
The consolidated results of Dubai Financial Market Company’s fiscal year, which ended on December 31st, 2024, showed a 24% increase in net profit (pre-tax) to Dhs409.3 million from Dhs329.6 million in 2023.
The expansion was fuelled by high trading volumes, substantial capital inflows, a spike in institutional and retail investor engagement, and consistent market performance in addition to investment returns. DFM’s robust performance for the quarter that ended on December 31, 2024, confirmed its status as the region’s top financial exchange.
With total revenues of Dhs632.3 million for the entire year 2024, DFM reported a 15.5% rise over the previous year. This revenue comprises Dhs279.2 million in investment returns and other income, as well as Dhs353.1 million in operating income.
The year saw three very successful initial public offerings (IPOs), with Talabat’s listing being the biggest international IT IPO of the year. At year-end, the DFM General Index reached its highest level since September 2014, ending at 5,158.67, a spectacular decade-high milestone, after rising 27.1%.
Additionally, Dubai continued to hold its position as the top-performing market in the GCC for the second year in a row. This remarkable increase in the index is the biggest yearly improvement in three years and marks the fourth year in a row that DFM has increased.
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