ArabianBusiness.com - Middle East Business News
Sunday, 12 October 2008 | 19:52 UAE time

YOUR DIRECTORY /

AMLAK Finance PJSC

Main Category: Credit and Finance Company
First Address : PO Box 2441
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3661505
Fax: 971 4 4274501
Email: info@amlakfinance.com
Website: www.amlakfinance.com


* Helps you to create an " Email Alerts " for this company.

ALL STORIES LIST


Amlak raises outlook as Q3 profit doubles

UPDATE 1: Amlak chairman says expects profit to surge by a "minimum of 100 percent" this year.

read more »

Amlak denies merger due to funding difficulties

Dubai mortgage lender says proposed merger with Tamweel will drive growth plans.

read more »

Amlak, Tamweel in merger talks

UPDATE 2: Leading Islamic mortgage lenders have begun 'exploratory discussions' over merger.

read more »

UAE's mortgage lending jumps 55%

Central banks reveals total home loans worth total of $17bn but slowdown in growth starts to show.

read more »

Dubai's Amlak says Jordan unit raises capital

Mortgage lender says capital for Amman-based operation is $89mn.

read more »

Amlak profit skyrockets

UPDATE 1: Dubai Islamic mortgage firm sees second quarter net income increase 74% to $38.7mn.

read more »

Amlak, Mazaya salvage Skygardens deal

UPDATE 1: Amlak agrees to buy 80% of tower after dispute threatened deal.

read more »

Amlak applies for banking licence

Islamic home finance provider Amlak has reapplied for a banking licence to the UAE Central Bank.

read more »

Amlak seeking damages as property deal falls through

Dubai Islamic mortgage lender seeking $22.3mn from First Dubai over Sky Gardens.

read more »

Tamweel and Amlak's income soars as Fed cuts kick in

Islamic home finance companies Amlak Finance and Tamweel reported bumper net income in the first-quarter of 2008 as they tapped cheaper funds.

read more »

Banks hoard Fed cuts

Regional mortgage lenders are refusing to pass falling US interest rates on to customers in the emirates.

read more »

Amlak's advance

Amlak was the first mortgage company to benefit from the boom triggered by foreign ownership rights.

read more »

Amlak boosts profit growth outlook

WEFME: Islamic mortgage firm lifts 2008 forecast to at least 80%, from 70% previously - chairman.

read more »

Amlak reapplies for banking licence

Islamic home finance provider lodges papers with UAE Central Bank.

read more »

Amlak renews request for bank licence

Dubai-based Islamic mortgage company in fresh attempt to become a bank.

read more »

Tamweel profit surges on UAE lending

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

read more »

Amlak to sell Islamic bonds worth $1.3bn

Dubai-based mortgage lender to sell bonds this year to help finance expansion, chief executive says.

read more »

Amlak launches low-start home finance

Profit-only home loans to allow lower-income households to get onto UAE property ladder.

read more »

Unlocking new markets

Amlak has reinvented itself to cope with competition and expand into other countries.

read more »

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.

read more »

Amlak to redevelop Dubai suburb

Mortgage firm to build mixed-use development in Al-Warqa, brings real estate investment to $1.3bn.

read more »

Amlak posts record profit

Eight-fold rise in Q4 earnings to $35mn helps largest UAE mortgage lender beat full-year target.

read more »

Amlak to sell stake in its Egyptian unit

Dubai-based mortgage lender in talks to sell stake to World Bank's International Finance Corporation.

read more »

UAE-based home finance provider discussing tie-up with World Bank lender

Amlak, a specialised home finance provider in the UAE, announced on Wednesday that is in discussions with a division of the World Bank to partner in its Egypt operation, Amlak Finance and Real Estate Investment.

read more »

Amlak, Barwa team up to tap Qatar property boom

Companies to launch mortgage finance firm Amlak Barwa Finance in Gulf Arab state.

read more »

What’s the catch?

Last month Amlak offered customers the chance to refinance their home at a profit rate of 6.95%. Property broker Michael Topham gives his verdict on the deal.

read more »

Amlak implements FinnOne for retail

Shariah compliant mortgage provider Amlak is to deploy FinnOne retail products from Nucleus Software, allowing it to provide greater efficiency to all of its clients.

read more »

Amlak names Cedar for growth plans

Islamic mortgage provider appoints management consultant to draw up, implement growth strategy.

read more »

Amlak invests $700mn in Dubai business park

UAE Islamic lender says it will sell mortgages on offices to supplement home-loan business.

read more »

Amlak posted second biggest profit ever

Dubai Islamic mortgage firm sees net income surge 98% on higher lending and reduced borrowing costs.

read more »

Amlak agrees mortgages for Dubai projects

Islamic lender to cover up to 90% of value of units in two Cayan developments.

read more »

Amlak share buyback approved

Dubai-based Islamic mortgage lender to buy back 5% of its shares, which are down 40% this year.

read more »

Hitting the headlines

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

read more »

Amlak trust account services launched

Amlak Finance has received approval to launch trust account services from the Dubai Land Department, signalling the beginning of Amlak's service expansion to major real estate developers.

read more »

Amlak considers share buyback

The Islamic mortgage lender says it is to discuss a proposal to buy back some of its own shares.

read more »

Amlak to sell $260mn sukuk

Dubai mortgage firm will sell asset-backed Islamic bonds to finance Jordan, Morocco expansion.

