Dubai, 17 September 2024- FOREX.com,an award-winning broker and a wholly owned subsidiary of Nasdaq listed company StoneX Group, will partake in the 7th grand edition of Forex Expo Dubai, coming this October 7th and 8th to Dubai World Trade Centre. Playing a major role on UAE’s trading scene, the company projects to attract a large amount of Foreign Direct Investments during the event, directly contributing to the UAE’s economic diversification goals.
Amid global economic challenges, the UAE’s unparalleled security and business-friendly environment have fostered remarkable resilience, setting it apart from other major economies and aligning it with the core targets of its diversified economic model.
Althoughglobal central banks are preparing for new monetary policy adjustments, which could result in increased market volatility, the UAE continues to offer investors a secure and stable platform for long-term growth and financial stability, reinforcing its standing as a resilient economic hub.
“The UAE’s strategic location has significantly boosted trade and non-oil GDP, while its record-breaking real estate sector and increased liquidity have cemented the country’s reputation as a haven for investors”, says Razan Hilal, Market Analyst, CMT at FOREX.com. She adds: “The strong promotion of global business partnerships and political stability further amplify its attractiveness. The latest projection of 4% growth in non-oil GDP for 2024, fueled by trade (16.1%), manufacturing (14.6%), finance and insurance (13.4%), and real estate (7.1%), underscores the country’s commitment to building a sustainable economy beyond the oil sector.”
As a top destination for Foreign Direct Investment (FDI), the UAE keeps on leveraging its favorable business climate to attract global investors, leading to a flourishing forex market, which aligns with the UAE’s economic diversification strategy, reducing its dependency on oil revenues by promoting financial services.
Over the last 15 years, FOREX.com has been offering powerful platforms, quality execution, tight spreads, and more to over 454,000 customers in 21 countries. With over 4,300 staff members globally, the company runs one of the largest trading operations in the UAE, backed by a proven track record of financial strength and stability.
For more information, please visit www.FOREX.com
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Futures, Options on Futures, Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. Losses can exceed your deposits. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents. Before deciding to trade forex and commodity futures, you should carefully consider your financial objectives, level of experience and risk appetite. Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. References to FOREX.com or GAIN Capital refer to StoneX Group Inc. and its subsidiaries.
FOREX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary Authority under the Securities Investment Business Law of the Cayman Islands (as revised) with License number 25033.
GAIN Global Markets Inc. has its principal place of business at 30 Independence Blvd, Suite 300 (3rd floor), Warren, NJ 07059, USA., and is a wholly-owned subsidiary of StoneX Group Inc.
About StoneX Group Inc.
StoneX Group Inc., through its subsidiaries, operates a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise. The company strives to be the one trusted partner to its clients, providing its network, product and services to allow them to pursue trading opportunities, manage their market risks, make investments and improve their business performance. A Fortune 100 company with a nearly 100-year track record, StoneX Group Inc. serves more than 50,000 commercial, institutional and payments clients, and more than 370,000 retail accounts, from nearly 80 offices across six continents.
Further information on the Company is available at www.stonex.com.
About Forex.com
FOREX.com is part of StoneX Group Inc. (NASDAQ: SNEX), a publicly traded company that meets the highest standards of corporate governance, financial reporting and disclosure. FOREX.com gives its clients access to more than 5,500 tradable markets and is one of the global market leaders in leveraged trading.
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