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Islamic Finance Briefing - Categorized | Finance, Investment, Market Moves more

Tamweel disputes media report on funding needs

Posted on 09 June 2009

From Reuters: Dubai mortgage lender Tamweel rejected a media report saying it needed $1.55 billion in funds to restart its financing operations, but did not say how much it did need.

“We do not agree with either the analysis of the conclusions of this media report,” Tamweel said in a statement on Monday…….Full Article: Source

 
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