What Does Pip Mean in Forex Trading?
In forex trading, a pip is the smallest unit of price movement between two currencies. It’s used to measure changes in exchange rates, calculate profits or losses, and manage trading strategies effectively.
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Abstract:Saleh was previously a Customer Service Manager at the brokerage. Amana Capital has promoted several of its employees in the past months.

Amana Capital, a Dubai-headquartered retail brokerage firm, has promoted Charbel Saleh, its Customer Service Manager to the position of the Head of Operations. Saleh announced his promotion on Wednesday on LinkedIn.
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The executive, who boasts over a decade of experience in the financial industry, joined Amana Capital in February 2015 as a Customer Support and Operation Associate. He started working for the retail broker after spending over a year in Lebanon working for the Middle East and North Africa (MENA) office of rival brokerage FXCM.
Before FXCM, Saleh served as an intern at two firms, first at Asmida Group in 2011 and later at credit automation and risk solutions software company, Bluering, in 2013.
Salehs appointment follows other recent promotions and executive reshuffles Amana Capital has made so in this year. In May, the retail broker appointed Mahmoud Elbakatoushy as Vice President and promoted Amr Masry to the position of Sales Director. The firm also promoted Fayez Alkhouli to the position of the Vice President of Sales in the same month.
Still in May, Amana Capital further expanded its leadership team by appointing Matt Carstens as its new Director of Product Experience and Justin Biebel as the Director of Product Implementation. A month earlier, the broker chose Joy Dabeet as its new Chief Marketing Office and hired Mani Sahota as its new Chief Information Officer in March to growth its digital presence.
Apart from promotions and executive role reshuffles, a number of executives have also departed from Amana Capital in the past months. In September, Karim Malas left his role as the Director of Operations at the brokerage to join Credit Financier Invest as the Global Head of Operations. Malas left Amana Capital after almost nine years of working at the broker.

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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.

In forex trading, a pip is the smallest unit of price movement between two currencies. It’s used to measure changes in exchange rates, calculate profits or losses, and manage trading strategies effectively.

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