| 23.11.2009 - Tamweel returns to profit after 3 quarters of losses |
| From Bloomberg: Tamweel PJSC, the Dubai-based mortgage lender whose shares were suspended in November 2008, returned to profit after posting three quarters of losses. Third-quarter profit was 10 million dirhams ($2.7 million) compared with a profit of 185.7 million dirhams in the year- earlier period, the company said in a statement to the Dubai bourse today. Tamweel posted a combined loss of 188 million dirhams in the three quarters ended June 30............................Full Article: Source |