简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Prime brokerage firm TopFX has strengthened its Middle East operations with the promotion of Omar Al-Janabi, who is taking on an expanded role as global head of sales and business development.
He steps into the newly created position following a successful tenure with the brokers UAE business for the past 11 months. This expansion of responsibilities greatly augments his oversight at the company.
Prior to joining TopFX, Omar worked at other leading brokers, part of a career extending back to 2014. This included stops at FXPRIMUS as head of Middle East operations, Swiss Markets as senior business development manager, and most recently as MENA partnership manager at UK-based broker Tickmill.
Omar was instrumental in leading TopFX‘s efforts to secure its new presence in Dubai as it seeks to focus on providing customizable liquidity solutions to the region’s diverse institutional clientele. He was originally appointed as a regional manager back in July 2021.
The addition of Dubai‘s coveted presence extends the group’s arsenal to include regulated companies authorized in Cyprus and Seychelles. It also allows TOPFX to provide its range of FX and CFDs products to retail and professional clients not only from the UAE but also to expand the offering to the other GCC states, meaning Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and North Africa.
The Dubai International Financial Centre (DIFC) is a federal area that is financially-free, completely separated from the rest of the country and features its own legal system and courts.
The DFSA has been receiving increased interest from authorized firms and global brokers to offer FX trading to retail customers in or from the DIFC.
Within Dubais International Financial Centre, the DFSA is the regulatory authority that issues all Forex Broker licenses and regulates all financial and subsidiary services conducted.
However, the DFSA has very strict guidelines in place for obtaining a Dubai forex license, as well as for conducting forex business. Specifically, obtaining a Dubai forex license is a complicated procedure that involves many legal limitations that revolve around the countrys prohibitions on banking activity in the local currency as transactions in UAE Dirhams are strictly prohibited in the center.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Meta Description: The Nigerian Senate supports cryptocurrency regulation to safeguard investors and strengthen the naira amid inconsistent policies. This move aims to boost economic stability and attract investments.
The foreign exchange market, commonly known as forex, stands as the world's largest financial arena, boasting daily trading volumes in the trillions of dollars. For those eager to capitalize on currency fluctuations, entering this dynamic yet intricate market necessitates the guidance of a skilled intermediary: the forex broker.
SC Malaysia has been cautioned regarding Arab investment company. According to the Authority, a possible clone operating an illegal investment scheme offers high returns e.g.a return of RM3,000 in 24 hours with an investment of RM300. This entity does not carry a License.
SWIFT EARNERS has emerged as a controversial and highly dubious player. Despite its claims of being a reliable broker with a base in the United States and additional operations in Thailand, the experiences of numerous victims tell a different story. A particularly harrowing account comes from a South African victim who has found himself ensnared in what appears to be a well-orchestrated scam.