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MultiBank Group
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Executives
Multibank Group Alum Alaa Kriedy Joins Prop Firm Optimal Traders as MENA CEO
2025-10-29T15:03:12.740+02:00
Kriedy held several roles at MultiBank Group, starting as Executive Sales Manager and later as Senior Marketing Manager.
He joins from Dubai-based hedge fund OTS Capital, where he recently served as the Senior Marketing Manager.
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MultiBank Taps Capital.com’s Former Exec Dana Massey as Chief Product and Growth Officer
2025-10-17T20:10:52.792+02:00
Massey held leadership roles at game developer King, known for Candy Crush, as well as at Flaregames.
He is the immediate Former Chief Product and Technology Officer at Capital.com
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Executive Moves
Former MultiBank China Head Joins UEXO as Asia Chief
2025-09-22T07:33:35.775+02:00
Sophie Squillacioti brings two decades of forex and CFD experience to fintech expansion.
In positions similar to her current role, she has worked for INFINOX and BDSwiss, among others.
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Retail FX
MultiBank Group Plans Abu Dhabi Office to Boost Middle East Presence
2025-08-19T15:22:44.719+02:00
The new office will reportedly serve both retail and institutional customers.
MultiBank recently introduced UAE stock CFDs on shares listed on the Dubai Financial Market and Abu Dhabi Securities Exchange.
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Brokers
MultiBank Group Reports $209M H1 Revenue Amid Token Launch
2025-08-11T09:29:00.764+02:00
The company earnings rose 20% year-over-year, alongside a higher profit of $170 million.
Moreover, the newly launched $MBG token has surged seven times its initial value since debuting in July.
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Executives
MultiBank’s MEX Orient CEO Exits, Launches Institutional Finance Platform Fuchase
2025-07-11T15:37:08.724+02:00
The new project will serve as a hub for Forex brokers, IBs, and asset managers.
Niki Saki has concluded her six-month tenure as CEO of MEX Orient.
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CryptoCurrency
VARA License Paves Way for MultiBank and MAG’s $3B Real Estate Tokenization
2025-05-02T13:45:40.122+02:00
The $MBG utility token will support platform access, staking, and fee payments.
The initiative plans to scale from $3B to $10B in real-world asset tokenization.
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Retail FX
MultiBank Reports 18% Revenue Growth in 2024, Serving 2 Million Traders
2025-03-31T15:23:15.906+02:00
The company’s EBITDA rose by 24.5%, reaching $284.91 million.
The firm manages over $25.6 billion in daily trading volume.
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Retail FX
Multi Bank's New Venture MEX Orient Aims to Enter 14 Countries in 3 Years
2025-03-03T12:34:11.887+02:00
Niki Saki, who previously led an FX broker advisory business, has been appointed to head the new brokerage brand.
In an interview with Finance Magnates, she revealed Multi Bank's plans for emerging markets.
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Retail FX
MultiBank Expands Trading Portfolio with UAE CFDs on MetaTrader 5
2025-02-11T22:40:14.661+02:00
The new offering boosts the group’s existing portfolio, which includes forex, commodities, indices, and cryptocurrencies.
MultiBank has expanded its presence in the UAE through a subsidiary operating under a Virtual Assets Regulatory Authority license.
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Executives
STARTRADER Names Ex-MultiBank Executive to Lead European Business Development
2024-11-11T13:01:44.810+02:00
Sarah Farah was Head of International Sales at MultiBank Group for nearly two years.
She was an Account Manager and Business Developer at NAGA in Cyprus for 10 months.
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CryptoCurrency
MultiBank Sets Up in UAE with MEX Digital’s VARA License for Crypto Assets
2024-10-11T18:42:10.792+02:00
The firm reports net assets exceeding $583 million and daily trading volumes of $15.6 billion.
It serves over one million traders in 90 countries and operates under 15 global licenses.
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Executives
Former Exness Marketing Head Assumes CMO – Asia Pacific Role at MultiBank
2024-09-17T15:25:12.036+02:00
Kirill Getmanskiy served as Head of Marketing for Asia, LATAM, MENA, Africa, and China at Exness.
He was Head of Business in South East Asia at TripleTen for just over a year, based in Belgrade.
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Exclusive: MultiBank Onboards Sophie Squillacioti as Head of China Sales
2024-09-16T07:45:00.000+02:00
In her two-decade-long career, Squillacioti headed the China and Asia desks of multiple brokerages.
At MultiBank, she will oversee all aspects of its developing Chinese business.
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Institutional FX
MultiBank Group's 2023 Profit Rises 26%, Revenue Hits over $300 Million
2024-08-22T16:56:35.467+02:00
The company's net income rose from $180 million in 2022 to $226.8 million in 2023.
MultiBank Group reported a revenue of $306.6 million in 2023.
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Executives
MultiBank Group's Chief Development Officer Ruslan Abuzant Departs
2024-06-28T16:25:46.858+02:00
Abuzant joined the group as the Head of Information Technology.
He also held the role of the Chief Strategy Officer.
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Institutional FX
MultiBank Group Launches Its Dubai-Based Institutional ECN
2024-05-21T07:32:09.736+02:00
The new ECN is poised to challenge those in the US and Europe.
It is offering liquidity on spot FX, precious metals, and commodities.
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Thought Leaders
MultiBank.io: Chartering The Future Of Regulatory-Compliant Cryptocurrency Trading
2024-05-01T15:33:14.912+02:00
The platform aims to redefine the current standards of the crypto industry.
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Thought Leaders
MultiBank Group Announces the Launch of Cutting-Edge Technology in New Trading Platform
2024-01-10T12:19:59.506+02:00
The launch reflects MultiBank's commitment to enhancing user experience.
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Thought Leaders
MultiBank Group Announces Profits Of $112 Million In Record-Breaking Financial Quarter
2023-10-13T10:39:00.000+02:00
MultiBank Group just had the most successful quarter in its history.
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Institutional FX
MultiBank Group's Audited 2022 Financial Statement: A 48% Revenue Surge
2023-10-06T15:38:16.856+02:00
MultiBank Group's revenue surpassed US $279 million in 2022.
There was an increase of 35% in net income for 2022.
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Institutional FX
MultiBank Group Gets CySEC License, Eyes Going Public in 2023
2023-07-19T16:33:01.333+02:00
Chairman Taher in 2016 said the company was considering going public in Hong Kong.
However, MultiBank relocated its headquarters from Hong Kong to Dubai in late 2022.
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Executives
Forex Veteran Tim Rudland Moves to MultiBank Group after Just 7 Months in Liquidity.net
2023-06-20T14:28:07.265+02:00
Rudland is leaving the liquidity provider and moving back to the retail brokerage industry.
He has been active in the FX/CFD space for almost two decades.
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Executive Moves
Multibank Gets New CCO at the Dubai Headquarters
2023-03-03T12:52:35.385+02:00
Marc Aspinall brings over two decades of experience to the new role.
He previously worked with brokers like CMC Markets and ADSS.
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Thought Leaders
Naser Taher Awarded ‘Chairman of the Year’ in Dubai
2023-02-22T16:25:24.332+02:00
The Chairman of Multibank Group, Naser Taher, took home the top award.
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