Latest news with #AlRamzCorporationPJSC
Zawya
05-08-2025
- Business
- Zawya
Al Ramz Corporation PJSC delivers strong first-half 2025 performance
Net profit surged to AED 18.8 million, a sevenfold increase compared to the same period last year. Al Ramz recorded a 62% increase in revenue, driven by strong performance across brokerage, market making, asset management, and higher financing income, in line with approved strategic plans. Awarded significant liquidity provision mandates by ADNOC Group, marking a key strategic milestone in Al Ramz's market-making capabilities. Dubai, UAE – Al Ramz Corporation PJSC (UH: ALRAMZ), a leading financial services provider with over 25-year legacy in the UAE capital markets, announced its financial results for the six-month period ended 30 June 2025. The Company reported a net profit of AED 18.8 million for the first half of the year, reflecting a period of strong growth and solid financial performance. The Group remains committed to driving sustainable growth through strategic investments in innovation and technology across its core pillars, including the digital financial mall, market making, asset management, and prime brokerage services. Revenue growth during the first half of the year was further fueled by heightened market volatility and the accelerating adoption of Al Ramz's digital offerings by an expanding and increasingly engaged client base. Asset manAgemEnt Al Ramz delivered strong results in the first half of the year, with assets under management (AUM) growing by 75% and revenues increasing by 98%. These results reflect not only the strength of our product offerings and client relationships but also the enhanced capabilities of a fully scaled and strategically aligned team, now operating at full strength to support continued growth. The asset management division also delivered net total returns in public equity of 8.6% for its clients as of 30 June 2025, outperforming the equity benchmark. This follows net total returns in public equities of 15.6% in 2024. Market making In the first half of the year, Al Ramz strengthened its position as a regional leader in liquidity provision, recording a 143% increase in market making revenues, driven in part by the successful execution of five strategic mandates. Capitalizing on this momentum, Al Ramz expanded its market-making capabilities across key regional exchanges, in line with its focused growth strategy. Looking ahead, the Group is well-positioned to further scale its platform through selective and strategic partnerships. DIGITAL FINANCIAL MALL Al Ramz continues to deliver strong digital growth in line with its vision of building a comprehensive financial platform, recording a 365% increase in online revenues, 64% growth in customer acquisition and a 63% rise in client portfolios. These results reflect our focus on innovation, accessibility and user experience. The integration of generative AI into THOR has enhanced client interactions with smarter insights and personalized content. In recognition of its digital leadership, Al Ramz's mobile trading app was named 'Best Digital Innovation – Trading App' at The Digital Banker Middle East & Africa Innovation Awards 2025. Mohammad Al Mortada Al Dandashi, Group Managing Director stated: 'Our second-quarter results underscore the strength of our strategic vision and the unwavering commitment of our team. We are proud to have been entrusted with landmark mandates from ADNOC Group, further cementing our leadership in market making across the region. As we continue to grow across business lines and geographies, we remain focused on shaping and advancing the financial markets ecosystem in the UAE and beyond.' Commitment to Shareholder Value and Strategic Outlook: Al Ramz steadfastly advances its long-term vision through disciplined execution and unwavering commitment, supported by strategic investments in talent, innovation, and operational excellence. These efforts are now bearing fruit, with net profit reaching AED 18.8 million and revenues increasing by 62%. Assets under custody grew by 43%, totaling AED 37.5 billion, underscoring the deepening trust and confidence of our clients. Building on this strong momentum, Al Ramz is resolute in pursuit of sustained growth and the creation of enduring value for our shareholders. FOR MEDIA INQUIRES, PLEASE CONTACT: Jad El Cheikh Senior Manager – Client Experience Weber Shandwick MENAT Email: Telephone: +971 4 445 4222
Zawya
19-02-2025
- Business
- Zawya
Al Ramz continues regional expansion with Bahrain Bourse market making license
New license reinforces Al Ramz's leadership in regional market making Expansion aims to further develop regional footprint Dubai, UAE – Al Ramz Corporation PJSC (ALRAMZ:UH), a leading financial services institution with a 25-year legacy in capital markets, has marked another milestone in its regional expansion strategy with the granting of a market maker license by the Bahrain Bourse (BHB). This license follows Al Ramz's recent approval from the Muscat Stock Exchange (MSX), reinforcing its regional expansion. The license cements Al Ramz's robust role as a key enabler of market efficiency in the GCC, bringing its proven market-making expertise to Bahrain. With a track record of enhancing price discovery, narrowing spreads, and stabilizing trading environments in the UAE, Al Ramz is well-positioned to support in further developing the financial sector as the engine of the country's economy. Karim Shoeib, Group CEO – Investment Banking, Al Ramz, stated: 'securing our market-making license in Bahrain represents another strategic step in our plans to further consolidate our already strong presence across the GCC region. In extending our reach, we demonstrate our commitment to playing a leading role in regional markets by reinforcing investor confidence and upholding the highest standards of market integrity.' 'Our expansion into Bahrain – in support of the goals of the country's ambitious national vision – is underpinned by our robust business model, which has evolved through the development of advanced quantitative strategies, algorithmic trading capabilities, and well-established governance frameworks. By optimizing order flow, enhancing price discovery, and reducing volatility, we aim to drive market efficiency while ensuring ethical, responsible market practices. With our operations supported by a highly skilled, vastly experienced team and state-of-the-art technology and innovation, we look forward to offering a solid contribution to the ongoing development of Bahrain's financial ecosystem, and to helping increase its resilience and stability.' Al Ramz's most recent expansion underscores its commitment to supporting regional capital markets with best-in-class market-making capabilities. Leveraging insights from its governance leadership in liquidity provision, the firm remains dedicated to fostering ethical and sustainable financial markets while ensuring transparency, market stability, and regulatory alignment. As a publicly listed company on the Dubai Financial Market, Al Ramz continues to scale its regional operations across market making, asset management, brokerage, and corporate finance, reinforcing its leadership in the GCC's financial ecosystem. ABOUT AL RAMZ Founded in 1998, AI Ramz is a UAE-domiciled public joint stock company listed on the Dubai Financial Market and regulated by the UAE Securities and Commodities Authority and the Dubai Financial Services Authority. Al Ramz provides a broad spectrum of services, including asset management, corporate finance, brokerage, security margins, market making, liquidity providing, public offering management and financial research. FOR MEDIA INQUIRES, PLEASE CONTACT: Jad El Cheikh Senior Manager – Client Experience Weber Shandwick MENAT Email:
