DFSA

EquitiesFirst Appoints Andrew Stevens as Principal Representative, MENA

Retrieved on: 
Monday, March 11, 2024

HONG KONG, March 11, 2024 /PRNewswire/ -- EquitiesFirst , global equity-backed financing specialist, today announced the appointment of Andrew Stevens as Principal Representative of the Middle East and North Africa (MENA) of Equities First Holdings Hong Kong Ltd (DIFC Representative Office) in the Dubai International Financial Centre, United Arab Emirates with immediate effect.

Key Points: 
  • HONG KONG, March 11, 2024 /PRNewswire/ -- EquitiesFirst , global equity-backed financing specialist, today announced the appointment of Andrew Stevens as Principal Representative of the Middle East and North Africa (MENA) of Equities First Holdings Hong Kong Ltd (DIFC Representative Office) in the Dubai International Financial Centre, United Arab Emirates with immediate effect.
  • Andrew brings more than a decade of experience in global financial services to his new role, specialising in business development and complex financing solutions aligned to equity-based portfolios.
  • We are delighted to welcome Andrew as EquitiesFirst's representative in MENA, as his wealth of experience aligns seamlessly with our vision for the region."
  • Mr Andrew Stevens said from Dubai, "It is an honour to be appointed to this exciting role and I look forward to spearheading EquitiesFirst's future development in the flourishing Dubai and MENA markets replete with opportunities.

EquitiesFirst Appoints Andrew Stevens as Principal Representative, MENA

Retrieved on: 
Monday, March 11, 2024

HONG KONG, March 11, 2024 /PRNewswire/ -- EquitiesFirst , global equity-backed financing specialist, today announced the appointment of Andrew Stevens as Principal Representative of the Middle East and North Africa (MENA) of Equities First Holdings Hong Kong Ltd (DIFC Representative Office) in the Dubai International Financial Centre, United Arab Emirates with immediate effect.

Key Points: 
  • HONG KONG, March 11, 2024 /PRNewswire/ -- EquitiesFirst , global equity-backed financing specialist, today announced the appointment of Andrew Stevens as Principal Representative of the Middle East and North Africa (MENA) of Equities First Holdings Hong Kong Ltd (DIFC Representative Office) in the Dubai International Financial Centre, United Arab Emirates with immediate effect.
  • Andrew brings more than a decade of experience in global financial services to his new role, specializing in business development and complex financing solutions aligned to equity-based portfolios.
  • We are delighted to welcome Andrew as EquitiesFirst's representative in MENA, as his wealth of experience aligns seamlessly with our vision for the region."
  • Mr Andrew Stevens said from Dubai, "It is an honor to be appointed to this exciting role and I look forward to spearheading EquitiesFirst's future development in the flourishing Dubai and MENA markets replete with opportunities.

Capital Asset Management sets up in Dubai, granted DFSA CAT3C License

Retrieved on: 
Monday, March 4, 2024

DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).

Key Points: 
  • DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).
  • Capital Asset Management is a boutique asset manager, offering select clients access to exclusive top quartile performing funds, in addition to investment solutions and services across diverse asset classes.
  • Capital Asset Management Co-Founder and CEO Meshal Alothman said: 'Today we are unveiling Capital Asset Management, a culmination of over a year of groundwork and more than 100 years of combined investment management experience.
  • Capital Asset Management is a DIFC registered company with a CAT3C license.

Capital Asset Management sets up in Dubai, granted DFSA CAT3C License

Retrieved on: 
Monday, March 4, 2024

DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).

Key Points: 
  • DUBAI, UAE, March 4, 2024 /PRNewswire/ -- Capital Asset Management, a newly established independent investment management and advisory firm, announced today it has chosen Dubai as its base after being granted CAT3C license by the Dubai Financial Services Authority (DFSA).
  • Capital Asset Management is a boutique asset manager, offering select clients access to exclusive top quartile performing funds, in addition to investment solutions and services across diverse asset classes.
  • Capital Asset Management Co-Founder and CEO Meshal Alothman said: 'Today we are unveiling Capital Asset Management, a culmination of over a year of groundwork and more than 100 years of combined investment management experience.
  • Capital Asset Management is a DIFC registered company with a CAT3C license.

