Tuesday, October 22, 2024
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DFM Reports a 74% Increase in pre-Tax Net Profit to Dhs195.4 Million for the First Half of 2024

The combined financial results for the quarter that concluded on June 30, 2024, were released today by Dubai Financial Market (DFM). At Dhs 195.4 million, net profit before tax increased to 74% over the same period in 2023.

In the first half of 2024, there was a surge in new investors, higher trade values, and more trading activity. DFM also organized the yearly Capital Market Summit, which drew more than a thousand delegates from around the world. The historic occasion confirmed DFM’s position as a premier worldwide listing venue and provided important insights into the future of finance.

H.E. Helal Saeed Al Marri, Chairman of DFM, made the following statement regarding the organization’s performance: “We are proud to report a robust performance in the first half of 2024, reflecting the solid foundation we’ve built.” The triumph of our Capital Market Summit highlights our dedication to cultivating a vibrant market that promotes international communication and cooperation. We’ll keep adding value for our stakeholders by emphasising innovation, bolstering our infrastructure, and broadening the range of services and goods we provide. These initiatives uphold the exchange’s standing as the area’s top financial market and cement Dubai’s place as a major participant in the world economy.

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