From Zawya Dow Jones: Dubai-based Tamweel PJSC reported a net profit of 11 million U.A.E dirhams ($3 million) in the fourth quarter, compared with a net loss of AED112.4 million in the year-earlier period, on lower costs of funding.

The company posted a full-year net loss for 2009 of AED54 million versus a profit of AED460.7 million in 2008, Tamweel said in a statement………………………………….Full Article: Source