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Company News - TAMWEEL
Nine Out Of Ten UAE Home Buyers Now End-Users, Reports Tamweel (14 October 2012)
Tamweel reports that today’s end-users availing home finance stands at approximately 90%, demonstrating a positive change in the UAE home finance market.

Deyaar And Tamweel Announce New Partnership At Cityscape Global 2012 (3 October 2012)
Deyaar, a regional real estate company dedicated to innovation, customer care and long-term sustainability, announced today that it has signed an agreement to provide property management and leasing services to Tamweel owned properties.

Tamweel Portfolio In Dubai And Abu Dhabi Sees 10-15% Average Price Increase In Last 18 Months (4 September 2012)
Tamweel PJSC, the UAE Islamic home finance provider, today released data on the sale prices of properties financed within its portfolio over the past 18 months.

Fitch Upgrades Ratings On Tamweel’s Asset-backed Securities To ’AAsf’; Outlook Stable (25 July 2012)
Fitch has upgraded the ratings of all of the classes of securities to ’AAsf’ with Stable Outlook, from ’A+sf’ (Class A), ’BBB+sf’ (Class B) and ’BBB-sf’ (Class C) with Stable Outlook, and thereby reaching a five -notch uplift from the Tamweel PJSC rating who is the Servicer of this issue.

Tamweel named ’Best Home Finance Company’ at Banker Middle East Industry Awards (13 June 2012)
Tamweel PJSC, the UAE Islamic home finance provider, announced today that it has been named the "Best Home Finance Company" at the Banker Middle East Industry Awards 2012, held in yesterday in Dubai.

Tamweel announces net profit of AED 18 million for first quarter of 2012 (17 April 2012)
Tamweel PJSC, the UAE Islamic home finance provider, announced today its financial results for the first quarter of 2012, demonstrating continued profitability during a period of increasing stability in the domestic property market.

5 percent cash dividend approved at Tamweel Annual General Assembly Meeting (11 March 2012)
Tamweel PJSC, the UAE Islamic home finance provider, announced today that its Annual General Meeting (AGM) was held on March 8, 2012, at the Dubai Chamber of Commerce and Industry.

Tamweel reports 2011 net profit of AED 102 million (30 January 2012)
Tamweel PJSC, the UAE Islamic home finance provider, announced today its financial results for the 12 months ending December 31, 2011, demonstrating continued profitability during a period of increased stability in the domestic property market.

Tamweel net profit for first 9 months of 2011 reaches AED 70.7 million, up 295 per cent (24 October 2011)
Tamweel PJSC, the UAE Islamic home finance provider, announced today its financial results for the nine months ending September 30, 2011, demonstrating continued profitability during a period of increasing stability in the domestic property market.

Tamweel Launches Home Finance Plus (9 October 2011)
Tamweel PJSC, the UAE Islamic home finance provider, announced the launch of "Home Finance Plus," the country’s first integrated home finance programme, which provides homeowners with a wide range of essential services at no additional cost.


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