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Latest North Africa Mortgage News

  • Dubai house prices 'fall by 16%' 6 Oct 2008 04:37 GMT
    ... has already doubled the interest rate that banks charge each other in the last four ... exposure to risk. In August, the investment bank Morgan Stanley predicted that Dubai house prices ... compared with Dh2,222 in Abu Dhabi. Although mortgages will be harder to come by, Colliers ...

  • Dubai property market to flatten out 6 Oct 2008 02:30 GMT
    ... has already doubled the interest rate that banks charge each other in the last four ... exposure to risk. In August, the investment bank Morgan Stanley predicted that Dubai house prices ... compared with Dh2,222 in Abu Dhabi. Although mortgages will be harder to come by, Colliers ...

  • Dubai's Amlak, Tamweel say holding merger talks 5 Oct 2008 23:49 GMT
    ... and Tamweel, the UAE's two publicly listed mortgage finance companies, announced on Saturday that they ... and Chairman of Amlak Finance. Analysts and banking industry experts said yesterday that the merger ... Properties for Amlak Finance, and Dubai Islamic Bank and Dubai World for Tamweel - are fully ...

  • Trading places 4 Oct 2008 14:36 GMT
    ... originally conceived. In a country where commercial banks hardly existed less than five years ago, ... Shura Council is expected to ratify a mortgage law that should provide badly needed leverage ... cash economy. International investment banks like Deutsche Bank and JP Morgan Chase, which are begging ...

  • Dubai: No need to panic 4 Oct 2008 13:26 GMT
    ... of some degree of nervousness, the central bank of the United Arab Emirates (UAE) announced ... was making $13.6 billion available to local banks to bridge any liquidity shortfalls. Both the ... region being largely unaffected by the sub-prime mortgage crisis, and with a significant number of ...


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