Press releases, Reports & Disclosures for Al Ramz Corporation Investment and Development PJSC

Al Ramz Capital PJSC has renewed its role as a liquidity provider for United Arab Bank (UAB) PJSC shares, following regulatory approval. From March 7, 2024, Al Ramz will independently trade UAB shares within set parameters, in line with regulatory requirements. The role of a liquidity provider is to enhance share trading by maintaining tight bid/ask spreads, increasing traded volume, reducing volatility, and thus lowering the overall liquidity risk of the stock. Al Ramz, a licensed market maker with over 20 years of experience in UAE capital markets, is committed to delivering a healthy and consistent level of trading for UAB.

Al Ramz Corporation PJSC, a financial services provider in the UAE, reported a net profit of AED 40 million in 2023, a 22% YoY increase. Total revenues also rose to AED 119 million from AED 103 million in 2022. The board proposed a dividend of AED 0.06 per share for FY 2023. The company's net finance income also grew by 57% to AED 46 million due to increased demand in the securities margin market and strategic investment decisions. Mohammad Al Mortada Al Dandashi, Group Managing Director, emphasized the company's commitment to sustainable revenue generation, principled business practices, and digital transformation.

Al Ramz Corporation Investment & Development PJSC released its preliminary results for the year ending 31 December 2023. The company, established on 25 June 1975, has a paid up, subscribed, and authorized capital of AED 549,915,858. The Chairman of the Board is Mr. Dhafer Sahmi Al Ahbabi, and the Managing Director is Mr. Mohammed Al Mortada Al Dandashi. The external auditor is Ernst & Young. The company is based in Dubai, United Arab Emirates.

Al Ramz Corporation Investment and Development PJSC has disclosed the results of its board of directors meeting held on 1st February 2024. The meeting, which took place between 11:00 AM and 12:00 PM, saw the approval of other business-related matters. The disclosure was made by Mr. Haitham El Hariri, the Acting Board Secretary of Al Ramz Corporation.

The text appears to be related to Al Ramz Corporation PJSC, an investment and development firm based in Dubai, United Arab Emirates. It seems to be referring to a board meeting disclosure circulated by Mr. Haitham El Hariri, the Acting Board Secretary.

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.

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.