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    Home»Broker News»CFI Grows UAE Presence with New Office in Abu Dhabi under SCA License
    Broker News

    CFI Grows UAE Presence with New Office in Abu Dhabi under SCA License

    Desmond BrooksBy Desmond BrooksSeptember 9, 2024Updated:September 17, 2024No Comments2 Mins Read
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    CFI Grows UAE Presence with New Office in Abu Dhabi under SCA License
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    CFI Financial Markets LLC (CFI UAE) has bolstered its footprint in the UAE by launching a new office in Abu Dhabi, reinforcing its commitment to regional growth and offering enhanced access to its trading services.

    Abu Dhabi: A Strategic Hub for Financial Expansion

    As a rapidly evolving financial center, Abu Dhabi presents an ideal location for CFI’s latest expansion. The city’s role as a hub for innovation and economic development further strengthens its importance in the firm’s growth strategy.

    Benefits for Local Clients

    The new Abu Dhabi office will allow CFI to serve its clients more effectively by offering localized support and easier access to its services. Operating under a Category One license granted by the UAE’s Securities and Commodities Authority (SCA), CFI ensures it meets the highest standards of security, compliance, and transparency.

    Supporting Local Initiatives through Key Partnerships

    In line with its goal to contribute to the community, CFI has teamed up with the Department of Culture and Tourism—Abu Dhabi (DCT Abu Dhabi). This partnership will see the company sponsoring a range of events throughout 2024 and 2025, reinforcing its dedication to supporting both cultural and economic development in the region.

    Looking Ahead: Expansion into Azerbaijan

    In addition to its UAE operations, CFI has made its entry into the Azerbaijani market by acquiring AzFinance. The company plans to rebrand AzFinance under the CFI name by the end of the year. This acquisition marks CFI’s first foray into Azerbaijan, an emerging market with significant growth potential. AzFinance is regulated by the Central Bank of Azerbaijan, providing CFI with a solid foundation for further regional expansion.

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    Desmond Brooks

    Desmond Brooks is a skilled financial strategist with a keen eye for market analysis and trading opportunities. With a solid foundation in finance and a passion for economic trends, Desmond provides clear, actionable insights that help traders navigate the complexities of the market. He has contributed to several financial platforms, where his expertise in strategic planning and risk management has made him a trusted voice in the trading community.

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