Sunday 02, February 2014 by Matthew Amlôt

DFM net profit rises 709 per cent to AED 284.6 million in 2013

Dubai Financial Market (PJSC) has announced net profit of AED 284.6 million for the year 2013, compared to AED 35.2 million in 2012. Total revenues reached to AED 453.1 million at the end of 2013, compared to AED 191 million in 2012. The total revenue comprised AED 400 million of operational revenues and AED 53.1 million of investment revenues and others. The Board of Directors has proposed a cash dividend of five per cent of the capital equivalent to AED 400 million.

Features & Analyses

Commercial Banking Banking—creatively disrupted

Sanjeev Kumar, Group CEO, M Holdings Limited, discusses how Bank M became a top bank in Tanzania and why it is now taking its offering… read more