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$150m Tamweel IPO
- United Arab Emirates: Sunday, February 19 - 2006 at 07:52
Islamic mortgage company Tamweel is to offer $150m of new shares in an initial public offering, leaving 45% of shares with its founders, which are principally Dubai Government owned entities. The new funds will help Tamweel meet the growing demand for real estate finance.
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Peter J. CooperSunday, February 19 - 2006 at 07:52 UAE local time (GMT+4)
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This article was updated on Sat Sep 30 2006.
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