Kuwait-based broker NCM Investment has been awarded a Category 1 license from the Securities and Commodities Authority of the UAE, allowing it to expand operations and better serve clients across the Middle East region. While already operating in multiple countries, this approval represents a critical juncture in the firm’s strategy to consolidate its leadership position through regulated growth.

The SCA license, which underwent a rigorous vetting process, affirms NCM’s strong track record of over a decade in providing secure trading opportunities with transparency and fairness. It enables the launch of a fully-fledged office from the firm’s new Dubai headquarters. It is part of efforts to widen its footprint amid rising regional wealth and appetite for global investment.

In statements, NCM’s co-founder highlighted how the authorization supports goals to continuously diversify offerings and foster financial inclusion for retail investors seeking internationally competitive returns.

Its innovative platforms, coupled with distinctive service quality, have underpinned steady business expansion. Going forward, enhanced regional interconnectivity will further unlock new synergies across investor communities throughout Gulf markets and beyond. Independent analysts note the license builds upon NCM’s established reputation and demonstrates owner Eshraq’s vision of nurturing Fintech champions with scalability.

With a solid compliance framework now in the UAE, clients can depend on the broker’s expertise and competitive pricing and research support in diversifying portfolios worldwide. The expanded regulatory approval sets the stage for more inclusive wealth generation across the Middle East for years to come.

Leave A Reply