CFI Financial Markets LLC (CFI UAE), the UAE division of CFI Financial Group, has announced a leadership transition, with Jareer Hiary stepping into the role of CEO. Hiary will succeed Nidal Abdel Hadi, who will now focus on personal ventures. This transition follows closely on the heels of the launch of CFI’s SCA-regulated entity in UAE as a Category One licensed broker.

Abdel Hadi previously served as the CEO of the group's DIFC entity, Credit Financier Invest Limited, before transitioning to lead CFI Financial Markets LLC. He played a pivotal role in establishing the latter as a regulated entity under the UAE’s Securities and Commodities Authority.

CEO Role at CFI UAE Awaits Regulatory Approval

Hiary brings experience to his new role as the CEO of CFI UAE. His journey within the CFI Group began in 2018 when he joined the Jordanian division and swiftly rose to the positions of Branch Manager and Co-Head of Business Development.

Expressing his enthusiasm for his new role, Hiary stated: "It is an honor to step up as CEO and lead the group’s Emirati entity through its next phase of growth. Building on the solid foundation and recent achievements of Nidal, I look forward to steering our team towards further innovations and success."

During his tenure in Jordan, Hiary contributed to the division's growth and success, showcasing talent, industry knowledge, and business acumen. These attributes position him as an ideal candidate to spearhead CFI UAE's next phase of growth in the United Arab Emirates. Formal approval of Hiary's appointment as the CEO is pending final regulatory clearance.

Saudi Super Cup with CFI as Official Partner

CFI announced its partnership as the Official Partner of the Saudi Super Cup, an event taking place in Abu Dhabi from April 8th to 11th, 2024, as reported by Finance Magnates. Hosted by Abu Dhabi's Department of Culture and Tourism, the Saudi Super Cup featured top Saudi teams like Al-Ittihad, Al-Wehda, Al-Hilal, and Al-Nassr. The tournament promised excitement with football legends Cristiano Ronaldo and Karim Benzema, alongside regional prestigious stars, such as Salem Al Dawsari and Abderrazak Hamdallah, competing for the cup.