09.02.2010 - Dubai's Tamweel swings to profit in 4Q on lower funding cost
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
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