Helal Saeed Almarri, Chairman of VARA said: The VARA regime aims to strike an effective balance between value creation and risk mitigation, enabling open market innovation while assuring protection for the economically vulnerable. The MVP Phase, is designed for select global players across the value chain, that are committed to responsible industry participation and VARA…
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He added: I am so excited and looking forward to diving into this new journey headfirst, ready to learn and grow. Thank you very much to Hisham Mansour , Eduardo Fakhoury, and the rest of the @cfi team that I’ve connected with for helping me through this process! Malas brings to his new CFI role…
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Adel Jibrin, the newly appointed CEO and Managing Partner at Hybrid Solutions commented: We are proud to be sharing this news after recently celebrating Hybrid Solutions’ 20-year anniversary. Over the past two decades we have seen the Hybrid Solutions brand evolve to become one of the world’s leading providers of online trading software used by…
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Suhail Al Otaiba, CEO at Traders’ Hub commented: We are extremely proud to be launching a new online trading firm in the UAE. Our goal is to become the investment house of choice for local and MENA region trading clients as well as provide the best trading environment for international expats and businesses in the…
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The firm also revealed last month that it gained regulatory approval by the FSA in Denmark as a Virtual Asset Service Provider (VASP) and a Currency Exchange. GCEX is also regulated by the UK’s FCA. Dubai is recently gaining popularity as a hub for the Virtual Asset (VA) industry. It is currently the first and…
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CAPEX.com has made changes to their product categories' operating costs, reducing spreads by up to 90%, and switched from fixed to floating spreads. Madalina Rotaru added: We are excited to witness the next stage for the development of CAPEX MENA. The decision to reduce the trading costs for our clients helped increase the trading volumes…
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DTTcoins launched in March 2022 in Dubai. Ead added: For the past year, we have worked diligently to develop a crypto exchange that appeals to institutional traders as well as individual investors, which we meticulously designed based on traders’ experience. We aim to help them tackle all the challenges they have faced in the past…
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Kraken stated that it is the first global virtual assets exchange group in the United Arab Emirates to receive a full financial licence from the Abu Dhabi regulator. Kraken MENA’s goals is to provide access to virtual assets through regulated funding, trading, and custodial services in UAE's currency, dirhams. The Middle East is one of…
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He has also worked in a range of roles in the FX and wider derivatives sector. He has also worked at well-known firms including Société Générale and London Metal Exchange. Aaron Brown commented: I'm very honoured to be joining the INFINOX and IXO Prime teams. Having worked in the industry for a number of years,…
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Fadi Reyad, newly appointed Market Analyst at CAPEX.com MENA said: I’m very pleased to be joining the CAPEX.com team as their Market Analyst representing the MENA region. I believe that my diverse industry experience has helped me develop a strong foundation in financial analysis that will help our clients in their process of making more…
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