Amlak and Tamweel halted on Dubai bourse

Amlak and Tamweel halted on Dubai bourse

Last updated:
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.

Sign up for the Daily Briefing

Get the latest news and updates straight to your inbox