• Net profit before tax reached AED 1.06 billion in 2025 , compared to AED 409.3 million in 2024.
• The market's total consolidated revenues rose by 102% to AED 1.28 billion during the year, supported by increased trading activity and investment returns, in addition to a one-off income from the sale of an investment property.
• The total value of trading reached AED 174 billion during 2025 , registering an increase of 63% compared to the previous year.
• The total market capitalization of listed companies reached AED 992 billion by the end of 2025.
• The market index rose by 17.2% during the year.
• The year 2025 marked a significant milestone for the Dubai Financial Market as it celebrated its 25th anniversary, a remarkable journey that has solidified its position as a global platform for capital markets.

Dubai, UAE: The Dubai Financial Market (DFM) today announced its consolidated financial results for the year ended December 31, 2025 , reporting a net profit before tax of AED 1.06 billion. These results were supported by strong trading activity, growing international participation, and continued confidence in Dubai’s capital markets.

The strong performance during the fourth quarter contributed to boosting the year's results, supported by robust liquidity levels and stable trading activity towards year's end. 2025 also marked a significant milestone, celebrating the 25th anniversary of the Dubai Financial Market's establishment in 2000 and its growth and transformation into a globally interconnected platform with strong foundations, supporting long-term economic development and the evolution of Dubai's capital markets .

During 2025 , the Dubai Financial Market Index rose by 17.2%, while the total market capitalization of companies listed on the market reached AED 992 billion, indicating strong performance throughout the year, which contributed to consolidating Dubai’s position as one of the most dynamic and resilient capital markets in the region.

On this occasion, His Excellency Helal Saeed Almarri, Chairman of the Board of Directors of the Dubai Financial Market (DFM), said: “The performance of the DFM in 2025 reflects the strength and resilience of Dubai’s capital markets, as well as the confidence of international investors in the emirate’s economic vision. As we celebrate 25 years since the launch of the DFM, the market continues to play a pivotal role in advancing Dubai’s financial ecosystem by supporting transparency, enhancing liquidity levels, and driving long-term market development, in line with the objectives of the Dubai Economic Agenda .”

Hamed Ali, CEO of Dubai Financial Market and Nasdaq Dubai, said: “During 2025 , Dubai Financial Market continued to build on the achievements of recent years, supported by stable trading activity, growing international participation, and ongoing development of the market’s infrastructure. Throughout the year, our focus was on enhancing market accessibility, supporting a wide range of investment activities, and ensuring efficient market operations for both issuers and investors. As we celebrate 25 years since the establishment of Dubai Financial Market, we reaffirm our commitment to continuing the market’s development, in line with the long-term goals and aspirations to advance Dubai’s capital markets.”

Strong financial performance

The Dubai Financial Market achieved strong financial results during 2025, supported by increased trading activity, diversified income sources, and efficient cost control .

• Net profit before tax reached AED 1.06 billion in 2025 , compared to AED 409.3 million in 2024.
• Total consolidated market revenues rose to AED 1.28 billion
• Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached AED 1.13 billion, with a margin of 88 % .
• Net profit before tax for the fourth quarter of 2025 reached AED 124.4 million, compared to AED 110.6 million for the same period in 2024 , reflecting the continued momentum in market performance towards the end of the year.

Strong trading activity and outstanding market performance

Trading activity on the Dubai Financial Market accelerated throughout 2025 , reaching its highest liquidity levels in over a decade. The average daily trading value reached AED 692 million, while the total trading value reached AED 174 billion. The average number of daily trades also increased by 31% year-on-year, supported by growing participation from institutional investors and continued growth in cross-border trading activity.

Investor participation growth and market base expansion

In 2025, the Dubai Financial Market (DFM) continued to attract a broad and diverse investor base, with continued active participation from both international and retail investors. During the year, 97,394 new investors joined the market, with foreign investors comprising 84 % of this total. Foreign investors accounted for 51% of total trading activity, while institutional investors represented 71%. The total investor base exceeded 1.25 million, underscoring the DFM's attractiveness as a trusted destination for regional and international capital.

