DTT Group Invests $10 Million to Strengthen Its Fintech Research and Expand Operations Regionally
Dubai United Arab Emirates: DirectTT, a global leader in financial advisory services and a subsidiary of DTT Group, a globally recognized and regulated financial services provider, has been granted a financial advisory and financial analysis license by the Securities and Commodities Authority of the United Arab Emirates. DTT Group subsequently announced that it will invest $10 million over the next two years in financial technology research, with the aim of expanding its operations in the region.
This license allows DirectTT to provide regulated and reliable financial research and analysis services, employing scientific data based on 25 years of experience, to predict the price path and future trends of the forex, stocks, CFDs, precious metals and energy markets. Under this license, the company can also inform customers about the services provided by other entities licensed by the Securities and Commodities Authority and adopt marketing and advertising strategies to promote financial products. This step paves the way for the company to enhance its presence in the financial markets sector at the regional and global levels.
Prince d. Saif Al-Islam bin Saud bin Abdulaziz Al Saud, Chairman of the Board of Directors of DTT Group: “The GCC region is gaining recognition as a global financial center, thanks to its strong and diversified economy, advanced financial markets, and pro-business policies. In attracting investments from all over the world, the financial technology and innovation sectors are witnessing rapid growth, due to the increasing demand from companies seeking to upgrade their technological infrastructure to keep pace with global standards.”
For his part, Walid Eid, CEO and Managing Partner of DTT Group, said: Obtaining the Securities and Commodities Authority license is an important achievement, as it reinforces our commitment to our customers in the UAE, within the framework of our vision of providing data Organized, accurate and reliable financial services to ensure that traders have access to the best financial products and information, while achieving the highest levels of security in trading and investment operations.
Eid added: “We have set our sights on the GCC region as a leading financial center at the global level. We look forward to expanding our business in the region by harnessing the necessary investments and meeting all the needs of our customers in light of the growing demand for modern and high-quality financial technology solutions and services. We renew We are committed to contributing to the growth and prosperity of the financial sector in the region.”
Dubai recently announced an economic agenda with targets of $8.7 trillion until 2033, through which it aims to boost trade and foreign investment and consolidate its position as a global economic hub. DTT Group is keen to raise the levels of quality and innovation in the services provided to customers to contribute to economic growth, employing its pioneering experience in the financial services sector that extends for more than 25 years. The group has 13 offices around the world and is licensed in the United Kingdom, Lithuania, Colombia and Vanuatu, in addition to the UAE.
– is over –
About DirectTT Inc.
DirectTT is a leading global financial advisory firm operating in the United Arab Emirates under a license from the Securities and Commodities Authority. The company has more than 25 years of experience in the financial sector, and it provides a wide range of distinguished financial services and products to its corporate and individual clients.
About the DTT Group
Headquartered in the UK, the DTT Group is a globally recognized regulated financial services provider with over 25 years of experience in the financial markets and financial technology sector. The group has a team of 150 qualified people, 13 global offices, and is a reliable financial partner for more than 80 clients, providing them with the latest financial technology products, which number more than one million, in addition to its excellence in the field of customer service. www.globaldtt.com
For inquiries, please contact:
Middle East Communegate
Tel: +971 4 4546093
Fax: +971 4 3612432
s. Box.: 500270, Dubai – United Arab Emirates
Email: [email protected]