Al Ramz Corporation Investment and Development PJSC

Al Ramz Corporation Investment and Development PJSC

ALRAMZ

1 week

0.00 %

1 month

-0.02 %

3 months

-0.11 %

OverviewInsightsDisclosures

Al Ramz Corporation Investment and Development PJSC

Logotype for Al Ramz Corporation Investment and Development PJSC
Ticker/ISIN
ALRAMZ
AED000801012
Market/Country
Dubai Financial Market
United Arab Emirates

About Al Ramz Corporation Investment and Development PJSC

Country of Origin: United Arab Emirates (U.A.E)

Al Ramz Corporation Investment and Development PJSC is a limited liability company which was originally incorporated in Dubai on 21 June 1975 by an Emiri Decree and it became a public shareholding company in 1997, in accordance with the UAE Federal Law No. (8) Of 1984 (as amended).

The Company was incorporated for a period of 30 years which were completed on 20 June 2005. The shareholders have decided to extend the duration of the Company by 50 more years.

Latest Pressrelease Summaries from Al Ramz Corporation Investment and Development PJSC

Al Ramz Capital LLC, based in Dubai, has been appointed as a liquidity provider for Sharjah Islamic Bank, an Abu Dhabi-listed financial institution. This appointment, effective December 10, 2024, will involve Al Ramz independently trading Sharjah Islamic Bank shares to optimize trading conditions. As a licensed market maker with over 25 years of experience in UAE capital markets, Al Ramz aims to enhance the order book, reduce trading spreads, and increase trading volume, thereby minimizing the illiquidity discount. CEO Karim Schoeib expressed satisfaction with the appointment, highlighting Al Ramz's commitment to governance and transparency. Al Ramz is recognized for its market-making services across various UAE exchanges, including the Abu Dhabi Securities Exchange, Dubai Financial Market, and Nasdaq Dubai. Founded in 1998, Al Ramz offers a range of financial services and is regulated by UAE financial authorities.
Al Ramz Corporation Investment and Development PJSC has scheduled a board meeting on Wednesday, December 11, 2024, starting at 11:00 AM. The agenda includes discussing various business-related matters. The announcement is made by Mr. Haitham El Hariri, the Board Secretary.
Al Ramz Capital LLC has been appointed as a liquidity provider for Bank of Sharjah, a financial institution listed on the Abu Dhabi Securities Exchange. The appointment will allow Al Ramz to begin independent trading of Bank of Sharjah shares from November 21, 2024, following regulatory approvals. The role of a liquidity provider is to optimize share trading by improving the order book, minimizing trading spreads, reducing price volatility, and increasing trading volume. Al Ramz, with over 25 years of experience in UAE capital markets, is a licensed market maker on both the Dubai Financial Market and Abu Dhabi Securities Exchange. The CEO of Al Ramz, Karim Schoeib, expressed his delight at the appointment, emphasizing their commitment to maintaining high standards of governance and transparency. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market, offering services such as asset management, corporate finance, brokerage, and financial research.
Al Ramz Corporation PJSC, a financial services provider in the UAE, announced a net profit of AED 9.2 million for the third quarter of 2024. The company saw a 49% increase in corporate finance and advisory revenues and was designated as the liquidity provider for several companies, including ADNOC Drilling Company PJSC and Abu Dhabi Ports Company PJSC. Despite regional geopolitical challenges impacting capital markets, Al Ramz remains focused on sustainable growth through investments in digital trading, market making, asset management, and credit services. The digital trading platform saw significant user growth, with a 112% increase from the previous quarter. The platform now offers full Arabic language support and received the "Mobile App of the Year" award from Entrepreneur Middle East's Leaders in Fintech Awards 2024.
Watania International Holding (DFM: WATANIA) has appointed Al Ramz Capital LLC as its liquidity provider, effective August 15, 2024, following regulatory approvals. Al Ramz, a licensed market maker with over 25 years of experience in UAE capital markets, will manage the independent trading of Watania's shares to optimize trading conditions, reduce price volatility, and enhance trading volumes. Watania's CEO, Gautam Datta, emphasized that the appointment aligns with the company's strategy to boost market positioning and investor confidence. Al Ramz's CEO, Karim Schoeib, highlighted their commitment to maintaining high standards of governance and transparency while facilitating optimal trading conditions. Al Ramz is known for its market-making services across various UAE exchanges, including the Abu Dhabi Securities Exchange, Dubai Financial Markets, and Nasdaq Dubai.
Al Ramz Corporation PJSC, a non-banking financial institution in the UAE, reported a net profit of AED 2.4 million for the first half of 2024. The company saw a 74% increase in corporate finance and advisory revenues and launched US markets trading. Despite regional geopolitical tensions and a subdued market environment, Al Ramz maintained its non-investment revenue streams and achieved a 49% increase in investment-adjusted earnings quality. Key financial highlights include total revenues of AED 41 million, finance income of AED 24 million, and corporate finance and advisory revenues of AED 10.3 million. Additionally, Al Ramz was appointed as a liquidity provider for Abu Dhabi Ports Company PJSC and ADNOC Drilling Company PJSC, reinforcing its leadership in market-making and liquidity provision in the UAE capital markets.
Al Ramz Capital LLC, based in Dubai, UAE, announced its appointment as the liquidity provider for ADNOC Drilling Company PJSC, the largest drilling and well completions company in the Middle East by fleet size. Al Ramz will begin independent trading of ADNOC Drilling shares on 18 July 2024, following regulatory approvals. With over 25 years of experience in UAE capital markets, Al Ramz is a licensed market maker on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM). The company is recognized for its market-making services, which enhance liquidity by enriching the order book, minimizing trading spreads, reducing price volatility, and increasing trading volume. Founded in 1998, Al Ramz offers various financial services including asset management, corporate finance, brokerage, security margins, market making, liquidity providing, public offering management, and financial research.
Al Ramz Capital LLC, based in Dubai, has been appointed as a liquidity provider for Al Ansari Financial Services, a leading financial services group listed on the Dubai Financial Market (DFM). This appointment will allow Al Ramz to independently trade Al Ansari shares, optimizing share trading by enriching the order book, minimizing trading spreads, reducing price volatility, and increasing trading volume. Al Ramz, with over 25 years of experience in UAE capital markets, is recognized for its market-making services on the DFM, Abu Dhabi Securities Exchange (ADX), and Nasdaq Dubai. CEO Karim Schoeib emphasized their commitment to upholding high standards of governance and transparency while enhancing trading conditions. Founded in 1998, Al Ramz offers a wide range of financial services and is regulated by the UAE Securities and Commodities Authority and the Dubai Financial Services Authority.

