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The Multibank Group has moved its headquarters from Hong Kong to Dubai. Nasser Taher, Chairman of the Board of Directors of the Multibank Group, said: “Since its establishment in 2005, the Multibank Group has developed into one of the largest companies specialized in trading financial derivatives online around the world.
He added: “MultiBank Group obtained a while ago an additional set of new licenses from two of the most respected and respected regulatory bodies in the world, the Securities and Commodities Authority in the UAE and the Monetary Authority of Singapore. The Board of Directors found themselves faced with the difficult choice of deciding whether to move to either Singapore or Dubai to establish a new headquarters. After lengthy deliberations, I am pleased to announce that the members of the Board of Directors have unanimously agreed to relocate to Dubai, in light of the positive and encouraging policies adopted by the Government of the United Arab Emirates to strengthen Dubai’s position as a major global financial center
