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Tuesday, October 15, 2024
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UAE stock market on solid track

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Pictures are for illustrative purposes.

Inayat-ur-Rahman, business editor

Traders’ Hub, a UAE-regulated, Abu Dhabi-based brokerage firm, has announced its official establishment. The broker offers trading access to more than 1,000 markets around the world, including Forex, Indices, Stocks, ETFs and Contracts for Difference (CFDs), for commodities trading with tight and competitive spreads, using the latest market-leading technology.

Suhail Al Otaiba, CEO of Traders’ Hub, commented on the launch of the UAE’s new financial institution: “We are very proud to launch a new online trading company in the UAE.”

He continued: “Most importantly, we have built our business around Traders’ Hub’s strong corporate values ​​and highly focused vision to be a market leader.

Ahmed Al Katheeri Chief Operating Officer (COO) mentioned that price movements on the UAE stock exchange are strongly influenced by energy markets and global financial trends. Therefore, in addition to changes in commodity markets and energy, investors must also consider local and international economic conditions in their decision-making process.

“In the current risk-averse climate, investors are keen to find suitable investment opportunities due to global uncertainty. In this regard, UAE IPOs offer great potential due to the solid profile of the companies involved.”

The services offered by Trader’s Hub are structured according to the needs of investors. We have the necessary options that allow traders to adopt any trading strategy regardless of their capital level or risk appetite. In this regard, we offer multiple trading platforms to ensure investors find the right person for their trading style.

The multi-asset trading firm also announced two other C-level corporate speakers. In key leadership roles are Ahmed Al Katheeri, who will serve as Chief Operating Officer (COO), and Ahmed Ayoub, Chief Business Development Officer (CBO), both with decades of experience.



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