
Al Ramz Corporation Investment and Development PJSC
Pressreleases, Reports and Disclosures for Al Ramz Corporation Investment and Development PJSC
Al Ramz Corporation Investment & Development PJSC has released its preliminary financial results for the year ending December 31, 2025. The company, established on June 25, 1975, has a paid-up and subscribed capital of AED 549,915,858, with an authorized capital of AED 1,099,831,716. The Chairman of the Board is Mr. Dhafer Sahmi Al Ahbabi, and the Managing Director is Mr. Mohammed Al Mortada Al Dandashi. Ernst & Young serves as the external auditor. The company's contact information includes a mailing address in Dubai, United Arab Emirates, along with a phone number, fax number, and email address for investor relations.
Al Ramz Capital LLC, located in Dubai, UAE, has been appointed as a liquidity provider for Lulu Retail Holdings PLC, the largest retailer in the region by sales and store numbers, listed on the Abu Dhabi Securities Exchange. Starting November 17, 2025, Al Ramz will begin trading Lulu shares following regulatory approvals. The role of a liquidity provider is to enhance share trading by improving order book depth, reducing trading spreads, minimizing price volatility, and increasing trading volume, which helps narrow the gap between intrinsic and market value. Al Ramz is a licensed market maker with over 25 years of experience in UAE capital markets across multiple exchanges. CEO Karim Schoeib expressed satisfaction with the appointment, highlighting Al Ramz's commitment to maintaining high governance and transparency standards. Al Ramz is known for its market-making services and has established itself as a leader in liquidity provision. Founded in 1998, Al Ramz is a public joint stock company listed on the Dubai Financial Market, offering a range of financial services.
Al Ramz Corporation has appointed Hazem Ben Gacem, a seasoned investment executive, to its Board of Directors. This move aims to enhance the company's leadership as it seeks strategic growth and strengthens its position in the financial services sector. Mr. Ben Gacem brings over 30 years of experience in private equity across various global markets. He is the Founder and CEO of BlueFive Capital and previously served as Co-CEO of Investcorp. His extensive experience and global perspective are expected to add significant value to Al Ramz, helping the firm identify international trends and opportunities. This appointment reflects Al Ramz's commitment to integrating global expertise into its governance framework as it expands regionally and internationally.
Al Ramz Corporation Investment and Development P.J.S.C. has released its interim condensed consolidated financial statements as of September 30, 2025. The company's principal business address is P.O. Box 121200, Dubai, United Arab Emirates.