Amlak and Tamweel halted on Dubai bourse

Last updated: November 23, 2008 | 10:51

1 MIN READ

Dubai: Shares in mortgage lenders Tamweel and Amlak are suspended on the Dubai bourse, pending receipt of the details of their merger, the bourse said in a statement on its website.

The two firms announced on Sunday they would merge under the Real Estate Bank, a government-owned entity, and form a bank.

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Amlak and Tamweel halted on Dubai bourse

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