Search DubaiPRNetwork.com

Dubai and UAE
Home >> Business and Economy

MultiBank Group Records Exceptional Financial Results with Revenue of $361.8 Million and EBITDA of $284.9 Million in 2024

MultiBank Group Records Exceptional Financial Results with Revenue of $361.8 Million and EBITDA of $284.9 Million in 2024

Friday, October 3, 2025/ Editor -  

Share

Home >> Business and Economy
  • Revenue surpasses $361 million in 2024, marking an 18% year-on-year increase
  • EBITDA surged by 24.5% to reach $284,909,572 in 2024.
  • Net income exceeds $264 million, reflecting 16% growth

Dubai, UAE – April 6th 2025: MultiBank Group, the world's largest financial derivatives institution headquartered in Dubai, has achieved a record-breaking financial performance in 2024, reinforcing its status as a global industry leader.

According to the latest audited financial statements, MultiBank Group’s revenue surged to $361,874,865, an 18% increase from $306,636,714 in 2023. Meanwhile, EBITDA skyrocketed by 24.5% to reach $284,909,572 compared to $228,792,229 in the previous year. This milestone highlights the Group’s global growth, technological-advancements, and its commitment to delivering exceptional value to its worldwide client network.

The Group also reported a 16% increase in net income, rising from $226,837,355 in 2023 to $264,054,898 in 2024, highlighting strong operational efficiency and sustained profitability.

In his comments, Naser Taher, Founder and Chairman of MultiBank Group, said: 'Our exceptional financial results are a testament to our relentless pursuit of excellence, innovation, and client trust. As we continue to expand globally, we remain committed to providing world-class financial solutions that empower traders and institutions worldwide. We look forward to building on this success in the years ahead.'

Managing an impressive daily trading volume of over $25.6 billion, MultiBank Group serves a vast and diverse clientele of more than 2 million traders across 100 countries, and is licensed by 17 financial regulators globally. The group is setting new industry standards with its user-friendly online trading platforms, leveraging state-of-the-art technology, while showcasing its commitment to providing cost-effective trading solutions and leading-edge financial products.


Next in Business and Economy


Home >> Business and Economy Section

Latest Press Release

Volunteer-led school refurbishment transforms learning for 1,365 girls at the Na ...

Danube Properties Celebrated Early Completion of Third Consecutive Project with ...

Masdar Advances Floating Solar Leadership with New Indonesia Agreements

e& launches Business Continuity as a Service (BCaaS)

Cultural Foundation Unveils Flagship Exhibition Displaying Malaysia's Contempora ...

Etihad Reports March 2025 traffic Statistics

Celebrate Easter with a Heartfelt Family Brunch at Samakjë

Grandiose Partners with Australia's KAILO to Launch Premium Wellness Nutrition P ...

GPSSA raises awareness on pension and insurance benefits as the topic of the mon ...

Bollywood Star Kareena Kapoor Khan to Inaugurate Malabar Gold & Diamonds' Stunni ...

UAE, Ireland sign MoU to Enhance Economic and Technical Cooperation and the esta ...

flydubai and Boeing sign agreement for Space Bins on 737 MAX fleet

RTA Releases Fifth Edition of 2025 Legislation Book for Services and Activities

Salik PJSC, the sole toll gate operator in Dubai, held its third Annual General ...

Saudi Arabia to showcase record tourism growth at ATM 2025, marked by a 16% incr ...

Shop & Win Rewards Concludes Eid Campaign with AED 200,000 in Prizes for 25 Luck ...

Emirates Park Zoo & Resort in Abu Dhabi to support rescue and rehabilitation of ...

Dubai Airports redefines accessible travel and enhances autism services and trai ...

UAE Leads the Way in Shaping the Future and Strengthening Community Preparedness

Strategic Development Fund and QuantCube Technology Launch Joint Venture to Supp ...