Orient Finance exhibits strong performance for Q3 2022 with trade volume worth USD 50 billion

Orient Finance exhibits strong performance for Q3 2022 with trade volume worth USD 50 billion

The company recorded over 350 new trading accounts during the quarter

UAE represents 95 per cent of theseaccounts

UAE, December 26, 2022

 Orient Finance, a leading and trusted ‘Global Investment Partner’ in the Middle East, reported exceptional performance during the third quarter (Q3) of 2022, recording over 350 new trading accounts by both GCC, UAE citizens and residents,with trading volume amounting to over USD 50 billion.

The Q3 reports indicatethat the surge is primarily driven by the UAE market, which opened over 95 per cent of new accounts. Orient Finance’s Q3 achievement echoes its vision to transform traditional trading methods,by continuously improvising its user-friendly online trading platforms, allowingindividuals and corporatesto explore the immense investment opportunities in the global financial markets.

Thousands of new accounts were opened in 2022,by individuals as well as by corporates, thereby increasing the ever-growing list of new clients for Orient Finance. During the period, the increase in the new accounts opened, owes to the company’s expertise and commitment to attaining maximum growth.

SerajAsad Khan, Managing Director of Orient Finance, said: “The strong performance of Orient Finance reflects our commitment to supporting our customers with advanced technologies, friendly customer support and trading tools. Our relentless efforts to drive innovations in the market is in line with the UAE Centennial 2071, which sets a roadmap to position the UAE as the world’s leading country by 2071. The visionary leaders of the UAE, highlighted theproject to be a seed planted by the UAE, that will benefit the coming generations in the future.”

“The UAE’s diverse economy has been a prominent contributor towards our achievement in the past quarter. The country’s strategic location, as a gateway to the region, hasgenerateda plethora of business opportunities,positioning itas one of the most appealingmarkets for investors, traders, and exporters. In addition, the country’s friendly policies make itanidealdestination for business expansion, as well as offersindividualsoptimum investment opportunities. This year has been very successful for us in terms of enhancing client relations, fostering innovation, and increasingclient base, andwe anticipate surpassingthis record by the end of Q4,”he added.

The company is currently being propelled to a new level of success by its customer-centric business strategy, which is based on trust and commitment.Furthermore, Orient Finance has developed a strategic plan for 2023, that includes growing the workforce, continuing to lead the market, creating new partnerships, adding new products and expanding its customer base across the Middle East.


About Orient Finance:

Established in 1994, and an essential part of the Al Qassimi Group, Orient Finance Brokers (OFB), the most reliable ‘Global Investment Partner’ in the UAE, is a Dubai-based online financial trading company providing best-in-class services tailored to meet the diverse financial and investment needs of customers. OFB is licensed and authorised by the Securities and Commodities Authority (SCA) to offer financial services, such as currencies, and monetary brokerage, trading non-regulated derivative contracts and currencies in Spot market. The company aims to revolutionise the conventional trading techniques and create customer-friendly online trading platforms. Some of the popular equities that OFB serves include Apple, Google, Tesla, Microsoft, Cisco, Facebook, Citigroup, General Motors, and many more.

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