Threads

Previous
Page 5
Next
DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Results of Board Decisions by Passing

AlRamz Corporation Investment and Development PJSC, based in Dubai, United Arab Emirates, has disclosed the results of a Board of Directors meeting held on January 2, 2024. The board approved various business-related matters. The information was shared by Mr. Haitham ElHariri, the Acting Board Secretary. The corporation has a paid-up capital of AED 549,915,358.

1. Attached Document

BondSharesBond

BondSharesBond

Commented on FinanceBroAEDs Transaction regarding Al Ramz Corporation Investment and Development PJSC

Ah, Al Ramz Corporation, intriguing choice. Risky move given the current market, but fortune favors the bold. Keep an eye on those yields, 007.
DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Board Decisions by Passing

The text appears to be an address and brief information about AlRamz Corporation PJSC, an investment and development company based in Dubai, United Arab Emirates. The company is located at Level 9, Rolex Tower. Mr. Haitham El Hariri is mentioned as the Acting Board Secretary. The company has a capital of AED 549,915,858.

1. Attached Document

DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: BOD Meeting

The AlRamz Corporation Investment and Development PJSC, based in Dubai, United Arab Emirates, has announced a board meeting to be held on Wednesday, 06 December 2023. The meeting will discuss regular business matters. Mr. Haitham El Hariri will act as the Board Secretary. The corporation has a paid-up capital of AED 549,915.85.

1. Attached Document

DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Postponement of Board Meeting

The board meeting of AlRamz Corporation Investment and Development PJSC that was scheduled for 27th November 2023 has been postponed. The new date will be communicated in compliance with disclosure requirements. The acting board secretary, Mr. Haitham El Hariri, made this announcement. The corporation has a paid-up capital of AED 549,915,858.

1. Attached Document

DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: BOD meeting

1. Attached Document

DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Press release regarding financial results for the 3rd QTR of 2023

Al Ramz Corporation PJSC, a UAE-based financial services provider, has reported a net profit of AED 21.6 million for Q3 2023, with revenues reaching AED 81.3 million. This represents an increase from AED 80.3 million during the same period in the previous year. Despite a contraction in commission income due to reduced market volumes, the company has seen a rise in net interest income. The company's growth is attributed to strong performances across various business units and strategic alliances, including a joint venture with Derayah in Saudi Arabia. The company is also investing heavily in technology to support innovative solutions for clients, including a cutting-edge trading platform.

1. Attached Document

DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Result of BOD meeting

AlRamz Corporation Investment and Development PJSC held a Board of Directors meeting on November 6, 2023. The board approved the financial statements for the third quarter of 2023 and discussed other business operation matters. The meeting was announced by the Acting Board Secretary, Mr. Haitham ElHariri.

1. Attached Document

DFM News

DFM News

News Update From Al Ramz Corporation Investment and Development PJSC

Disclosure: Financial statements for the 3rd QTR of 2023

1. Attached Document

Previous
Page 5
Next