18.06.2009 - Noor Islamic sees up to 50% rise in mortgages
From Arabianbusiness.com: Noor Islamic Bank said on Wednesday its mortgage business is 40-50 percent up on the start of the year, a further sign UAE banks are easing lending. Speaking on the sidelines of the Dubai Property Society, a gathering of real estate experts, Fahd Reaz senior product manager in personal and home finance for Noor Islamic Bank said: “Things have improved from last year, it’s a stable situation. The market has improved.”........Full Article: Source