Will Mortgage caps curb speculation?
The EBA has also told the central bank it proposes to limit mortgages extended to property speculators to 50 percent, though the details of this are still being considered.
January 27, 2013 3:17
Will we get new mortgage rules this year?
"The final pieces of the new mortgage regulations are being put together. It could be ready for issue by June this year," one of the sources told Reuters, declining to be named because the information has not yet been made public.
January 14, 2013 10:07
Are Emirati-only policies hurting UAE businesses?
The recent decriminalizing cheque policy and mortgage cap expose an obvious nationality bias—Kipp asks how significantly will this affect local businesses?
January 6, 2013 10:42
Saudi mortgage law to boost home loan market
The world's top oil exporter said on Monday its cabinet had approved the legislation, more than a decade after it was first proposed, but did not divulge details of the new regulations.
July 5, 2012 10:16
Dubai’s Tamweel reports Q4 profit jump
Q4 profit 31 mln dirhams from 8 mln dirhams in Q4 2010; Full-year net profit 101.9 mln dirhams; Tamweel shares up over 7 pct this year
January 29, 2012 3:55Tamweel launches $300M 5-year sukuk
Dubai's Tamweel, a sharia-compliant mortgage provider, has launched a $300 million five-year Islamic bond, or sukuk, a document from lead managers said on Tuesday.
January 11, 2012 11:18
Canada bankruptcy may hurt Islamic Finance in North America
The insolvency of an Islamic mortgage lender in Canada may hinder the growth of Sharia-compliant finance in North America, where it is already struggling in the absence of regulation.
December 5, 2011 2:30UAE’s Tamweek Q3 net profit exceeds expectations
Q3 net profit 15.7 million dirhams vs 7.3 million dirhams; Impairment provisions fell to 13.5 million dirhams
October 23, 2011 2:22Dubai’s Tamweel to start trading in 10 days – paper
Tamweel has declined to comment but Al Ittihad newspaper reports Islamic mortgage lender is ready to start trading again.
April 19, 2011 3:16
Iceberg, right ahead!
The real estate market seems to been taking on water, but what can be done to prevent from completely sinking? Life belts at the ready…
January 24, 2011 3:09
Will real estate recover? Outlook is… better
Mortgage holders might not end up in court, Lloyds is back in a lending mood, and one bank says everything is going to be just fine and dandy.
January 11, 2011 3:17
Do you think that the Amlak and Tamweel merger will be complete by January 2010?
The results are in.
November 15, 2009 12:34Shuaa’s chief economist calls delay in Tamweel and Amlak merger a “shame”
A senior executive at Shuaa Capital described the extended delay in the high profile merger…
October 11, 2009 3:27Barclays says financial crisis had no impact on UAE mortgage defaults
Barclays claims that the global economic crisis has not increased the number of defaults on mortgage in the UAE…
September 14, 2009 12:01
Oh yeah, prove it.
The Dubai Land Department insists that there have been no defaults on mortgages.
February 15, 2009 3:02
Yahoo won't 'screw up' Tumblr
The search engine giant confirms its purchase of popular blogger site.
May 21, 2013 2:52
Arabtec workers: strike will continue
Employees say no promises for higher wages have yet been made.
May 21, 2013 11:57
Kuwait: expats sent packing
The state plans to get tough and reduce the number of foreign residents.
May 20, 2013 5:05
A maid's wage
An FNC member to argue that minimum wages are 'taking advantage' of employers.
May 20, 2013 4:24
Taking on Abercrombie & Fitch
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43