Tamweel PJSC

Tamweel's default rate had retreated from a peak of 3 percent recently - official.

Fate of merger between troubled cos has been under review for 11 months.

UAE-based mortgage lender records loss after additional provisions taken to cover potential defaults.

Detentions were part of a series of high-level arrests as gov't aims to root out corruption.

UPDATE 1: Dubai mortgage lender dismisses analysis and conclusion of report.

Islamic mortgage provider's income from properties held for sale slumps.

Amlak Finance chief says deliquencies on mortgages are growing.   

Dubai-based mortgage provider posts net loss in Q4 2008, compared with a profit a year earlier.

News Amlak and Tamweel will resume lending in 'weeks' is welcomed by industry.

Chairman of UAE's second largest lender says liquidity needed to revive local economy.

Review looks at Amlak and Tamweel's immediate needs and long-term objectives.   

Minister of economy says merger still one of many options being considered.

Troubled Islamic mortgage lender plans to restructure workforce to confront global crisis.

Early 2009 deadline set for final assessment on state of Dubai mortgage companies.

UPDATE 3: Dubai-based Islamic mortgage lenders to merge under Real Estate Bank.

Islamic mortgage lender reports third-quarter net profit of $50.56mn, income more than doubles.

UPDATE 5: Emaar Properties shares boost Dubai benchmark ahead of anticipated buyback plan.

EXCLUSIVE: Lenders in UAE reduce loan to value ratios amid global credit crunch.

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

Main indexes end day down, with Qatar down 6%, Abu Dhabi and Dubai down 3%.

Fatigue selling sets in as Oman index loses another 5% in 30% fall since June 12.

UPDATE 1: Abdulla Nasser Abdulla detained by police in connection with 'ongoing investigation'.

Mortgage lender says corruption probe limited to former CEO and head of investments.

While bribery probe rattles Emirati investors, Saudi sees a positive in naming major shareholders.

UPDATE 1: Islamic lender leads fall on Dubai bourse as investigation continues.

Dubai-based company makes confident prediction in note to investors and shareholders.

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

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.

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

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

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.

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

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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