“Capital.com”, the globally renowned high-growth trading platform and financial technology group that surpassed a trillion-dollar trading volume in 2023, has opened a new regional headquarters in the United Arab Emirates as part of the “Next Generation of Foreign Direct Investment” initiative.
The company announced its participation in this initiative targeting digitally advanced firms with the launch of “Capital.com MENA,” its new subsidiary for securities trading, headquartered in the UAE.
This move signifies a strategic step aimed at strengthening Capital.com’s presence in the UAE market while eyeing expansion into the Middle East, North Africa, and Asia regions.
The decision follows obtaining full regulatory approval from the Securities and Commodities Authority in the UAE.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasized the UAE’s attractiveness to global technology companies with global ambitions, affirming the nation’s provision of vibrant infrastructure and promising opportunities for accessing regional and global markets.
Cyprus Zoumidou, CEO of Capital.com Group, expressed the significance of entering the UAE as a key hub to expand the company’s reach, highlighting the country’s role as a vital technological center.
Capital.com is expected to become a leading participant in the “Next Generation of Foreign Direct Investment” initiative in the UAE, enabling it to expand its business both within and beyond the country.
It is worth noting that Capital.com also sponsored the “Next Generation Talent Support” initiative in the UAE, aimed at developing the capabilities of local youth in the technology sector.
Capital.com’s entry into the UAE markets reinforces the strong growth it has achieved, positioning it prominently among the top 50 fastest-growing technology companies in the region.
