eToro and Centroid Continue Middle East Expansion with Local Products

eToro and Centroid Solutions are actively adding products from the Middle Eastern financial markets. While eToro signed an agreement with the Abu Dhabi Securities Exchange (ADX) to include several ADX-listed stocks on its platform, Centroid integrated Aljazira Capital to offer its clients access to the Saudi financial markets.

The Rush to Add Middle East-Specific Products

Recently, NAGA Group also included stocks listed on the exchanges of the United Arab Emirates and Saudi Arabia. This was followed by Scope Markets, which enabled access to the Dubai and Abu Dhabi markets through two new equity indices.

Cristian Vlasceanu, CEO of Centroid Solutions, Source: LinkedIn

Centroid has been actively working to provide its clients with access to Middle Eastern markets. Last month, it enabled access to the UAE markets, including ADX, through its integration with Arqaam Capital.

According to the latest announcement, Centroid’s clients will now be able to trade equities, fixed income, and other financial instruments in Saudi Arabia through Aljazira Capital.

“This integration with Aljazira Capital is a testament to our commitment to providing innovative solutions that enhance access to one of the most dynamic financial markets in the Middle East,” said Cristian Vlasceanu, CEO of Centroid Solutions.

Exposing UAE Investors to Local Stocks

Meanwhile, traders on eToro will gain access to ADX-listed companies starting in 2025. The Israeli brokerage platform will offer stocks from the energy, real estate, banking, finance, technology, and healthcare sectors listed on the UAE exchange.

“Our data indicates that currently, only 42% of UAE retail investors have exposure to ADX-listed stocks,” said George Naddaf, Managing Director of Business Development for the MENA region at eToro. “However, there is a strong sense of optimism, with 80% anticipating market growth within the next year. This collaboration enables both our local and global users to capitalise on the region’s growth trajectory and aligns with our commitment to supporting the UAE’s economic vision.”

eToro operates in the UAE with a licence obtained in Abu Dhabi last year. The broker is reportedly considering going public in the US in the second half of 2025 with a valuation of $3.5 billion.

eToro and Centroid Solutions are actively adding products from the Middle Eastern financial markets. While eToro signed an agreement with the Abu Dhabi Securities Exchange (ADX) to include several ADX-listed stocks on its platform, Centroid integrated Aljazira Capital to offer its clients access to the Saudi financial markets.

The Rush to Add Middle East-Specific Products

Recently, NAGA Group also included stocks listed on the exchanges of the United Arab Emirates and Saudi Arabia. This was followed by Scope Markets, which enabled access to the Dubai and Abu Dhabi markets through two new equity indices.

Cristian Vlasceanu, CEO of Centroid Solutions, Source: LinkedIn

Centroid has been actively working to provide its clients with access to Middle Eastern markets. Last month, it enabled access to the UAE markets, including ADX, through its integration with Arqaam Capital.

According to the latest announcement, Centroid’s clients will now be able to trade equities, fixed income, and other financial instruments in Saudi Arabia through Aljazira Capital.

“This integration with Aljazira Capital is a testament to our commitment to providing innovative solutions that enhance access to one of the most dynamic financial markets in the Middle East,” said Cristian Vlasceanu, CEO of Centroid Solutions.

Exposing UAE Investors to Local Stocks

Meanwhile, traders on eToro will gain access to ADX-listed companies starting in 2025. The Israeli brokerage platform will offer stocks from the energy, real estate, banking, finance, technology, and healthcare sectors listed on the UAE exchange.

“Our data indicates that currently, only 42% of UAE retail investors have exposure to ADX-listed stocks,” said George Naddaf, Managing Director of Business Development for the MENA region at eToro. “However, there is a strong sense of optimism, with 80% anticipating market growth within the next year. This collaboration enables both our local and global users to capitalise on the region’s growth trajectory and aligns with our commitment to supporting the UAE’s economic vision.”

eToro operates in the UAE with a licence obtained in Abu Dhabi last year. The broker is reportedly considering going public in the US in the second half of 2025 with a valuation of $3.5 billion.

This post is originally published on FINANCEMAGNATES.

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