Saturday, 17 May 2008

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YOUR DIRECTORY /

Tamweel PJSC

Main Category: Financial Services (Misc.)
First Address : PO Box 111555
Second Address : Mezzanine Floor, Business Avenue Building
City : Dubai
Country : United Arab Emirates
Phone: 971 4 2952259
Fax: 971 4 2950229
Email: tamweel@tamweel.ae
Website: www.tamweel.ae


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ALL STORIES LIST


Home sweet home

UAE home mortgage provider Tamweel is keen to tap into emerging Gulf markets. CEO Wasim Saifi tells Tamara Walid why home is where the money is.

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Demand for commercial space to triple in 3 years

CITYSCAPE: Demand in Abu Dhabi to grow by 1.5 mn m2 per year, Tamweel says.

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Tamweel profit surges on UAE lending

Dubai-based Islamic mortgage company posts second-biggest quarter ever.

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Tamweel expects profit to rise 80% in '08

Dubai-based Islamic mortgage company see core lending business driving revenue.

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Talking point

In this month's Talking Point we ask mortgage brokers Peter Lee, general manager of Independent Finance and independent mortgage broker Chris Allen to tell us what expats are looking for in the UAE property market.

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Partnership provides strategic plan

Imdaad to provide Tamweel with full FM solutions and services.

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Raising the roof

Mortgage securitisation may make you think of Citigroup's Chuck Prince's US$23.2bn misjudgement.

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Tamweel plans international expansion

WEF: Dubai-based Islamic mortgage lender to expand into India, Morocco and Turkey.

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Tamweel issues US$300m convertible sukuk

Mortgage provider’s Islamic bond oversubscribed within hours of launch.

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Tamweel quadruple profit

Second-largest UAE mortgage financer sees net income increase 285% year-on-year to $56.36mn.

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Tamweel gears up for $463mn expansion

UAE's largest mortgage lender secures loan facility with Emirates Islamic Bank.

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Tamweel splashes $527mn on Dubai land

Mortgage financer agrees with partner to buy $526.6mn of land near Business Bay.

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Tamweel profit soars to $37mn

Dubai mortgage lender beats analysts' forecasts to almost triple profit with a Q3 leap of 175%.

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The year saturation came to town

Next year could see Dubai's real estate market entering a new ‘cooling down' period.

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Hitting the headlines

New Escrow law aims to sustain Dubai's property boom, take financial risk out of buying off-plan property.

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What's the catch?

Chris Allen analyses the offer of 95% financing on properties in Dubai Sports City from Dubai Bank and Tamweel.

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Dubai firms to take trust deposits

Mortgage firms Amlak and Tamweel say move will improve investor confidence in construction sector.

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Opening up to securitisation

After a slow start, Gulf institutions are finally showing more interest in securitising income from their assets.

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The mortgage marketplace

How to apply for a mortgage that can unlock the door to your dream home in Dubai.

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Tamweel taps into Saudi mortgage market

The Dubai-based Islamic mortgage lender has started a real estate finance firm in the KSA.

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Tamweel launches home refinancing option

The sharia compliant product offers financing to both resident and national homeowners in the UAE.

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Dubai Capital group ups stake in Tamweel

Investment group states that the share purchase reflects its confidence in Islamic finance market.

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DIB expects $16bn in sukuk sales

Dubai Islamic Bank expects an 80% increase in its Islamic bond management business.

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Islamic finance mainstream, says Tamweel

WEF special: Shariah-compliant products are now big business, according to the lender's CEO.

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What now for Amlak?

Rivalry and resignations have forced Amlak Finance to make some tough decisions.

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Gulf market report - 9 May 2007

Dubai closes above 4,000 points; Amlak surges as Tamweel profits encourage investors.

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Tamweel profit rises almost five-fold

Dubai's Islamic mortgage lender has said its first-quarter net profit surged to $13.74m.

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Revealed: Gulf's most admired companies

Arabian Business has published its '50 Most Admired' list of regional companies.

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Tamweel to sell $1.1bn sukuk

The sale of Islamic bonds will fund the mortgage lender's expansion plans.

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Foreign investor decision boosts Tamweel

Share price rise follows news that foreigners will be allowed to own 40% of the company.

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Tamweel doubles foreign investment quota

Leading Dubai mortgage company doubles foreign ownership quota to attract institutional investors.

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Integralis moves into region with ProtechT

European security solution provider Integralis has bought UAE-based systems integrator ProtechT to give the vendor a foothold in the regional market, it said this week.

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Boost for medium, small-scale developers

Real estate developers and mortgage financiers in the Middle East region should focus on medium and low-cost developers to ensure a sustained return on investment, according to Adel Al Shirawi, CEO of UAE home finance provider Tamweel.

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Delays hit 'volatile' property market

Construction delays in the UAE could see a 33% drop in expected completions this year.

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Jordanian giant in capital talks

Jordan's largest property developer is currently in negotiations to enter Abu Dhabi's lucrative real estate sector.

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Abu Dhabi's property market hots up

UAE's second largest mortgage lender says 30% of 2007 business will come from Abu Dhabi.

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Mortgage industry set for long term growth

The mortgage industry in the Middle East is poised for “long-term sustainability” as it shifts from a developer market to a mortgage provider market, the CEO of leading home finance company Tamweel has said.

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Demand for office space

According to the third quarter Better Homes Commercial Review, approximately 7.3 million ft2 of office space will be ready for hand-over by the end of 2007.

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Tamweel and Tejari tie up

...

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