A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
It comes a day after a probe surfaced involving former employees of mortgage lender Tamweel and months after investigations began into alleged irregularities by executives at Dubai Islamic Bank and its affiliate Deyaar.
"As a result of this internal audit process, the company can confirm that a member of staff is being interviewed by the authorities," Nakheel said in a statement, without naming the employee.
"The allegation of financial irregularities is in relation to the acceptance of sums paid to an employee by third parties."
London-based magazine MEED said on Friday that a criminal case was brought against a senior Nakheel executive this month for alleged financial irregularities that could add up to over Dh3 billion ($816.8 million), a figure which the firm disputed.
"The company can confirm that no embezzlement has taken place within Nakheel and the figure of Dh3 billion quoted by MEED is categorically incorrect," Nakheel said.
Dubai Public Prosecution was closed on Friday and a court official did not answer his mobile phone.
Nakheel CEO Chris O'Donnell declined to comment on the case when contacted by Reuters.
Standard Chartered warned last month Dubai's property market was showing signs of overheating as speculators inflate prices of unfinished properties. It said Dubai should weed out short term buyers by setting capital gains tax, or risk a correction.
A total of 17 candidates secured the All India Rank (AIR) 1 as per the final results while earlier the number was 67
Authority said the exercise will involve movement of military vehicles and urged residents to stay away from designated areas
'I am proud of you. This is going to be historic,' the former first lady told Harris in a live video call
The application will be operational from Thursday, August 1
Prices for affordable apartments in popular areas have witnessed a rise of up to eight per cent compared to the second half of 2023
Residents have been warned not to approach the area
The number of arrests in days of violence in the country passed the 2,500 mark in an AFP tally
This new store in Fujairah is the second of its kind in the UAE, following the successful launch of the small store concept in Al Wahda Mall in 2020