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4/22/24, 2:04 PM Capital.com Opens New Regional Head Office in UAE | Shares Magazine
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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