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Capital.com Opens New Regional Head Office in

UAE under #NextGenFDI Initiative

By Marie JonesApril 3, 20248 Mins Read
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– UAE will be a launchpad for further growth across MENA and Asia
– Global fintech firm wins full regulatory approval from UAE Securities and
Commodities Authority to deal in securities in UAE

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.”

https://www.businessnewsasia.com/2024040352385931-capital-com-opens-new-regional-head-
office-in-uae-under-nextgenfdi-initiative/