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Orient Insurance PJSC and its subsidiaries have released their review report and interim condensed consolidated financial statements for the period ending 30 June 2024. The statements are unaudited.

Al Ramz Corporation PJSC, a non-banking financial institution in the UAE, reported a net profit of AED 2.4 million for the first half of 2024. The company saw a 74% increase in corporate finance and advisory revenues and launched US markets trading. Despite regional geopolitical tensions and a subdued market environment, Al Ramz maintained its non-investment revenue streams and achieved a 49% increase in investment-adjusted earnings quality. Key financial highlights include total revenues of AED 41 million, finance income of AED 24 million, and corporate finance and advisory revenues of AED 10.3 million. Additionally, Al Ramz was appointed as a liquidity provider for Abu Dhabi Ports Company PJSC and ADNOC Drilling Company PJSC, reinforcing its leadership in market-making and liquidity provision in the UAE capital markets.