19 November, 2012

Fire at Tamweel Tower
Dubai, UAE; November 18, 2012: Following the outbreak of a fire in the early hours of Sunday, November 18, 2012, at Tamweel Tower, a 34-storey, mixed-use tower in Jumeirah Lakes Towers in Dubai, Tamweel, the UAE Islamic home finance provider, stated today that the Company is currently working very closely with Dubai Civil Defence to ensure the well-being of owners and residents.

Thanks to the efforts of Dubai Civil Defence, that fire has been contained and there were no causalities.

"At Tamweel, our very highest priority is the safety and well-being of the owners and residents," said Varun Sood, Acting Chief Executive Officer, Tamweel. "Our staff are on site and have provided transportation and hotel accommodation, in coordination with DMCC, to any resident who requires such assistance. We will continue to work with the Building's Owners Association to assist all residents and we remain fully committed to ensuring their well-being."

"In line with our established business continuity plans, Tamweel is currently operating from its Business Avenue offices in Deira, Dubai, serving customers through our Deira and Abu Dhabi offices."

"We will continue to work closely with the Civil Defence, and remain wholly focused on the safety and well-being of the residents and staff."
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