read more »

Dubai firms to take trust deposits

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

read more »

Global market mayhem

Arabian Business talks to financial specialists to see where the markets are heading.

read more »

Amlak warns of credit crisis impact

Crisis could cause costs in upcoming securitisations in region to rise, UAE Islamic mortgage lender says.

read more »

Leading the way

Amlak's new CEO on why he's ready for the challenges facing the Islamic home finance firm.

read more »

Amlak buys stake in Egypt mortgage firm

The UAE mortgage provider to buy founding stake in government-backed mortgage finance company.

read more »

Dubai's Amlak sees record revenues

Investment gains and property sales drove the mortgage lender's Q2 revenues to almost double.

read more »

Sporting chance

What Mohammed Al Hashimi did after he failed to get his hands on one of the world's most famous football teams.

read more »

Record Q2 profits for Amlak

UAE lender beats analyst forecasts with doubled revenue and net profit growth of 88%.

read more »

Amlak to sell $250m sukuk by fall

The Dubai-based mortgage provider plans to sell the Islamic bonds by September to fund expansion plans.

read more »

Amlak gets $218m loan from EIB

The UAE Islamic mortgage provider has signed the loan with Emirates Islamic Bank.

read more »

Amlak signs $218mn loan

Mortgage provider signs a one-year wakala facility with Emirates Islamic Bank.

read more »

Zabeel is mystery Liverpool FC bidder

Zabeel Investments was part of the Dubai-led consortium that failed to buy Liverpool FC.

read more »

Amlak banking licence unlikely in '07

Bank consolidation needs mean that Amlak is not expected to receive a licence until 'deep into 2008'.

read more »

Amlak lays out expansion plans

Amlak Finance steps up Morocco expansion plans with a delegation to the country.

read more »

A new dawn

Banks are rapidly expanding their Islamic banking portfolios as sharia-compliance gains worldwide recognition.

read more »

Dubai's Amlak to launch in Saudi

But there's still no news on the status of the mortgage provider's UAE banking licence request.

read more »

Amlak considers Morocco expansion

Lender meets with Morocco's central bank and finance ministry.

read more »

Zabeel buys Emaar stake

Dubai-based investment firm buys 10% stake in Emaar Industries from Amlak.

read more »

What now for Amlak?

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

read more »

Amlak hopeful after profit plunge

Mortgage provider expects profit to grow despite declining profits and board resignations.

read more »

Emaar to enveil new tower

The first of two Boulevard Plaza towers in the Burj Dubai district is set to launch this Sunday.

read more »

Gulf market report - 9 May 2007

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

read more »

Amlak expects profits boost

The Islamic mortgage provider predicts profits will grow after UAE developer deals.

read more »

Amlak CEO Al-Hashimi resigns

HSBC's Alharmi to take the helm as Al-Hashimi steps down to focus on Zabeel role.

read more »

Amlak’s offer of luxury living

The Islamic finance company launches finance offers for buyers of Sorouh’s Abu Dhabi developments.

read more »

Amlak still hopeful for banking license

The Islamic mortgage provider says its application is still being considered.

read more »

Dubai's Amlak profit down on delays

Delays in property projects have restricted the Islamic mortgage provider's revenue growth.

read more »

Gulf market report - 9 April 2007

The DFM's winning streak was cut short today as the market closed at a loss.

read more »

Tamweel to sell $1.1bn sukuk

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

read more »

The moneymakers

James Bennett meets the young Arab entrepreneurs leading the way in the fast-paced world of high finance.

read more »

Amlak eyes Islamic bond sale

The UAE lender is looking to raise funds after its request for a banking licence was rejected.

read more »

Madaares set to buy UK schools operator

The Dubai-based US$136m company is in "advanced talks" to acquire a leading schools operator.

read more »

Amlak launches first Egypt office

Amlak, the largest publicly listed Islamic finance company in the UAE, has launched an office in Cairo

read more »

Amlak Finance

...

read more »

Amlak launches Bayti home finance package

...

read more »

Onwards and upwards

Rather than slowing down, Dubai’s developers are continuing to dream up new projects, meaning more and more opportunities for investors. Hashim Al Dabal, CEO of Dubai Properties, reveals his multi-billion dollar plan to take one of Dubai’s largest developers forward

read more »

BUSINESS FEATURES

Race to the top

Architects from around the world are flocking to the Gulf to help developers in their race to the top.

Limitless looks to Africa

Limitless CEO Saeed Ahmed Saeed is ploughing ahead with a $110bn project pipeline and a focus on Africa.

Commodities RIP as leverage disappears

Commodities markets are heading for the biggest annual decline since 2001 as investors exit leveraged bets.

ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Commercial Manager - Logistics
    Industry: Construction
    Location: Dubai, UAE
  2. Electrician Foreman
    Industry: Construction
    Location: Abu Dhabi, UAE
Browse all jobs »

BUSINESS INTERVIEWS

On cruise control in the Gulf

Michael Horrigan, chief executive of Island Global Yachting on the firm's recent tie-up with Nakheel.

Holding back the tide

Nakheel's CEO faces his toughest challenge yet in protecting the firm from cooling global real estate demand.

Talk sport

Sport organiser and promoter Barry Hearn has set his sights on the Middle East and is aiming for a bullseye.

MORE FROM ARABIANBUSINESS.COM