Al Ramz Capital Ranked First in DFM in 2017

Al Ramz Corporation’s Brokerage Arm, Al Ramz Capital, ranked First in DFM in terms of traded volumes in 2017. Dubai, UAE, January 7, 2017. Al Ramz Corporation Investment & Development PJSC, the DFM listed entity announced today that its subsidiary “Al Ramz Capital” has been ranked first in terms of trading volumes in Dubai Financial Market with a market share of 8.66% and total value traded of AED 19.9 billion in 2017.
“We are very happy that our efforts have reflected positively on the company’s performance. While we are focused on the company’s growth and expansion, we monitor Al Ramz Capital performance (a subsidiary of Al Ramz Corporation), which has, as always, met the expectations of our stakeholders, we take the opportunity to extend our appreciation and gratitude to the financial markets management and regulators for their continuous efforts to upgrade the financial markets capabilities and services and we will continue to work hand in hand with them to be an active participant of a growing and dynamic investment environment.” Said Dhafer Al Ahbabi, Chairman of Al Ramz Corporation PJSC.
“We are proud of our company’s performance that has pioneered the brokerage industry since inception, we now look forward to build a similar track record in our newly lunched lines of businesses such as asset management, corporate advisory, market making and liquidity providing in addition to the new offering that we intend to launch in the near future, this is only possible with continued support of our esteemed customers, the board and our stakeholders” Said Mohammad Al Mortada Al Dandashi, Managing Director of Al Ramz Corporation PJSC.
Background Information
Al Ramz Securities
Founded in 1998, Al Ramz is a UAE domiciled public joint stock company listed on Dubai Financial Market and regulated by the UAE Securities and Commodities Authority as well as the Dubai Financial Services Authority. Al Ramz is a premier financial institution providing a broad spectrum of services including asset management, corporate finance advisory, brokerage, lending and borrowing, market making, liquidity providing and research.
Since its inception, Al Ramz has played a prominent role in shaping the UAE’s financial markets and has earned multiple awards and accolades through its proven track record including the 2018 Banker Middle East Best Broker – Middle East as well as the 2018 Banker Middle East Best Market Maker - Middle East