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Institutional FX

Russia’s Alfa-Bank and UAE’s First Abu Dhabi Bank Join CLSNet

  • Both the banks have joined a long list of other leading global banks as CLSNet users.
Wednesday, 13/01/2021 | 13:21 GMT by Arnab Shome
Analysis

Analysis: Forex Traders from UAE Keep Investing Large Sums

  • While Russian forex traders deposit most often, the largest amounts come from the United Arab Emirates.
Monday, 04/01/2021 | 11:10 GMT by Sylwester Majewski
Brokers

Shuaa Securities Rebrands to International Securities

  • The UAE-based brokerage has changed its name after the recent acquisition by International Holding Company.
Monday, 04/01/2021 | 09:56 GMT by Bilal Jafar
Analysis

Analysis: Global Withdrawals Increase Whilst Deposits Soar in Vietnam

  • The latest data show interesting patterns as forex traders in Vietnam have made the biggest deposits.
Monday, 21/12/2020 | 10:08 GMT by Sylwester Majewski
News

Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE

  • SAMA and the central bank of the UAE jointly published a report to show key benefits of a CBDC.
Monday, 30/11/2020 | 08:43 GMT by Bilal Jafar
Analysis

Analysis: UAE Forex Traders Investing the Most, Followed by Asia

  • In August forex traders from the Middle East had the biggest deposits, but Asian investors were close behind.
Sunday, 15/11/2020 | 12:26 GMT by Sylwester Majewski
Brokers

GO Markets Obtains UAE Broker License

  • The license was awarded to the firm's UAE subsidiary, GO Markets MENA DMCC.
Friday, 10/07/2020 | 09:36 GMT by Finance Magnates Staff
Regulation

UAE Securities and Commodities Authority Restructures Licences

  • The move is aimed at implementing the integrated financial brokerage institution model, which includes FX brokers.
Thursday, 09/07/2020 | 10:39 GMT by Finance Magnates Staff
Exchanges

Crypto Exchange and Custodian DEX Gains UAE License

  • The platform will launch its services in Q3 2020.
Tuesday, 30/06/2020 | 11:07 GMT by Arnab Shome
CryptoCurrency

ADIB: First Islamic Bank to use Blockchain Technology for Trade Distribution

  • The bank commits to expanding its digital footprint in trade financing and distribution
Friday, 17/04/2020 | 11:54 GMT by Finance Magnates Staff
News

Dubai's New Blockchain KYC Platform to Open Door for Global Enterprise

  • The DIFC and Mashreq Bank have launched the platform as part of a greater blockchain initiative in the UAE.
Monday, 02/03/2020 | 07:11 GMT by Rachel McIntosh
News

Saudi Arabia, UAE Leaders Confirm Plans to Launch Digital Currency

  • The project was officially unveiled earlier this year and named Aber.
Thursday, 28/11/2019 | 13:56 GMT by Arnab Shome
Analysis

As GCC Countries Move Away From Oil, the FX Industry Grows

  • The region shows a lot of promise, and as knowledge of the FX industry grows, so will trading.
Thursday, 14/03/2019 | 08:56 GMT by Celeste Skinner
News

Bithumb Partners with Nvelop to Launch Crypto Exchange in the UAE

  • The firm is targeting to expand its business in the MENA region.
Tuesday, 12/02/2019 | 12:08 GMT by Arnab Shome
Exchanges

Finablr to Go Live with Cross-Border Payment Services with Ripple

  • The services will be provided through Finablr’s UAE Exchange.
Monday, 11/02/2019 | 13:40 GMT by Celeste Skinner
Brokers

Exclusive: HotForex Expands Operations, Launches in the UAE

  • The launch comes less than a month after the broker acquired a Dubai Financial Services Authority license.
Monday, 07/01/2019 | 13:27 GMT by Celeste Skinner
News

Saudi Arabia and the UAE Central Banks to Create Joint Token

  • Details are still being worked out, but the token will not be for use by the general public.
Wednesday, 12/12/2018 | 14:01 GMT by Simon Golstein
Trading

Crypto Platform Bitex UAE Launches in United Arab Emirates

  • The CEO has ambitious plans to expand the platform to neighbouring GCC countries.
Friday, 23/11/2018 | 07:02 GMT by Celeste Skinner
Innovation

Saudi Arabia to Launch Cryptocurrency Next Year

  • Only for bank payments, the new coin is being created in conjunction with the UAE.
Thursday, 22/11/2018 | 09:11 GMT by David Kimberley
ICOs

UAE Securities Regulator Plans to Boost Capital Markets with ICOs

  • Initial coin offerings would give companies an alternative to IPOs, which have been very limiting in the country.
Monday, 08/10/2018 | 13:52 GMT by Celeste Skinner
Brokers

ATFX Expands to UAE, Opens Office in Abu Dhabi

  • This is the latest step in the company’s strategic plan to increase its footprint in the Middle East.
Thursday, 27/09/2018 | 07:57 GMT by Celeste Skinner
Exchanges

Nasdaq Dubai and BHS Launch Equities Futures Educational Campaign

  • The two firms want Khaleejis to start trading in equities futures.
Monday, 03/09/2018 | 06:38 GMT by David Kimberley
Brokers

Windsor Brokers Acquires License from Jordan's Securities Regulator

  • With the license, the broker can now execute its strategy to continue its development in the Middle East.
Friday, 03/08/2018 | 13:51 GMT by Celeste Skinner
Executive Moves

ATFX Increases Focus on UAE, Appoints Two New Executives to Local Team

  • The new hires are in line with a broader move by the forex broker of expanding its operations in the Middle East.
Wednesday, 11/07/2018 | 06:34 GMT by Celeste Skinner
Executive Moves

Ryan Tsui Becomes CEO for ATFX's UAE Office

  • He will be in charge of establishing a strong footprint for the company in the Middle East.
Friday, 29/06/2018 | 14:38 GMT by Celeste Skinner
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