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4/22/24, 2:03 PM Capital.com opens new regional head office in UAE under #NextGenFDI initiative – Bizpreneur Middle East
Capital.com opens new regional head office in UAE

under #NextGenFDI initiative

LATEST NEWS, NEWS April 3, 2024 News

Capital.com, the high-growth global trading platform and fintech group whose trading volumes
surpassed USD$1trn 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).
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.”
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 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.”

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