The Dubai Financial Market (DFM) reported significant growth in 2024, with net profit (pre-tax) rising 24% to AED 409.3 million (US$111.4 million), driven by heightened trading activity, strong capital inflows, and improved investment returns.

The DFM General Index reached its highest level since 2014, closing the year at 5,158.67 points, a 27.1% increase.

Market capitalization rose by 32%, reaching AED 907 billion ((US$246 billion) as of December 2024.

Revenue increased 15.5% to AED 632.3 million (US$172.15 million), with expenses rising slightly to AED 223 million (US$60.71 million).

The Board of Directors proposed a cash dividend of AED 256 million (US$69.7 million), representing 97% of retained earnings available for distribution.

The exchange welcomed 138,262 new investors, a 120.5% increase, with 85% being foreign nationals.

Public offerings significantly boosted market activity, with listings from Parkin, Spinneys, and Talabat raising AED 10.48 billion (US$2.85 billion), a substantial increase from AED 1.97 billion (US$536 million) raised through IPOs in 2023.