Al Ramz Corporation Investment and Development PJSC News - Mubasher Info
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02 April 06:19 PM

Al Ramz Corporation Investment and Development PJSC (ALRAMZ)

Last update: 12:05 PM market time.
1.62
-0.02
-1.22%
Open 1.62
Previous Close 1.64
High 1.62
Low 1.62
Stock Statistics
Volume 74
Turnover 119.88
All data are 15 minutes late during market session

News

About 84 million of the bank’s shares were sold
7 June 2018 11:30 AM Ajman Bank sells 200m shares to Al Ramz Corporation’s units
Dubai – Mubasher: Al Ramz Corporation Investment and Development has announced that its subsidiaries bought 200 million of Ajman Bank’s shares. About 84 million of the bank’s shares were sold at AED 0.9 per share on Thursday in the Dubai Financial …
Trading Activities
The approved dividends account for 6% of the company’s capital
20 March 2018 01:45 PM Al Ramz’s shareholders nod to AED 33m dividends for 2017
Dubai – Mubasher: Al Ramz Corporation Investment and Development’s ordinary general meeting approved the distribution of AED 33 million in cash dividends for 2017, with a per-share dividend of AED 0.06. The approved dividends account for 6% of the …
Cash Dividends
The DFM named Al Ramz Capital an RSS service provider
12 February 2018 07:03 PM Al Ramz Capital named 1st RSS provider on DFM
Dubai – Mubasher: The Dubai Financial Market (DFM) on Monday announced that Al Ramz Capital, a subsidiary of Al Ramz Corporation Investment and Development, has become the first member to provide the regulated short selling (RSS) Service to its …
Trading Activities
Gulf Navigation appointed Al Ramz as co-bookrunner for its capital hike
31 January 2018 00:41 PM Gulf Navigation appoints Al Ramz as capital hike co-bookrunner
Dubai – Mubasher: Gulf Navigation Holding on Wednesday announced appointing Al Ramz Corporation Investment and Development as co-bookrunner for its rights issue on the Dubai Financial Market (DFM). Through its rights issue which will begin on 4 …
Corporate Actions
The signing ceremony was hosted by the Abu Dhabi bourse.
18 December 2017 03:19 PM ADX-listed Invest Bank, Al Ramz Capital ink liquidity provision deal
Abu Dhabi - Mubasher: Sharjah's Invest Bank and Al Ramz Capital on Monday signed a liquidity provision agreement under which Al Ramz Capital has been appointed as a Liquidity Provider (LP) for Invest Bank’s shares listed on the Abu Dhabi …
Macroeconomics
The OGM will elect new four board members
10 October 2017 00:52 PM Al Ramz OGM convenes to elect board members
Dubai – Mubasher: Al Ramz Corporation Investment and Development, listed on the Dubai Financial Market, on Tuesday called for Ordinary General Meeting (OGM) on 31 October 2017, to elect new board members. The OGM will elect new four board members, …
Management Decisions
Administrative expenses amounted to AED 13.2 million in Q2-17
13 August 2017 10:32 AM Al Ramz Corporation profits decline in Q2
Dubai – Mubasher: Al Ramz Corporation Investments and Developments saw a 55% year-on-year fall in its profits during the second quarter of 2017, according to a bourse statement. Net profits reached AED 6.42 million ($1.8 million) in Q2-17, …
Financial Results
Officials from Al Ramz Capital and Union Properties sign the deal
18 June 2017 11:12 AM Al Ramz Capital named liquidity provider for Union Properties
Dubai – Mubasher: Al Ramz Capital has been appointed as a liquidity provider (LP) for Union Properties’ (UP) shares after obtaining approvals from the Dubai Financial Market (DFM) and signing the agreement in June 2017. Al Ramz Capital was …
Corporate Actions
The agreement was signed on 3 May
7 June 2017 11:43 AM Al Ramz hires liquidity provider for Gulf Navigation shares
Dubai – Mubasher: Al Ramz Capital, a subsidiary of Al Ramz Corporation Investments and Developments, signed an agreement on 3 May to become a liquidity provider for Gulf Navigation Holding’s shares, according to a statement. A liquidity provider …
Corporate Actions
In 2016, Al Ramz’s annual profits increased 21.5% - ((Photo Credit: Company's Official Facebook Page)
15 May 2017 03:03 PM Al Ramz profits up 24% in Q1
Dubai – Mubasher: Al Ramz Corporation Investment and Development on Monday reported a profit increase of 24.1% in the first quarter of 2017, compared to the same period of the previous year. Profits reached AED 15.28 million ($4.16 million) in …
Financial Results
(Photo Credit: Arabianeye-Reuters)
13 April 2017 02:27 PM Al Ramz approves AED 0.05/shr dividend for 2016
Dubai – Mubasher: Al Ramz Corporation Investment and Development’s shareholders approved distributing a cash dividend of 5 fils per share, representing 5% of the company’s capital, totalling AED 27.5 million for 2016. The shareholders also …
Management Decisions
(Photo Credit: Arabianeye-Reuters)
12 March 2017 00:51 PM Al Ramz postpones OGM to 12 April
Abu Dhabi – Mubasher: Al Ramz Corporation Investment and Development on Sunday announced postponing its ordinary general meeting (OGM) to Wednesday, 12 April, according to a statement to the Abu Dhabi Securities Exchange (ADX). The OGM was …
General Assembly
Al Ramz Corporation's headquarter (Photo Credit: Facebook)
26 February 2017 09:00 AM Al Ramz Corporation board to propose dividends Tuesday
