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Robinhood applies for Dubai license, seeks expansion in Middle East and North Africa markets

Summary: According to financefeeds, Robinhood is taking concrete steps to enter the Middle East and North Africa (MENA) markets. The company has applied for a license from the Dubai Financial Services Authority (DFSA), allowing it to legally provide forex and other trading services in the UAE. To drive this initiative, Robinhood has appointed senior executive Mario ...

According to financefeeds, Robinhood is taking concrete steps to enter the Middle East and North Africa (MENA) markets. The company has applied for a license from the Dubai Financial Services Authority (DFSA), allowing it to legally provide forex and other trading services in the UAE. To drive this initiative, Robinhood has appointed senior executive Mario Camara, who has financial services licensing and operational experience, to oversee the Dubai business.

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