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4/22/24, 2:03 PM Capital Opens New Regional Head Office In UAE Under #Nextgenfdi Initiative | MENAFN.COM

Located in Emirates Tower in Dubai, Capital Com MENA will be headed by
Tarik Chebib, CEO of Capital, 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 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 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."

Tarik Chebib, CEO, Middle East, Capital

Capital'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 was ranked among the 50 fastest growing technology companies at the 2023 Deloitte

Technology Fast 50 Middle East & Cyprus Awards.

Capital 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 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 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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