DUBAI, March 24 Dubai's indebted mortgage lender
Amlak, whose shares have been suspended since 2008,
will resume trading on Dubai's bourse in the second half of this
year, the United Arab Emirates' economy minister said on Monday.
"Our target is to list the company in the second half of
this year," Sultan bin Saeed al-Mansouri told reporters on the
sidelines of an event in Abu Dhabi.
Amlak has not traded since November 2008, when its shares
were suspended along with rival Tamweel, as credit markets dried
up and Dubai real estate prices began a slump which would see
them fall more than 50 percent from their peak.
(Reporting by Stanley Carvalho, Writing by Praveen Menon;
Editing by Matt Smith)