opens new regional head office in UAE under #NextGenFDI initiative

  • Date: 04-Apr-2024
  • Source: Eye of Riyadh
  • Sector:Financial Markets
  • Country:UAE
  • Who else needs to know? opens new regional head office in UAE under #NextGenFDI initiative, the high-growth global trading platform and fintech group whose trading volumes surpassed USD$1 trillion in 2023, has announced that it is joining the UAE’s #NextGenFDI initiative for digitally-enabled businesses as it opens a new subsidiary, Capital Com MENA Securities Trading LLC (Capital Com MENA), based in the UAE. The new entity will be the operating headquarters for the region as the firm consolidates its position in the UAE market and as it looks to expand across MENA and Asia. The announcement comes after the company last week received full regulatory approval from the UAE Securities and Commodities Authority (SCA). Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, said, “The UAE is attracting world-class technology companies with bold growth plans and global ambitions. These businesses recognise that the UAE offers not just one of the most vibrant ecosystems in the world, but also serves as an access point to expanding regional economies and the high-growth markets of Asia and Africa. "Our #NextGenFDI programme continues to draw top global firms and is becoming an essential pillar as the UAE seeks to attract capital in all its forms – technological, human and financial. Companies like are helping us to