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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 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.
Located in Emirates Tower in Dubai, Capital Com MENA will be headed by Tarik Chebib, CEO of
Capital.com, Middle East. Commenting on the newly acquired SCA license Mr Chebib, said:
“SCA applies enhanced levels of regulation to the UAE securities market, making it one of the most
comprehensive and well-respected regulators in the world. The approval of our licence affirms our
commitment to meet the highest compliance standards worldwide, marking yet another important
milestone in the strategic development of Capital.com as a fast-growing, regulated trading platform.
Known for our award-winning UX, trading education support and transparent pricing, we are excited
to bring our services to the dynamic, tech-savvy UAE market. We also plan to harness technology to
promote greater financial literacy across the MENA region, helping traders develop their
understanding of financial markets and make better informed decisions—this is central to our DNA.”
Capital.com’s foray into the UAE is supported by the company’s strong growth results in recent
years. Last year, the company’s total client trading volumes surpassed USD$1trn for the first time –
43% higher than the previous year. As a result of impressive year-on-year growth, Capital.com was
ranked among the 50 fastest growing technology companies at the 2023 Deloitte Technology Fast
50 Middle East & Cyprus Awards.
Capital.com enables clients to trade derivatives on more than 3,000 of the world’s most popular
indices, commodities, cryptocurrencies, shares and currency pairs. In addition to its web and mobile-
based platforms, Capital.com also provides clients with access to free education and trading tools to
help them hone their trading knowledge. As a global fintech company with offices in London, Dubai,
Limassol, Melbourne, Warsaw and Vilnius, Capital.com is guided by a sustainability-led startup
framework, prioritising smart partnerships with the public and private sector to help drive progress
and sustainable growth.

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