just now
January 16, 2024 - Match-Prime Liquidity and its strategic partner Match-Trade Technologies have announced the opening of their new office in Dubai, marking a significant venture into the Middle East and North Africa (MENA) region. This strategic move reflects the companies' growing engagement and client base in the MENA region.
Latif Tower, Dubai
The Dubai office will serve as a central hub for both forex providers, demonstrating their commitment to the dynamic MENA market. This expansion is expected to foster new collaborations, leveraging Match-Prime’s multi-asset liquidity, regulated by CySEC, and Match-Trade's award-winning trading platform, Match-Trader.
Andreas Kapsos, CEO of Match-Prime Liquidity
Andreas Kapsos, CEO of Match-Prime Liquidity, highlighted the strategic significance of the new branch: "Today marks a significant milestone for our companies as we proudly announce the opening of our office in Dubai. This expansion is not just about growth; it's a strategic step to embrace the immense potential of the entire MENA region. Here, the importance of trust between business partners is crucial, and it perfectly aligns with how we do business, making sure we always have personal contact with clients."
Ahmed Fouad, Head of MENA, Match-Prime Liquidity
The UAE branch will be managed by Ahmed Fouad, appointed as Head of MENA at Match-Prime Liquidity. Ahmed's extensive experience in the local market and his previous roles at Leverate and ATFX make him an ideal leader for the expansion in the MENA region.
Michael Nichols, Head of Sales, Match-Trade Technologies
Michael Nichols, Head of Sales at Match-Trade Technologies, commented on the strategic location: "Dubai has quickly established itself as a new financial centre, attracting major players from the forex industry. This dynamic market offers the opportunity to innovate and expand our solutions. Being present in Dubai means we can better understand our clients’ needs and respond faster, ensuring our technology stays ahead in the industry. It shows how far we've come and how much more we can do.”
Match-Prime and Match-Trade have been active in the MENA region for several years, participating in leading forex industry expos. Their efforts have been recognised with Match-Prime being awarded the Best Multi-asset Liquidity Provider in MEA last year. The new Dubai office, located on the 30th floor of the Latifa Tower, will now be a pivotal location for their operations in the MENA region.
