| 14.08.2009 - Tamweel reports Q2 loss on provisions |
| From Business24-7.ae: Islamic mortgage lender Tamweel reported a Dh35 million second-quarter loss, as it boosted provisions against potential mortgage defaults. Tamweel and rival lender Amlak Finance, whose shares have both been suspended since November, are being restructured by the government and may be merged as they suffer from a sharp downturn in real estate prices in Dubai's property slump............Full Article: Source |