Nomura announces the launch of its international wealth management business in Dubai LeapRate

July 20, 2023 BY Steffy Bogdanova

Nomura announces the launch of its international wealth management business in Dubai

Nomura International Wealth Management will become part of the DIFC ecosystem, which is home to more than 300 wealth and asset management firms, constituting a substantial USD 500 billion asset management market in terms of assets under management (AUM). Arif Amiri, CEO of DIFC Authority, commented: We are delighted to see Nomura's growth plans flourish…

May 08, 2023 BY Steffy Bogdanova

Tickmill opens a new Dubai office under DFSA Regulation

Dahrieh has served at Tickmill as Country Manager and Market Strategist for five years during which he has been working to expand the company’s brand presence in the region. The office represents a new milestone for the Group in the further expansion of Tickmill globally and in the MENA region, in particular. The new office…

February 27, 2023 BY Steffy Bogdanova

DKK Partners expand operations in Dubai

DKK's Dubai operation has already secured its World Trade Centre Free Zone license and plans to obtain virtual assets licenses through VARA (Virtual Assets Regulatory Authority) in the near future. It will immediately begin trading and enable local businesses and the local economy to access FX services. Asia Salvatore, Head of Sales for DKK in…

December 14, 2022 BY Steffy Bogdanova

Nomura opens a Dubai branch, expands Wealth Management business in the Middle East

Ravi Raju, Head of International Wealth Management, Nomura, said: Dubai has long established its importance in the Middle East, Indian subcontinent and Africa for entrepreneurs and families as a base to grow their international presence from. We welcome the chance to be a part of this exciting growth opportunity to offer our International Wealth Management…

July 14, 2022 BY Steffy Bogdanova

OKX granted Dubai VARA provisional license

Lennix Lai, General Manager, OKX Dubai, commented: The MENA region is one of the fastest growing markets for our industry, and we are very excited to be at the heart of this thriving ecosystem. OKX looks forward to contributing meaningfully to the free exchange of ideas that is going to be so important to the…

March 15, 2022 BY Steffy Bogdanova

FTX Europe obtains license to operate Virtual Asset Exchange in Dubai

FTX CEO, Sam Bankman-Fried, commented: FTX is proud to be the first licensee under Dubai's prudential supervision regime. It's an honor to be one of the first approved applicants in such a specialised category and we are excited to be able to introduce complex crypto-derivatives products with centralised counterparty clearing to institutional markets. FTX receiving…

March 03, 2022 BY Steffy Bogdanova

INGOT Financial Brokerage opens office in Dubai, Adel Jibrin appointed as CEO

CEO of Dubai office Industry veteran Adel Jibrin will be at the helm of the new office as its as Chief Executive Officer. He will spearhead the company’s business activities in the region. Jilbrin’s experience spans over a decade, covering varied areas of the financial industry including Forex and CFDs trading. Mutlaq added: On behalf…

January 05, 2022 BY Steffy Bogdanova

Former DGCX CEO Gaurang Desai joins Equiti Group as Managing Director of Strategy

A founding member of the Dubai Gold and Commodities Exchange (DGCX Group), Desai previously held the role of Chief Operating Officer for nearly ten years. Desai also established and managed the operations for the Dubai Commodities Clearing Corporation (DCCC). During his time there, he created an ecosystem of banks, custodians, collateral managers, warehouses, vaults, assayers,…

October 26, 2021 BY Steffy Bogdanova

DFSA introduces regulation for investment tokens

Peter Smith, Managing Director, Head of Strategy, Policy and Risk at the DFSA said: Creating an ecosystem for innovative firms to thrive in the UAE is a key priority for both the UAE and Dubai Governments, and the DFSA. Our consultation on Investment Tokens enabled us to understand what firms were looking for in a…

DGCX and DIEDC team up to strengthen Dubai’s Islamic finance economy

November 06, 2018 BY Mariela Naydenova

Dubai with its first official cryptocurrency exchange

The United Arab Emirates are already in the "bull" graph when it comes to cryptocurrencies and their adoption. Dubai is one of the most technologically advanced countries in the world, and it has set a mission to become a global tech hub in the very recent future. Dubai has set the ambitious goal to have…

Tag: Dubai