Al Ramz Capital, a brokerage house in the UAE, is planning a reverse takeover with its acquisition of 82.4 per cent of Dubai Development Company (DDC), three sources familiar with the matter told Reuters on Thursday.
Al Ramz Capital, a leading financial services firm, has topped trading in the UAE securities markets for June with a total traded value of Dh10.8 billion ($2.9 billion).
The firm also ranked first in the Dubai
Dubai Financial Market (DFM) has accredited ‘Al Ramz Securities’ to provide direct market access (DMA) for global brokers.
This accreditation takes the number of DMA service providers to six, while the exchange is curr
Leading UAE brokerage house Al Ramz Securities won the ‘Retail Broker of the Month Award’ for the month of June from Nasdaq Dubai.
The value of retail trade handled by Al Ramz for the said period topped $2.7 million to
UAE-based Al Ramz Securities, a leading financial services firm, posted its fourth consecutive month of market leadership by trading Dh2.2 billion ($598.8 million) in April to account for 9.86 per cent of national brokering.
Al Ramz Securities, one of UAE’s leading brokerage houses, marked its growth in 2012 with several new services, major recognitions and key partnerships.
Al Ramz kicked off the year with the Emirates Securities and Commoditie
Al Ramz Securities, one of the UAE’s leading brokerage houses, has signed an agreement with Gulfmena Investments, a specialist asset management company in the Dubai International Financial Centre, to collaborate on research and market analysis.
Al Ramz Securities, one of UAE’s leading brokerage houses, has entered into a partnership agreement with CNBC-Arabia in cooperation with Awal IT Services, the company said.
The agreement was signed by Mohammad Murtada Al Dandashi, partner