CFI Establishes New Office in Dubai

CFI Financial Group has expanded its footprint in the Middle East by launching a new office in Dubai, regulated by the Securities and Commodities Authority (SCA). This development follows the acquisition of a Category One license in the region last year, signifying a significant stride in the company's ongoing expansion throughout the Middle East and North Africa.

Nidal Abdel Hadi, the Chief Executive Officer of CFI Dubai, conveyed his pride through a LinkedIn post, affirming that the launch of their new SCA-licensed entity in the UAE serves as a testament to the company's commitment to offering secure and regulated access to the financial markets. He further emphasized that this venture underscores their dedication to supporting their UAE clients.

Last year, CFI Financial Group achieved a pivotal milestone by securing a Category One license from the SCA, marking its second license in the country. This regulatory achievement aligns with CFI's vision for extensive growth in the Middle East and North Africa (MENA) region, following the company's sponsorship deal with Sheffield United, an English professional football club.

In addition to its Dubai expansion, CFI Group introduced CFI Oman in November, marking its fourth subsidiary launched in 2023. Going beyond traditional market entries, CFI Oman aims to empower Omani traders through advanced technology, professional services, and highly competitive trading conditions.

This strategic addition follows CFI Group's successful expansions into Egypt, Kuwait, and Palestine last year, bringing the company's portfolio to twelve regulatory licenses across regions such as the United Arab Emirates, Jordan, Lebanon, Egypt, the United Kingdom, Cyprus, and Mauritius.

Hisham Mansour, CFI's Co-Founder and Managing Director, emphasized the company's dedication to global empowerment, expressing that CFI's ongoing expansion illustrates their commitment to empowering traders and investors worldwide. He further stated that the introduction of CFI Oman represents yet another strategic milestone in the company's journey.

He also remarked that the Omani market possesses immense potential, and through CFI Oman, the company aspires to offer Omani investors access to global markets, advanced technology, professional services, and highly competitive trading conditions.

In tandem with its geographical expansion, CFI Financial Group is strengthening its leadership team. In November, Karim Malas was promoted to the position of Group Chief Operating Officer, while Loay Azar was appointed as the Chief Executive Officer for the MENA region. Previously, Malas served as the Group's Chief Operating Officer.

Further enhancing its leadership, CFI Financial welcomed Louis Bridger as the Head of Business Development this year. With an impressive 17-year career in the financial services industry, Bridger brings extensive experience from his roles at IG, ICE, Travelex, Wonga, and Betfair.