Dubai Financial Market-listed Al Ramz Corporation reported net profit of AED 47.2 million for the first nine months of 2026, representing a 46% year-on-year increase. Total revenue rose 31% to a record AED 150.1 million, supported by growth across the group’s financial services businesses, including brokerage, market making, financing activities and asset management.
Profit before tax increased 44% to AED 51.5 million, while earnings per share rose to AED 0.086 from AED 0.059 in the corresponding period of 2025. Revenue growth outpaced the increase in operating expenses, helping improve the cost-to-income ratio to approximately 66% from 69%, reflecting stronger operating efficiency across the group’s diversified financial services platform.
Total assets reached AED 2.18 billion as of September 30, 2026, representing a 36% year-on-year increase, while total equity rose 11% to AED 600.1 million. Margin receivables increased 47% to AED 826.7 million, reflecting growth in the group’s financing activities. Al Ramz also distributed AED 38.5 million in cash dividends during the year.
The market-making and liquidity-provision business generated revenue of AED 15.3 million, up 37% year-on-year. The number of revenue-generating mandates increased to 23 from 19, including eight in Oman, while the value of securities traded through the business increased 96% to AED 54.5 billion. Al Ramz continued providing liquidity services for companies including PureHealth, Talabat and Invest Bank, alongside its established relationships with ADNOC Group companies.
Asset management revenue increased 35% to AED 10.1 million, while assets under management reached a record AED 1.54 billion, representing 18% growth. During the period, Al Ramz launched two investment funds covering GCC equities and sukuk and established its asset management platform in Abu Dhabi Global Market. The Sky One Money Market Fund also reached AED 758 million in assets during the third quarter.
Brokerage operations recorded an 8% increase in nine-month net commission income to AED 43.5 million, supported by expanding access to GCC and US financial markets. The group’s Digital Financial Mall registered 24,268 users, representing 43% year-on-year growth, while client assets on the platform increased 25% to AED 8.19 billion. Users accessing foreign markets grew 74% to 13,935.
Al Ramz continued expanding its digital investment offering through the introduction of US options trading, US exchange-traded funds and additional portfolio analysis tools. Its proprietary artificial intelligence investment agent, THOR, received recognition at The Digital Banker’s Global AI Innovation Awards 2026 for its investment-related capabilities, including portfolio construction, investor profiling and portfolio reviews.
Group Managing Director Mohammad Al Mortada Al Dandashi highlighted the company’s continued expansion across regional capital markets and its focus on combining investment expertise with technology. Looking ahead, Al Ramz intends to strengthen its asset management franchise, expand its regional presence and invest further in automation, data and artificial intelligence to support its financial services operations.
Disclaimer: This article is for informational purposes only and should not be construed as investment, financial, or legal advice.
