Tuesday 22 July 2014
mortgage lender

Tamweel Q2 profit rises 40pc

Dubai mortgage lender Tamweel reported a 40 percent rise in second-quarter profit on Thursday. Tamweel, which is due to delist from the Dubai Financial Market to allow parent company Dubai Islamic Bank to take full ownership, made


Tamweel sets up $1bn bond programme

Islamic mortgage lender Tamweel, badly hit by the global financial crisis and the region's property bust, has set up a $1 billion bond programme, according to a base prospectus. Tamweel will complete investor meetings in London on Mond

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