Dubai Financial Market posts 21% rise in H1 profit; gets new CEO – ZAWYA

Dubai Financial Market posts 21% rise in H1 profit; gets new CEO – ZAWYA

dubai financial market posts 21% rise in h1 profit; gets new ceo hassan al serkal is appointed as the dfm's new ceo with immediate effect    a man enters the dubai financial market december 23, 2009. image used for illustrative purpose.the dubai financial market (dfm) company registered a 21 percent increase in its net profit at 78.9 million dirhams ($21.5 million) for the first half of the year (h1) compared to 65.1 million dirhams ($17.73 million) during the corresponding period of 2019.the net profit of the second quarter of 2020 reached 44.2 million dirhams, a 20 percent increase compared to same time last year, a statement from dfm company, the operator of dubai financial market, said.essa kazim, chairman of the dfm company, said: "the second quarter performance clearly indicates the dfm's resiliency in containing international markets' volatility due to the repercussions of unprecedented circumstances triggered by the covid-19 pandemic with the general index advancing 16 percent, restoring a considerable percentage of its previous decline."the net profit of the second quarter of 2020 reached 44.2 million dirhams, a 20 percent increase compared to same time last year, a statement from dfm company, the operator of dubai financial market, said.the dubai financial