Page 682 - MOE ENGLISH PR - APRIL 2024

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 Capital.com are helping us to secure our position as one of the
world’s most dynamic, future-focused global hubs,” he added.

Kypros Zoumidou, Group Chief Executive Officer, Capital.com, said, “Capital.com’s foray into
the UAE marks an important development in our global growth trajectory. As a cutting edge
fintech company regulated across multiple jurisdictions, the UAE was a natural choice for our
first subsidiary in the region. With its business-friendly ecosystem, supportive market-entry
requirements, flourishing knowledge-based economy, and perfect location as a base for wider
expansion, the UAE continues to cement its position as a dynamic tech hub for innovative
companies with global ambitions. We look forward to joining the #NextGenFDI community.”

Capital.com is set to become a leading member of the UAE’s #NextGenFDI Programme, a
government-led initiative enabling cutting-edge companies from around the world to establish
and expand their operations in the UAE. In 2022, the company was a sponsor of the UAE’s
NextGenTalent initiative, which was aimed at developing the capabilities of local youth and
preparing future leaders in the technology sector.

NextGenTalent brought together 5,000 students from Emirati universities to learn essential
advanced technology skills from industry leaders from the likes of META, Oracle, Amazon,
Google, Microsoft, and Stripe. Under the NextGen FDI Programme, Capital.com will not only
benefit from the UAE’s robust tech ecosystem, but also its deep talent pool. Capital.com was
also one of the sponsors of the Ministry of Economy’s activities at the inaugural COP 28
Trade Day last December.

https://wam.ae/en/article/b2gyi2k-capitalcom-opens-new-regional-head-office-uae