| 29.11.2010 - Plan for Dubai mortgage lender Amlak seen in Q1 2011 |
| From Reuters: A resolution for troubled Islamic mortgage lender Amlak Finance could be found during the first quarter of 2011, a senior Dubai official said on Sunday. The United Arab Emirates government said in November 2008 it aimed to merge Amlak with rival lender Tamweel but the plan was effectively scrapped after Dubai Islamic Bank raised its stake in Tamweel in September...........................................Full Article: Source |