Tamweel profit rises 259% in H1
- United Arab Emirates: Tuesday, July 22 - 2008 at 07:26
Dubai-based real estate finance company Tamweel has reported that its net profits in the first half of 2008 reached Dhs387.3m ($106m), up 259% compared to Dhs108.03m in the first half of 2007. Net profit for the second quarter of 2008 touched Dhs210.95m, an increase of 266% from Dhs57.56m in the second quarter of last year.
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Jeff Florian, Senior Reporter



