Tamweel
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Tamweel
Tamweel was a Dubai-based real estate finance and development company. The company had two branches in the United Arab Emirates, with the head office in Port Saeed, Dubai and another branch in Marina Mall, Abu Dhabi. The company was engaged in Islamic Sharia-compliant property financing and investment activities, including Murabaha, Ijara, Forward Ijara, Istisna, Baiti and Yusr. Its financing solutions were divided into two main categories: home financing and commercial financing. The company was also involved in the business of property development and trading. History Tamweel was established in March 2004 as a limited liability company. In July 2006, the company moved to a public joint-stock company structure and was listed on the Dubai Financial Market. In November 2008, it was announced that the federal government of the United Arab Emirates The Federal Government of the United Arab Emirates or the UAE Government is the unitary federal government of the United Arab E ...
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Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services.
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