DUBAI: Al Ramz Corporation Investment & Development PJSC announced the acquisition of the market‐making business of SHUAA Capital, the leading Asset Management and Investment Banking platform in the region created by the merger of SHUAA Capital and Abu Dhabi Financial Group (ADFG). The transaction will entail transfer of personnel and market‐making activities to Al Ramz.…
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Al Ramz posts 3.5% profit growth in the quarter
DUBAI: Al Ramz Corporation Investment and Development (Al Ramz) reported net profit of AED 12.6 million for the second quarter of 2019 ended June 30, 2019 compared to net profit of AED 12.2 million for corresponding period of 2018 representing an increase of 3.5%; net profit was AED 177 thousand for the first half of…