ICM Capital opens branch in Dubai
Dubai - Speaking at an event at the Burj Al Arab celebrating the new 30-person office, ICM Capital Director Shoaib Abedi said that Dubai is the logical next step for the company.
UK-based ICM Capital - an online trading firm - will open a new Dubai branch in Business Bay in January, in local partnership with Mohammed and Abdulla Habib Al Mulla.
Using online platforms, ICM Capital allows customers to become involved in foreign exchanges as well as in commodities and CFD trading - all conducted online or even through mobile devices linked to bank cards.
Speaking at an event at the Burj Al Arab celebrating the new 30-person office, ICM Capital Director Shoaib Abedi said that Dubai is the logical next step for the company.
"We have been active for six years and have offices around the world. We're very active in Asia, we're very active in Europe and in the UK itself, and in the Middle East we've been very active as well but not directly," he said. "Now, with the partnership of the prestigious Al Mulla family, we've decided to open a Dubai office in order to provide local support, local training and local seminars, and educate people about what Forex trading is all about."
"Dubai is the most advanced city in the Middle East nowadays, and has a very good financial system and a very good banking system," he added.