Dubai’s Tamweel second quarter profit drops 33 percent
Quarterly profit drops for second straight quarter; Revenue falls, sales costs rise; Cash balance triples from 2011-end; Tamweel pulled asset-backed sukuk sale last week
July 11, 2012 12:26
Dubai’s Tamweel postpones asset-backed sukuk sale
Tamweel was planning to raise $235 mln issue; Roadshows completed end of June; Regional investors and traders say deal too complex
July 4, 2012 6:10
Dubai’s Tamweel issues price guidance for rare Gulf securitisation
Dubai-based Islamic mortgage provider Tamweel concluded investor meetings on Monday and said any eventual transaction will be backed by properties and receivables located in Dubai.
June 26, 2012 5:46
Dubai’s Tamweel eyes $235 million mortgage-backed sukuk
Tamweel, a unit of Dubai Islamic Bank, has not disclosed a target size for the proposed sale. It kicked off investor meetings on Tuesday in Abu Dhabi and roadshows are due to end on June 25.
June 20, 2012 10:20
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
BurgerFuel rockets its way across Dubai
Gourmet burger chain expanding in the world's second most significant retail environment.
May 23, 2013 1:17
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24