Dubai – Mubasher: Al Ramz Corporation Investment and Development said its board will discuss on Tuesday, 28 February, cash dividends for fiscal year 2016, according to a bourse filing. The board will also set a date for the shareholders’ general …
Event
The company’s stock rose 2.5% by 11:05am UAE time to AED 1.6 (Photo Credit: Arabianeye-Reuters)
14 December 2016 10:10 AM Emirates NBD sees direct deal worth AED 58m
Dubai – Mubasher: A direct deal was executed on Al Ramz Corporation Investment and Development’s stock with a volume of 48.3 million shares worth a total value of AED 58 million, according to a bourse statement. The deals were implemented through …
Trading Activities
Al Ramz’s capital amounts to AED 549.91 million (Photo Credit: Company Website)
14 December 2016 09:12 AM Al Wathba acquires 5% stake in Al Ramz Corporation
Abu Dhabi – Mubasher: Al Wathba National Insurance Co. (AWNIC) purchased a 5% stake, equivalent to 25 million shares, in Al Ramz Corporation Investment and Development, according to a statement. Al Ramz’s capital amounts to AED 549.91 million, …
Companies Investments
Janab's most recent position was at Daman Investments (Photo Credit: Arabianeye-Reuters)
28 November 2016 09:52 AM Al Ramz launches investment management division
Dubai – Mubasher: Al Ramz Corporation Investment and Development has launched its investment management services division, which will be headed by the newly appointed Chief Investment Officer Shehzad Janab. Al Ramz has recently completed its …
Companies Investments
The new firm will offer many investment products (Photo Credit: COmpany Facebook page)
27 November 2016 10:04 AM Al Ramz plans to set up new firm
Dubai – Mubasher: Al Ramz Corporation Investment and Development plans to establish a new firm to manage investments of individuals and institutions. The new firm will offer many investment products to be announced later, Alkhaleej newspaper …
Companies Investments
Losses reached AED 913,505 ($248,700) in Q3-16 (Photo Credit: Facebook)
3 November 2016 02:36 PM Al Ramz Corporation losses widen in Q3
Dubai – Mubasher: Al Ramz Corporation Investment and Development posted a 4205% rise year-on-year in its losses during the third quarter of 2016, according to a bourse statement. Losses reached AED 913,505 ($248,700) in Q3-16, compared to AED …
Financial Results
The opening price of the rights issue has been set at 6 fils based on the company’s adjusted share price (Photo Credit: Arabianeye-Reuters)
24 October 2016 01:35 PM Trading of Al Ramz Corporation rights issue starts Tuesday
Dubai – Mubasher: The rights issue of Al Ramz Corporation Investment and Development will be tradable on the exchange from 25 October to 7 November, according to the Dubai Financial Market (DFM). Trading of the rights issue enables the company’s …
Trading Activities
The last trading date for the shareholders to be entitled for the rights issue was on 18 October (Photo Credit: Facebook)
19 October 2016 11:02 AM Trading resumes on Al Ramz Corporation shares
Dubai – Mubasher: Al Ramz Corporation Investment and Development said trading resumed on its shares with the new adjusted price after the recent capital raise, according to a bourse statement. The last trading date for the shareholders to be …
Corporate Actions
Dubai Financial Market (DFM) - (Photo Credit: Arabianeye-Reuters)
4 October 2016 05:07 PM Al-Ramz invites shareholders for capital increase
Dubai - Mubasher: Al Ramz Corporation Investment and Development called upon the shareholders to subscribe in the capital increase issuance, which will take place early November, according to the company’s statement. Earlier, the company’s board …
Event
(Photo archive)
19 September 2016 04:10 PM Al Ramz Corporation board approves capital hike
Dubai-Mubasher: Al Ramz Corporation Investment and Development said the board gave a nod on Monday to increase its capital from AED 10 million to AED 549.91 million, according to a bourse statement. The capital shall be divided into an in-kind …
Corporate Actions
Al Ramz widened its losses to AED 1.13 million in H1-16- (Photo archive)
9 August 2016 11:48 AM Al Ramz widens losses in Q2
Dubai-Mubasher: Al Ramz Corporation Investment and Development deepened its losses to AED 755,750 ($205,700) in the second quarter of 2016 from AED 21,090 ($5,700) in the same period of the previous year. The company’s losses were derived from …
Financial Results
General and administrative expenses rose by 840.13% in Q1 (Photo Credit: Al Ramz's Facebook Account)
12 May 2016 04:45 PM Al Ramz posts higher losses in Q1
Dubai-Mubasher: Al Ramz Corporation Investment and Development saw a rise in its first-quarter losses, according to a bourse statement  Net losses reached AED 371,950 ($101,240) in Q1-16, compared to AED 15,050 ($4,010) in Q1-15. General and …
Financial Results
Photo Archive
28 February 2016 09:43 AM Al Ramz Corporation raises GCC ownership to 100%
Dubai-Mubasher: Al Ramz Corporation Investment and Development increased the GCC ownership limit from 49% to 100%, according to a bourse filing on Sunday. It is noteworthy that DDC completed the official procedures to change its commercial name to …
Management Decisions