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.
Dubai Holding expands hospitality portfolio with acquisition in Mallorca
Dubai Holding, through its subsidiary Dubai Holding Hospitality, has acquired the five-star Jumeirah Mallorca in Port de Sóller, Spain, from Deka Immobilien.
UMEX and SimTEX kick off with major UAE defence deals
The UAE's Tawazun Council for Defence Enablement has announced new defence contracts worth nearly AED 880 million on the opening day of UMEX and SimTEX 2026 exhibitions in Abu Dhabi.
ADNOC Gas signs $3 billion LNG deal with Hindustan Petroleum
ADNOC Gas and its subsidiaries have announced the signing of a 10-year sales and purchase agreement valued at between $2.5-$3 billion with Hindustan Petroleum Corporation Limited (HPCL).
H.H. Sheikh Mohammed visits World of Coffee Dubai
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, toured the fifth edition of World of Coffee Dubai, featuring more than 2,100 exhibitors and brands from 78 countries.
UAE to participate in World Economic Forum
The United Arab Emirates is participating in the 56th Annual Meeting of the World Economic Forum 2026, taking place in Davos, Switzerland from January 19-23, with a high-level delegation led by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority.
