Arab Today, arab today tamweel profit drops 33
Last Updated : GMT 11:40:20
Arab Today, arab today
Arab Today, arab today

Tamweel profit drops 33 %

Arab Today, arab today

Arab Today, arab today Tamweel profit drops 33 %

Dubai - Arabstoday

Islamic mortgage provider Tamweel posted a 33 per cent drop in second-quarter profit on Wednesday as revenue fell and costs rose. Tamweel, majority owned by Dubai Islamic Bank, made a net profit of Dh18.6 million in the three months to June 30, down from 27.7 million dirhams in the prior-year period. The firm\'s first-quarter profit also fell. Quarterly revenue dropped slightly to Dh136.9 million, from Dh141.6 million a year earlier, while \"depositors\' share of profit\" - sales costs - rose 8.7 per cent to Dh88.9 million. Tamweel had cash and cash equivalents worth Dh564 million as of June 30, up from Dh187.5 million at the end of 2011.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tamweel profit drops 33 Arab Today, arab today tamweel profit drops 33

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today tamweel profit drops 33 Arab Today, arab today tamweel profit drops 33

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday