Close Menu
UAE NEWS TODAY
    What's New

    From Dubai to Doha: How Aesthetic Medicine Training Is Expanding Across the Gulf

    August 19, 2026

    Mediclinic Middle East recognised by SRC as Network of Excellence in Endoscopy

    August 19, 2026

    DIB launches its first youth council to develop the next generation of talent

    August 19, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    UAE NEWS TODAYUAE NEWS TODAY
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    UAE NEWS TODAY
    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 LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp 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 ArticleJaafar Jackson to star in ‘Supermax’ next alongside Will Smith
    Next Article iOS 27 finally gives Apple Photos a proper camera roll with ‘Captured by Me’

    Related Posts

    DIB launches its first youth council to develop the next generation of talent

    August 19, 2026

    OpenAI unveils ChatGPT for Teens with stronger guardrails, parental controls

    August 19, 2026

    Oil market starts pricing in a prolonged Hormuz crisis

    August 19, 2026
    Top Posts

    UAE strengthens lead on day two of UAE National Jiu-Jitsu Championship

    June 13, 2026

    UAE Team Emirates-XRG targets victory at Copenhagen Sprint with Sprinter Leading Squad

    June 12, 2026

    Saeed Al Hajeri reaffirms UAE’s commitment to strengthening partnership with New Zealand

    June 12, 2026

    ECSSR Director-General meets Vice Minister of International Department of CPC Central Committee

    June 13, 2026
    Don't Miss

    From Dubai to Doha: How Aesthetic Medicine Training Is Expanding Across the Gulf

    Lifestyle August 19, 2026

    Aesthetic medicine in the Gulf is entering a more mature phase. After years of rapid…

    Mediclinic Middle East recognised by SRC as Network of Excellence in Endoscopy

    August 19, 2026

    DIB launches its first youth council to develop the next generation of talent

    August 19, 2026

    Madonna and Taylor Swift lead the 2026 MTV VMA nominations ahead of the ceremony

    August 19, 2026
    2026. All rights reserved.
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us

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