Al Ramz Reports 90% Increase in H1 Net Profit - Business Today Middle East
Al Ramz Corporation PJSCreported a90% year-on-year increase in net profitfor the first half of 2026, supported by strong growth across its market-making, asset management, brokerage and digital financial. . .
Al Ramz Corporation PJSCreported a90% year-on-year increase in net profitfor the first half of 2026, supported by strong growth across its market-making, asset management, brokerage and digital financial services businesses. For the six months ended30 June 2026, the company posted a net profit ofAED35. 8 million, whileprofit before taxrose87%toAED39 million. Total revenue reached a recordAED105. 9 million, representing a59% increasecompared with the same period last year. Meanwhile,assets under management (AUM)grew toAED1. 5 billion, reflecting continued client confidence and the expansion of the company’s investment offerings. Net commission income increased35%toAED30. 9 million, driven by higher trading activity and the continued growth ofAl Ramz’s Digital Financial Mall. Asset management fees also rose36%toAED6. 4 million, supported by higher AUM and increasing demand for the company’s investment products. Revenue from market-making activities climbed45%toAED10 million, whilenet interest incomereached a recordAED37. 8 million, marking a48% year-on-year increase. Mohammad Al Mortada Al Dandashi, Group Managing Director of Al Ramz, said the company’s first-half performance reflects the successful execution of its growth strategy, delivering record financial results and strong momentum across regional capital markets advisory, market making, asset management and digital financial services.