Cyprus-based TopFX, a retail and institutional brokerage firm, has strengthened its position in the Middle Eastern and North African (MENA) region with the opening of a new Dubai office. Additionally, it has appointed Omar Al-Janabi as the Head of MENA.
"I am very excited to announce the establishment of TOPFX 's new rep office in Dubai, UAE!” the CEO of TopFX Group, Alex Katsaros, wrote on a social media post. “Our office located on the 29th floor of Burlington Tower, a prestigious skyscraper in Business Bay, spearheads our expansion in the whole of the MENA region.”
“In our office, you will meet our Arabic-speaking team led by our Head of MENA, Omar Al-Janabi, and receive information about our Liquidity, cTrader and the TOPFX All-in-One broker solution.”
This move will bolster the broker’s offering to its Arabic-speaking client base.
“An amazing way for us to end a very strong year in which we continued our steady growth. I am very lucky to have equally exciting projects planned for 2022,” Katsaros added.
A Key Appointment
Al-Janabi started his career in the brokerage industry and spent a significant amount of time with many trading companies. He joined TopFX in July 2021 as a Regional Manager and was based in Cyprus.
His appointment as the MENA Head can be justified from his past experience as MENA Partnership Manager at Tickmill, where he spent almost three years. Furthermore, he was a Senior Business Development Manager at Swiss Markets. He entered the industry in 2014 as a Customer Service Operator for XM and then moved to FXPRIMUS as the Head of Middle East Operations.
Meanwhile, TopFX witnessed the departure of Michael Nichols recently who was the broker’s Director of Institutional Sales.