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Capital.com Expands Global Presence with New Regional Head Office in UAE
Global fintech company Capital.com announces the opening of its new subsidiary in the UAE, Capital Com MENA Securities Trading LLC, as part of the UAE's #NextGenFDI initiative. With this expansion, the company aims to leverage the UAE's strategic position and business-friendly environment to further grow its presence in the MENA and Asian markets. This move follows the company's recent receipt of full regulatory approval from the UAE's Securities and Commodities Authority to deal in securities within the country.
Kypros Zoumidou, Capital.com's CEO, highlighted the UAE's ideal ecosystem for innovative firms and its significance in Capital.com's global expansion strategy. The UAE Minister of State for Foreign Trade, HE Dr. Thani bin Ahmed Al Zeyoudi, also emphasized the UAE's appeal to technology companies with global ambitions and its role in attracting investments through the #NextGenFDI programme.
Capital Com MENA, headquartered in Dubai's Emirates Tower and led by CEO Tarik Chebib, marks an important milestone for Capital.com. The company has shown strong growth, with trading volumes exceeding USD$1trn in 2023. Capital.com offers trading in derivatives across various assets and is known for its award-winning platform, extensive educational content, and commitment to promoting financial literacy.
R. H.
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