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Noor Capital acquires the House of Borse

DUBAI: Noor Capital, the leading investment company and provider of financial services in the United Arab Emirates and the Middle East, is licensed and subjected to the regulation and supervision of the Securities and Commodities Authority in the United Arab Emirates and whose board of directors is chaired by the Emirati businessman Abdul Jabbar Al-sayegh, announced the completion of its acquisition of 100% of the shares of “H ouse of Borse” (H OB), a leading multi-asset financial brokerage in the United Kingdom regulated by the FCA.

Noor Capital launched this initiative as part of its efforts to expand its presence in Europe and the United Kingdom. The acquisition will allow Noor Capital to expand its business to the United Kingdom and the prestige of having an Fca-licensed brand associated with its name. In addition, this investment will allow the company to increase its customer base in Europe and the United Kingdom. This allows the firm to implement an ambitious growth plan over the coming months, with the launch of various investment products.

Within a short time, H ouse of Borse achieved a leap in growth, expansion, and the launch of innovative financial products after it boosted its revenues for the year 2022 of more than 71%. As a result, the company now enjoys a leading position in providing trading services in the financial markets on one multi-asset platform, to which it has attracted many clients from the institutional sector and retail traders to become a leader in this field.

BUSINESS

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2023-03-28T07:00:00.0000000Z

2023-03-28T07:00:00.0000000Z

https://daralkhaleej.pressreader.com/article/281775633413583

Dar AlKhaleej