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- Beyon announces Q1 2025 financial results
- Vodafone Qatar brings smart home connectivity to 'Build Your House 2025' exhibition
- Milaha reports 3% growth in Q1 2025 net profit, reaching QR374m
- Industries Qatar posts a net profit of QR1bn in Q1
- PureHealth reports 3% rise in Q1 net profit to $137.5m
- Closing Bell: Saudi main index closes in red at 11,671
- Saudi Arabia raises undeveloped land tax to 10%, expands scope to vacant properties
- QLM earns insurance revenue of QR299.5mn in first quarter
- Ooredoo Group net profit up 5% to QR960mn in Q1-2025
- QSE surges 135 points; M-cap adds QR7.69bn
05/12/2013 11:08 AST
Five years after Dubai mortgage provider Tamweel stopped lending amid the emirate's real estate crash, the company's Islamic bonds are beating peers as the property market rebounds.
Tamweel's sukuk maturing in January 2017 returned 5.5 per cent this year, the most among the 23 securities in the HSBC/Nasdaq Dubai GCC Financial Services Sukuk Index.
The benchmark gauge, which includes debt from the United Arab Emirates to Saudi Arabia, has gained 2.1 per cent in the period.
A rebound in real-estate prices spurred by the economic recovery in the Gulf business hub has boosted UAE bank lending by 7.2 per cent this year as property prices climbed an annual 40 per cent. Tamweel, which was taken over by Dubai Islamic Bank in 2010, has benefited as its new owner provided a source of financing.
"Tamweel has been a turnaround story and a way to gain exposure to a recovering Dubai real-estate market," Yaser Abushaban, the executive director for asset management at Dubai-based Emirates
Investment Bank, said in an e-mailed response to questions November 28.
Bloomberg
18/01/2015
Elie Ibrahim had just two days to sell his shares in Tamweel before the mortgage financier was delisted from Dubai's stock exchange.
It was September 29, 2013, and the stock was plummeting
The National
21/04/2014
Tamweel PJSC, a majority owned subsidiary of Dubai Islamic Bank, on Sunday announced its interim financial statements for the period ending March 31.
The company posted profits of Dh31.5 mi
Gulf News
02/04/2014
After months of speculation as to whether there would life in Tamweel Tower again, former residents, owners, developers and everyone else involved can heave a sigh of relief as Emirates 24|7 can reve
Emirates 24|7
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01/05/2025
Beyon announced its financial results for the first quarter of 2025.
Beyon reported net profit attributable to equity holders of BHD 18.1M (US$ 48.0M) for Q1 2025, a 4% decrease from BHD 18
BNA
01/05/2025
Vodafone Qatar recently took part in the 6th edition of the Build Your House exhibition.
Build Your House is a premier event catering to local house builders, bridging connections between
The Peninsula
01/05/2025
Qatar Navigation (Milaha) yesterday announced its financial results for the three months ended March 31, 2025.
Milaha reported solid financial results for the first quarter ended March 31,
The Peninsula
01/05/2025
Industries Qatar, yesterday reported a net profit of QR1bn for the three-month period ended 31 March 2025, representing a moderate decline compared to 1Q-24.
Macroeconomic environment prese
The Peninsula
01/05/2025
PureHealth Holding, a leading healthcare group in the Middle East, reported a revenue increase of 8% year-on-year to AED6.6 billion ($1.8 billion) driven by growth across all of PureHealth's segments
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia