The fintech platform now offers users the ability to invest in leading companies listed on the Dubai Financial Market, facilitated by Arqaam Capital.
Expanding Investment Horizons
eToro has strengthened its investment platform by partnering with the Dubai Financial Market (DFM), enabling users to invest in stocks of prominent companies listed on the DFM. This strategic move allows eToro users to explore investment opportunities within one of the most dynamic financial markets in the Middle East.
Diversified Investment Choices
With this integration, eToro users can now access stocks from 10 major companies spanning various sectors, including real estate, banking, utilities, logistics, and transport. Among these are significant players such as Dubai Electricity & Water Authority, Emaar Properties, and Dubai Islamic Bank, which together represent a market capitalization of over USD 124 billion.
Jason Hughes, Senior Executive Officer at eToro Middle East, stated, “eToro provides access to 20 stock exchanges globally, offering our users the opportunity to invest in both established and emerging markets. By including DFM stocks, we cater specifically to the investment interests of our UAE clients, while also expanding our offerings for international investors.”
Hughes added, “We are excited to partner with the Dubai Financial Market and are committed to providing our users with the tools they need to participate in the UAE’s economic growth.”
Arqaam Capital’s Role
The integration of DFM stocks into eToro’s platform was made possible through collaboration with Arqaam Capital, a Dubai-based firm specializing in emerging markets.
Khalifa Rabba, Chief Operating Officer of the Dubai Financial Market, commented, “Adding DFM-listed stocks to eToro supports our goal of expanding the reach and growth of our financial market. We are dedicated to providing global investors with easy access to Dubai’s robust investment landscape.”
In a related development, eToro recently expanded its stock offerings in the UK through a partnership with the London Stock Exchange, potentially doubling the number of LSE-listed shares available to its users, including British investors.
