CFI
Financial Group recently announced its acquisition of a Category One license
from the UAE’s Securities and Commodities Authority (SCA), marking its second
license in the country. The Group’s has regulatory presence in various
jurisdictions, including the United Kingdom, Cyprus, Lebanon, Jordan, Egypt,
Palestine, Oman, Mauritius, and others.
Expressing
his views on this, Hisham Mansour, Co-Founder and Managing Director of CFI,
emphasized the implication of obtaining the SCA license. He highlighted that
the Category One license, with its elevated paid-up capital requirements,
underscores CFI’s aim to provide secure and regulated access to financial
markets.
Hisham Mansour, Co-Founder and Managing Director. Source: CFI
Mansour
noted: “This marks our fifth entity launch this year, following our
expansions into Egypt, Kuwait, Palestine, and Oman.”
Nidal Abdel Hadi, CEO, CFI Dubai
The SCA license,
granted in the same country as CFI’s Dubai headquarters, holds value for the
Group, positioning it strategically to serve its client base in the Middle East
and facilitating further growth in the wider MENA region.
Nidal
Abdel Hadi, CEO of CFI Dubai’s SCA licensed entity, emphasized the significance
of regional oversight from one of the UAE’s financial regulators. He stated:
“The UAE is our home. Our aim is to leverage the region’s stability and
extensive growth to provide the best in terms of our products, platforms,
trading tools, and client service.”
European
Football Presence with Sheffield United Sponsorship
Finance Magnates reported earlier
that CFI
had expanded its involvement in European football by securing an initial
one-year sponsorship agreement with the English football club Sheffield United.
The Dubai-based firm, which enlisted the current Manchester
City coach Josep ‘Pep’ Guardiola as its Global Brand Ambassador last year,
revealed the new partnership back in April this year.
As
per the arrangement, CFI
will serve as the club’s front-of-shirt sponsor or Principal and Official
Financial Trading Partner for the upcoming Premier League 2023/2024 seasons.
Under
the terms of the deal, Sheffield United, affectionately known as the Blades, would
don CFI-branded shirts during their final pre-season fixture scheduled against
VfB Stuttgart, a football club competing in Germany’s Bundesliga. Mansour expressed
enthusiasm about the agreement: “Sheffield United and the Premier
League offer worldwide exposure for our business, and that is something we are
very keen to embrace.”
CFI
Financial Group recently announced its acquisition of a Category One license
from the UAE’s Securities and Commodities Authority (SCA), marking its second
license in the country. The Group’s has regulatory presence in various
jurisdictions, including the United Kingdom, Cyprus, Lebanon, Jordan, Egypt,
Palestine, Oman, Mauritius, and others.
Expressing
his views on this, Hisham Mansour, Co-Founder and Managing Director of CFI,
emphasized the implication of obtaining the SCA license. He highlighted that
the Category One license, with its elevated paid-up capital requirements,
underscores CFI’s aim to provide secure and regulated access to financial
markets.
Hisham Mansour, Co-Founder and Managing Director. Source: CFI
Mansour
noted: “This marks our fifth entity launch this year, following our
expansions into Egypt, Kuwait, Palestine, and Oman.”
Nidal Abdel Hadi, CEO, CFI Dubai
The SCA license,
granted in the same country as CFI’s Dubai headquarters, holds value for the
Group, positioning it strategically to serve its client base in the Middle East
and facilitating further growth in the wider MENA region.
Nidal
Abdel Hadi, CEO of CFI Dubai’s SCA licensed entity, emphasized the significance
of regional oversight from one of the UAE’s financial regulators. He stated:
“The UAE is our home. Our aim is to leverage the region’s stability and
extensive growth to provide the best in terms of our products, platforms,
trading tools, and client service.”
European
Football Presence with Sheffield United Sponsorship
Finance Magnates reported earlier
that CFI
had expanded its involvement in European football by securing an initial
one-year sponsorship agreement with the English football club Sheffield United.
The Dubai-based firm, which enlisted the current Manchester
City coach Josep ‘Pep’ Guardiola as its Global Brand Ambassador last year,
revealed the new partnership back in April this year.
As
per the arrangement, CFI
will serve as the club’s front-of-shirt sponsor or Principal and Official
Financial Trading Partner for the upcoming Premier League 2023/2024 seasons.
Under
the terms of the deal, Sheffield United, affectionately known as the Blades, would
don CFI-branded shirts during their final pre-season fixture scheduled against
VfB Stuttgart, a football club competing in Germany’s Bundesliga. Mansour expressed
enthusiasm about the agreement: “Sheffield United and the Premier
League offer worldwide exposure for our business, and that is something we are
very keen to embrace.”