Friday 28 August 2015
 
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mortage

Amlak Finance Q2 net profit slumps 87pc

Dubai's Amlak Finance reported an 87 per cent drop in second-quarter net profit on Wednesday as the Islamic mortgage lender's income from financing, investments and deposits all declined and amortisation costs soared. Amla

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UAE mortgage market adopting global insurance trends

The UAE mortgage market – currently valued at Dh20 billion ($5.4 billion) – is estimated grow to Dh64 billion within the next three years alone and life insurance premiums to grow 18 per cent annually, it has emerged. For the UAE, new rese

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