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The Cre8 Group is an overseas Property and Investment Company that has offices throughout the UK, Europe and has its head office in Dubai.

Over the last few years The Cre8 Group has succeeded in making the process of purchasing property abroad easier, and has assisted many diverse clients and investors after listening to their needs and circumstances.




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	Investor services
	Resales
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	Inspection trips

Dubai Lagoon

Dubai is the worlds fastest growing business capital, standing proud on the shores of the Arabian Gulf. Dubai has been transformed from a small, old-world town to a modern city, with an ever-changing skyline of new developments.






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Amlak-Tamweel merger hoped to boost mortgage finance in UAE

Two major Islamic mortgage providers in the UAE - Amlak Finance PJSC and Tamweel, have merged into a new $8billion lender to ensure that mortgage thrives in the country for several more years.

According to Rami Sidani - Head MENA (Middle East and North Africa) Investments at Schroders Investment Management, although there is no direct added value or economic benefit to be derived out of the merger, having both major companies under a single entity would be the ideal strategy for the government to offer much-required support for the two largest players of mortgage finance in the country, which is a vital segment for real estate recovery.

With both companies being placed under the Emirates Development Bank, it is a strong indication that the government is acting quickly to stimulate the real estate sector and offer the required support, he added.

The Fund Manager of Al Mal Capital, Tarek Qaqish, said that the merger would improve the capability levels of both the companies. The merger of both under Emirates Development Bank would be supported by the Federal Government, and this would enhance the liquidity of both companies, he said.

The Chief Executives of both companies are hoping that the merger would be complete towards the first quarter of 2009.

estatesdubai

Wednesday, January 07, 2010

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