Close Menu
Business News MEA
    Facebook X (Twitter) Instagram
    Friday, August 7
    Facebook X (Twitter) Instagram LinkedIn VKontakte
    Business News MEABusiness News MEA
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Business News MEA
    You are at:Home»Business»Al Ramz reports 90% rise in H1 net profit
    Business

    Al Ramz reports 90% rise in H1 net profit

    Editorial TeamBy Editorial TeamAugust 4, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    DUBAI, 4th August, 2026 (WAM) — Al Ramz Corporation PJSC on Tuesday reported strong financial results for the six months ended 30th June 2026, driven by growth across its market-making, asset management, brokerage and digital platform businesses.

    Net profit rose 90 percent year-on-year to AED35.8 million, while profit before tax increased 87 percent to AED39.0 million.

    Total revenues reached a record of AED105.9 million, growing 59 percent year-on-year. Assets under management increased to AED1.5 billion, reflecting continued client confidence and successful product expansion.

    Net commission income increased by 35 percent to AED30.9 million, supported by higher trading volumes and the continued scaling of Al Ramz’s Digital Financial Mall. Asset management fees rose by 36 percent to AED6.4 million as the Group benefited from higher assets under management and growing demand for its investment products.

    Market-making revenues grew by 45 percent to AED10.0 million, while net interest income reached a record AED37.8 million, increasing by 48 percent.

    Mohammad Al Mortada Al Dandashi, Group Managing Director, said, “Our first-half 2026 results demonstrate delivery against our strategy, with record performance, strong revenue momentum and progress across regional capital markets advisory, market making, asset management and digital financial services.”

    Source: Emirates News Agency

    Previous ArticleShafique, Babar lead strong Pakistan reply against West Indies
    Next Article Paula Blasi remains Best Young Rider at Tour de France Femmes

    Related Posts

    Dubai Mallathon takes off at DXB for first time

    August 7, 2026

    Invest Bank posts AED58 million Q2 pre-tax profit

    August 7, 2026

    XRG chemicals portfolio delivers resilient second-quarter earnings, value for UAE

    August 7, 2026
    Don't Miss

    Women’s T20 Asia Cup to be held in Dubai; tournament final on September 13

    Dubai Police celebrate graduation of fourth batch of ‘Sawaed Al Aman’ programme

    Dubai Mallathon takes off at DXB for first time

    Dubai Police introduce Horizon X to shape future of policing

    2026. All rights reserved.
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.