UAE-based forex and CFD broker DB Investing has appointed Syed Ahmmed as Chief Business Development Officer, giving him a global mandate after several years in leadership posts at OneRoyal and Zara FX.

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New Global Growth Mandate

Ahmmed is based on-site in Muscat, Oman, and leads DB Investing’s business development across MENA, the India Subcontinent, Southeast Asia and Latin America.

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“Having built and expanded markets across MENA, ISC, and SEA, I now look forward to taking on a broader global mandate. My focus has always been not just to manage markets, but to build them, driving sustainable growth and creating long-term value,” Ahmmed said in a post on Monday.

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His scope covers market expansion, strategic partnerships and revenue growth, including the build-out of introducing broker and affiliate networks in both emerging and established markets.

He also focuses on client-centric offerings, such as region-specific and Sharia-compliant products, while working with internal teams on brand positioning and market penetration.

Background at OneRoyal and Zara FX

Before joining DB Investing, Ahmmed served as Regional Head of Business Development for ISC, SEA and Oman at OneRoyal. In that role, he managed expansion, led multicultural sales teams, oversaw the Oman office and drove institutional and high-net-worth client acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term.

He earlier held other business development positions at OneRoyal and briefly worked as Sales Director at Zara FX, where he helped design products and sales frameworks to support revenue growth. He now joins DB Investing’s senior leadership and will work with management, including CEO Gennaro Lanza, as the broker pursues further international growth.

At the same time, DB Investing has signed a service provider agreement with MBME Pay that will allow its clients across the UAE to fund their live trading accounts via MBME Pay’s nationwide kiosk network. It positions the broker as a regulated online platform in the region to directly integrate this infrastructure and offering an additional cash-based funding channel for users who prefer physical transactions.

Last month, DB Investing announced plans to open a newoffice in Mexico as part of its broader expansion into Latin America. The new branch in Mexico will act as the firm’s regional hub, allowing it to engage more directly with local traders and strengthen its presence in a market that has recently attracted other brokers, including EC Markets and VT Markets.

Mexico’s appeal for global CFD brokers stems from a combination of strong demand for online trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term and relatively light, indirect local rules on CFDs. While the country’s financial markets are overseen by the CNBV, the Ministry of Finance and Public Credit, and Banco de México, CFDs remain in a legal grey area, with no dedicated regime and explicit warnings that authorities will not protect clients dealing with unlicensed foreign providers.