions, are said to be likely to be revived first.

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