21/04/2014 07:51 AST

Tamweel PJSC, a majority owned subsidiary of Dubai Islamic Bank, on Sunday announced its interim financial statements for the period ending March 31.

The company posted profits of Dh31.5 million, up for Dh20.5 in the same period last year, with operating income down at Dh118 million from Dh149 million. Income from Islamic financing and investment assets stood at Dh108,435, a decrease of 21 per cent from Q1 2013, when income in this area stood at Dh135,623


Gulf News

UAE stock market investors left high and dry by

18/01/2015

Elie Ibrahim had just two days to sell his shares in Tamweel before the mortgage financier was delisted from Dubai's stock exchange.

It was September 29, 2013, and the stock was plummeting

The National

Green light for Tamweel Tower reconstruction

02/04/2014

After months of speculation as to whether there would life in Tamweel Tower again, former residents, owners, developers and everyone else involved can heave a sigh of relief as Emirates 24|7 can reve

Emirates 24|7

Dubai real estate rebound helps boost Tamweel debt

05/12/2013

Five years after Dubai mortgage provider Tamweel stopped lending amid the emirate's real estate crash, the company's Islamic bonds are beating peers as the property market rebounds.

Tamwe

Bloomberg

Ticker Price Volume
Ticker Price Change
ALMUTAHED 0.00 0.00 (0.00%)
ALMAL 0.00 0.00 (0.00%)
ALAMAN 0.00 0.00 (0.00%)
MASSALEH 0.00 0.00 (0.00%)
INVESTORS 0.00 0.00 (0.00%)
Aramco CEO among business leaders urged by China's Xi to protect trade as Trump tariffs loom

29/03/2025

China's President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese econo

Reuters

Qatar Islamic Insurance Group AGM proposes cash dividend of 50% of paid-up capital

28/03/2025

Qatar Islamic Insurance Group convened its Annual General Assembly Meeting for the year 2024, yesterday. The Board proposed to the assembly distribution of cash dividends of 50% of the paid-up capita

The Peninsula

Innovation, collaboration key to sustainable growth: Sabic CEO

28/03/2025

Sabic, a global leader in diversified chemicals, today (Martch 27) reaffirmed its advocacy for sustainable growth through innovation and collaboration at the Boao Forum for Asia (BFA)'s Annual Confer

Trade Arabia

AD Ports, Oylz in deal to set up petchem facility in Khalifa Port

28/03/2025

AD Ports, a leading facilitator of global trade, logistics, and industry, has announced the signing of a 50- year agreement with Oylz Terminals, a UAE based oil supply and distribution provider to de

Trade Arabia

Modon, Elsewedy to launch new industrial zone in Egypt

28/03/2025

Modon Holding, an Abu Dhabi-based holding company, and Elsewedy Industrial Development, one of Egypt's leading integrated industrial and logistics cities developers, have signed a letter of intent (L

Trade Arabia