DFM Dips 0.59%, NBD Dives
The Dubai Dubai Financial Market (DFM) fell 0.59% Wednesday, closing at 1,660.26, as Emaar (off 0.61% at Dhs3.28 or…
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Tamweel
DFM General Index Jumps 1.80% Amid Higher Trading Volumes
The Dubai Financial Market General Index (DFMGI) closed 1.80% higher at 1,670.05 Tuesday amid higher trading…
DFM Remains Sluggish
The Dubai Financial Market (DFM) General Index closed at 1,642 (off 0.39%) Wednesday, as losses at Tamweel…
Dubai’s Tamweel Q1 Net Profit Drops 33%
Dubai-based sharia-compliant mortgage lender Tamweel posted a 33% fall in first quarter net profit, hit by…
Saudi Arabia Overtakes UAE; Becomes Gulf’s Largest Sukuk Issuer
Saudi Arabia overtook UAE to become the largest issuer of sukuk in the first quarter of 2012 in the GCC. The UAE,…
Fitch Ratings Raises UAE’s Tamweel To ‘BBB+’ With Stable Outlook
Fitch Ratings upgraded UAE-based Tamweel PJSC's (Tamweel) Long-term Issuer Default Rating (IDR) to 'BBB+' from…
