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CFI Financial Markets LLC (CFI UAE) has expanded its
operations to Abu Dhabi, a key step in its growth strategy in the UAE. The move
aims to increase accessibility to CFI’s trading services in the region.
Abu Dhabi is a major financial center. The city’s
importance in the financial sector and its role in innovation and economic
growth make it a strategic choice for CFI.
Implications for Clients
According to the firm, the expansion will bring CFI’s services closer to clients in
Abu Dhabi, offering better accessibility and support. The company will operate
under a Category One license from the UAE’s Securities and Commodities
Authority (SCA). This ensures compliance with local regulations and enhances
security and transparency.
CFI aims to support local development in Abu Dhabi. The
company plans to contribute to the city’s cultural and economic growth by
partnering with the Department of Culture and Tourism—Abu Dhabi (DCT Abu
Dhabi). CFI will sponsor various events in 2024 and 2025, integrating further
into the local community.
Hello, Abu Dhabi!! 🎉We’re excited to announce that CFI is now also in the heart of Abu Dhabi, joining our established presence in Dubai to bring our trusted trading services even closer to you. As we expand into this vibrant capital, we’re committed to offering you secure,… pic.twitter.com/vJxF9SWB4n
— CFI Group English (@cfigroup_en) September 5, 2024
Future Plans
CFI intends to continue expanding its presence in the UAE,
building on its existing base in Dubai. The company is focused on providing
clients with the resources and support necessary to succeed in global financial
markets.
Meanwhile, CFI has entered the Azerbaijani
market through the acquisition of AzFinance, as reported by Finance Magnates. The company plans
to rebrand AzFinance to CFI later this year.
This move is expected to provide
new opportunities for local and regional traders. CFI’s entry into Azerbaijan
marks its first expansion into this emerging market. AzFinance is regulated by
the Central Bank of Azerbaijan.
This article was written by Tareq Sikder at www.financemagnates.com.
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