Revolutionizing Alternative Lending: Beehive's Technological Advancement

Retrieved on: 
Thursday, December 7, 2023

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.

Key Points: 
  • It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.
  • The platform serves as the nexus where ambitious businesses converge with forward-thinking investors while creating a seamless channel for financial empowerment.
  • In their pursuit of excellence in innovation and technological advancement, Beehive recently signed off with UAE Trade Connect (UTC) as its newest member and second non-bank entity to join its consortium.
  • To discover more about how UAE Trade Connect transforms the trade finance landscape with cutting-edge technology, please visit uaetradeconnect.ae .

Revolutionizing Alternative Lending: Beehive's Technological Advancement

Retrieved on: 
Thursday, December 7, 2023

It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.

Key Points: 
  • It has rapidly grown into a leading disruptor in the fintech industry, providing an alternative finance solution for small- and medium-sized enterprises (SMEs) in the ever-growing lending ecosystem.
  • The platform serves as the nexus where ambitious businesses converge with forward-thinking investors while creating a seamless channel for financial empowerment.
  • In their pursuit of excellence in innovation and technological advancement, Beehive recently signed off with UAE Trade Connect (UTC) as its newest member and second non-bank entity to join its consortium.
  • To discover more about how UAE Trade Connect transforms the trade finance landscape with cutting-edge technology, please visit uaetradeconnect.ae .

DIFC Champions Dubai as a Global Crypto Hub with Approval of XRP Under its Virtual Assets Regime

Retrieved on: 
Thursday, November 2, 2023

Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services.

Key Points: 
  • Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services.
  • Since the DFSA opened up external applications, XRP is the first virtual asset to be approved by the regime.
  • XRP joins BTC, ETH and LTC as the assets previously approved under the DFSA’s virtual assets regime.
  • Brad Garlinghouse, CEO of Ripple, said: “Dubai continues to demonstrate global leadership when it comes to the regulation of virtual assets and nurturing innovation.

Curtain Closes on the Region's First Sustainable Finance Conference Ahead of the City's Preparations for COP28

Retrieved on: 
Wednesday, October 25, 2023

Topics of deliberations ranged from navigating the landscape of sustainable and Islamic finance to integrating ESG into decision-making empowering sustainability through digital transformation and more.

Key Points: 
  • Topics of deliberations ranged from navigating the landscape of sustainable and Islamic finance to integrating ESG into decision-making empowering sustainability through digital transformation and more.
  • The fireside chat on "The Path to Making Dubai a Global Sustainable Finance Hub."
  • Moderated by Amal Larhlid, Partner Sustainability, PwC focused on the scope of sustainable finance driving Dubai as a global player in the sustainable financing sector.
  • The event further showcased the unwavering commitment towards global sustainability efforts by driving collaboration and innovations towards shaping a sustainable future.

CFI Financial Achieves Record-Breaking Q1 Results with Strong Growth in Trading Volumes, New Accounts, and Active Clients

Retrieved on: 
Tuesday, May 9, 2023

The company reported impressive growth across all key metrics, with record trading volumes, new accounts, and active clients.

Key Points: 
  • The company reported impressive growth across all key metrics, with record trading volumes, new accounts, and active clients.
  • Compared to Q1 2022, the trading volumes have increased by a remarkable 57%, while the number of active accounts has increased by an impressive 157%.
  • Additionally, the company has launched a trading app and is committed to developing new products and tools to enhance its clients' trading experience.
  • CFI Financial plans to open new markets in 2023 and bring its financial technology and expertise to even more traders worldwide.

CFI Financial Achieves Record-Breaking Q1 Results with Strong Growth in Trading Volumes, New Accounts, and Active Clients

Retrieved on: 
Tuesday, May 9, 2023

The company reported impressive growth across all key metrics, with record trading volumes, new accounts, and active clients.

Key Points: 
  • The company reported impressive growth across all key metrics, with record trading volumes, new accounts, and active clients.
  • Compared to Q1 2022, the trading volumes have increased by a remarkable 57%, while the number of active accounts has increased by an impressive 157%.
  • Additionally, the company has launched a trading app and is committed to developing new products and tools to enhance its clients' trading experience.
  • CFI Financial plans to open new markets in 2023 and bring its financial technology and expertise to even more traders worldwide.