Page 701 - MOE ENGLISH PR - APRIL 2024

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.”

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.”

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