UAE stock markets on solid trajectory

Inayat-ur-Rahman, Business Editor

Traders’ Hub, the UAE-regulated and Abu Dhabi headquartered brokerage firm has announced its official company launch. The brokerage provides access to trade over 1,000 global markets including Forex, Indices, Shares, ETFs, and Contract for Difference’s (CFD’s) for Commodity trading with tight, competitive spreads and the latest market leading technology.

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

He continued: “Most importantly, we have built our business around Traders’ Hub’s strong corporate values and hyper-focused vision to become the market leader.

Ahmed Al Katheeri Chief Operating Officer (COO)  mentioned that price movements in the stock exchanges in the UAE are strongly affected by energy markets as well as global financial trends. As a result, investors have to take into account local and international economic conditions in their decision-making process in addition to the changes in commodities markets and energy in particular.

“In the current risk-averse atmosphere and due to global uncertainties, investors are keen to find appropriate investment opportunities. In this regard, the IPOs in the UAE offer strong potential thanks to the solid profile of the companies involved.”

The services Trader’s Hub provides are built with the needs of investors in mind. We have the necessary options to make it possible for traders to adopt whatever trading strategy irrespective of their level of funding or appetite for risk. In this regard, we provide multiple trading platforms to make sure investors find the right fit for their trading style.

The multi-asset trading house also announced two further C-level company spokespeople. In key leadership positions are Ahmed Al Katheeri who will be taking on the role of Chief Operating Officer (COO) and Ahmed Ayoub as Chief Business Development Officer (CBO), both of whom bring with them decades of experience.