Dubai Financial Market achieves a 74% jump in profits

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The market’s total revenues increased by 40% to reach AED 305.7 million.

Dubai Financial Market announced Achieved strong financial results during the first half From 2024, its profits increased by 74% to reach 195.4One million dirhams.

This strong growth is attributed to several factors, including a 4% increase in trading volume, a rise in the number of new investors, and the success of the Capital Markets Summit hosted by the market, which attracted more than 1,000 participants.

Market officials stressed that these positive results reflect the growing confidence in the UAE economy and the success of the strategies pursued by the market to enhance its position as a regional and global financial center. They also pointed out that continuous innovation and expansion of the range of services provided have contributed significantly to this growth.

Total revenue of Dubai Financial Market

The market’s total revenues increased by 40% to AED 305.7 million, driven by increased operating income and investment returns.

Institutional investors also recorded significant activity, accounting for 66% of the total trading value, with net purchases by foreign investors amounting to AED 1.2 billion.

 

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