MultiBank Group Plans Abu Dhabi Office to Boost Middle East Presence

Global broker MultiBank Group is setting up a new office in Abu Dhabi, adding to its growing presence in the Middle East. The move places the firm in the UAE’s capital city, where it aims to strengthen relationships with clients and provide more direct market support.

Building a Capital City Presence

The Abu Dhabi office is designed to serve both retail and institutional customers, the company said in a Tuesday announcement, adding that it will support faster onboarding, offer dedicated relationship management, and provide local assistance. By situating itself in the capital, MultiBank Group seeks to bring services closer to its UAE client base.

Expanding Offerings

In February, MultiBank Group introduced Contracts for Difference (CFDs) on shares listed on the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) across its mobile app and MetaTrader 5 platform. The firm said the rollout is designed to broaden global investor access to the UAE’s fast-growing financial markets.

The offering enables clients to trade UAE-listed equities through CFDs, supporting all account types, including Standard, Pro, and ECN. By consolidating forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, commodities, indices, cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, and now UAE stock CFDs under one platform, MultiBank Group aims to simplify portfolio diversification and remove the need for multiple trading accounts.

“The launch of UAE CFD shares is a significant milestone in our journey to redefine financial services. By offering access to the Dubai Financial Market and Abu Dhabi Securities Exchange, we are creating new investment avenues while reinforcing our commitment to progress and excellence,” Naser Taher, Founder and Chairman of MultiBank Group, commented.

Related: MultiBank Expands Trading Portfolio with UAE CFDs on MetaTrader 5

The launch comes amid strong momentum in the UAE’s capital markets. DFM and ADX added AED 257 billion in value by the close of 2024, reflecting rising investor demand. MultiBank Group said it expects the new CFDs to provide international traders with greater exposure to the region as the UAE consolidates its position as a leading financial hub.

Strong Earnings Report

MultiBank Group's expansion seems to be paying off. The financial derivatives broker reported first-half 2025 revenue of $209 million and profit of $170 million, a 20% year-on-year revenue increase.

MultiBank also achieved a single-day trading record in April, handling $56 billion in transactions, supported by consistently high client activity across its global platforms. It now serves more than 2 million clients in over 100 countries and processes an average daily trading volume above $35 billion.