Tamweel, the home finance company majority-owned by Dubai Islamic Bank, yesterday marked a key transformation from its indebted days after it was included on Dubai's main index.
Shares in the mortgage company climbed the most in a month as its stock met the requirements for inclusion on the Dubai Financial Market (DFM) General Index and the banking sub-index, according to a statement on the Dubai bourse.
Analysts last month acknowledged the re-listing as an important step towards the company getting back on track.
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