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Company News - TAMWEEL
DIB Announces Date Of New Share Issuance And Settlement Of Tamweel Share Swap (9 May 2013)
The share swap will be executed on Thursday 9th May, 2013 after the Dubai Financial Market (DFM) has closed. Assenting shareholder accounts will be credited automatically with DIB shares and their Tamweel shares will be debited simultaneously.

Dubai Islamic Bank Extends Deadline Of Tamweel Share Swap Offer (17 March 2013)
Dubai Islamic Bank (DIB) today announced that it has extended the deadline for acceptance of Tamweel share swap applications, to allow adequate time for shareholders to complete administrative formalities. The offer will now remain open until 5pm on Saturday, March 30, 2013.

ubai Islamic Bank shareholders approve 100 per cent acquisition of Tamweel (4 March 2013)
Following the conclusion of its Extraordinary General Assembly Meeting (EGM), Dubai Islamic Bank (DIB) announced that the assembly has approved its 100 per cent acquisition of Tamweel PJSC, the Islamic home finance provider.

Dubai Islamic Bank Publishes Formal Offer For Tamweel (25 February 2013)
Following approval from the Securities and Commodities Authority (SCA), Dubai Islamic Bank PJSC (DIB) has published its formal offer for the shares in Tamweel PJSC it does not currently own.

Dubai Islamic Bank Publishes Formal Offer For Tamweel (24 February 2013)
Tamweel PJSC shareholders will receive a copy of the Offer, the Offer Statement and the Acceptance Form by mail. In order to participate in the offer, qualifying shareholders have to submit acceptance forms directly to an appointed broker or custodian.

Tamweel Completes Repayment Of USD 300 Million Sukuk (30 January 2013)
Tamweel PJSC, the UAE Islamic home finance provider, today announced that it has repaid in full a USD 300 million five-year Sukuk, which matured in January 2013.

Tamweel Reports Steady Operating Income Of AED 603 Million For 2012 (22 January 2013)
Tamweel PJSC, the UAE Islamic home finance provider, today announced its financial results for the year ending December 31, 2012.

Dubai Islamic Bank announces its intention to take over 100% of Tamweel (3 January 2013)
The Board of Directors of Dubai Islamic Bank PJSC (DIB), in a board meeting today, have discussed and approved an additional business matter item in regards to the bank’s intention of acquiring 100 percent of Tamweel.

RE: Fire at Tamweel Tower (18 November 2012)
"At Tamweel, our very highest priority is the safety and well-being of the owners and residents," said Varun Sood, Acting Chief Executive Officer, Tamweel.

Tamweel reports steady operating income on the back of rising property prices for first nine months of 2012 (23 October 2012)
Tamweel PJSC, the UAE Islamic home finance provider, today announced its financial results for the period ending September 30, 2012.


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