Page 684 - MOE ENGLISH PR - APRIL 2024

4/22/24, 2:02 PM Capital.com opens new regional head office in UAE under #NextGenFDI initiative
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).

Kypros Zoumidou, Group Chief Executive Officer, Capital.com, said:

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“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.”

HE 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

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