Listing activity and key market developments

During 2025, the Dubai Financial Market continued to consolidate its position as a reliable and flexible platform for raising capital, attracting deals of strategic importance that contributed to the development of the market and enhanced the diversity of the sectors participating in it .

These deals included the listing of Dubai Housing REIT, the first real estate investment trust listed in the region, where the subscription attracted requests that exceeded the offering value by (26) times, with the total demand reaching (56) billion dirhams, and the participation of investors from both institutional and individual segments .

The successful secondary public offering of Emirates Integrated Telecommunications Company (du) also contributed to boosting liquidity levels and the free float ratio, amid strong demand from regional and international investors .

In the construction and infrastructure sector, the Dubai Financial Market welcomed the initial public offering (IPO) of Alec Holding, the largest construction listing in the UAE to date. The listing attracted subscriptions worth AED 30 billion, exceeding the offering size by 21 times, following strong demand from international institutional investors .

These deals collectively contributed to expanding the presence of the Dubai Financial Market across the real estate, telecommunications and construction sectors, confirming its ability to support capital raising across a wide range of diverse economic sectors.

Innovation and market infrastructure

Innovation was a key focus of the Dubai Financial Market’s 2025 strategy, with the launch of the Central Securities Lending and Borrowing Framework a significant step to enhance liquidity and enable more sophisticated trading strategies . The market also continued to upgrade and develop its digital infrastructure, including enhancing the iVestor application by providing access to disclosures and market information using artificial intelligence technologies, thus providing higher levels of transparency and enhancing investor engagement .

Capital markets summit and broad global engagement

The Dubai Financial Market (DFM) reinforced its role as a leading hub for market participants by hosting the third edition of its flagship Capital Markets Summit. The summit brought together over 1,500 global participants, including market representatives, policymakers, and industry leaders, to discuss the key factors shaping the current capital markets landscape . Summit sessions focused on technology and digital transformation of market infrastructure, key trends in initial public offerings (IPOs) and capital raising, cross-border capital flows, and evolving investor behavior, including the growing participation of retail investors and the ongoing transformation of private markets. The summit program also featured an interactive space on The Hub platform, showcasing partner presentations and a range of platforms and solutions that support market growth .

On the sidelines of the summit, the Dubai Financial Market signed a memorandum of understanding with the Taiwan Stock Exchange to establish cooperation in cross-border listings, joint market promotion, investor outreach, and knowledge sharing, supporting the market’s strategy aimed at strengthening connectivity with Asian markets and expanding access for investors from different regions .

In parallel, during 2025, the Dubai Financial Market (DFM) continued to enhance its engagement with international investors by organizing global roadshows in New York and London, and interacting with institutional investors in leading global financial centers. These roadshows provided a platform to highlight Dubai’s strong economic fundamentals, market growth and diversification, and available investment opportunities, while also reinforcing the DFM’s role as a link between regional growth and global capital.

In the next phase, the Dubai Financial Market will continue to focus on enhancing liquidity levels, expanding its portfolio of investment products, and strengthening its integration with global markets. Leveraging its strong financial position and growing, diversified investor base, the market is well-positioned to support the ongoing development of Dubai's capital markets.

About the Dubai Financial Market

The Dubai Financial Market ( DFM ) was established as an independent public entity, a secondary market for trading securities issued by public joint-stock companies, bonds issued by the federal government or any of the local governments, public bodies, and institutions in the UAE, as well as investment units issued by local investment funds, or any other financial instruments, local or foreign, accepted by the market. DFM commenced operations on March 26, 2000. Following its initial public offering (IPO) in November 2006, offering 1.6 billion shares, representing 20% of its paid-up capital of AED 8 billion, DFM became a public joint-stock company, and its shares were listed on March 7, 2007, under the trading symbol ( DFM ). That same year, it became the world's first Sharia-compliant stock exchange. The Government of Dubai owns 80% of the company's capital after the IPO, represented by Dubai Exchange Limited. www.dfm.ae

-I finish-

#GovernmentData

Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.