GBE Brokers Eyes Expansion in the Middle East with a New Dubai Office

Friday, GBE brokers announced the launch of a new representative office in Dubai, strengthening its footprint in the Middle East and North Africa (MENA) area. The new office is located in the Business Bay sector of Dubai's Binary Tower.

The news statement shared with Finance Magnates stated, "We have developed a unique worldwide footprint in the heart of major global financial hubs to best serve the European, African, Asian, and Middle Eastern markets."

The financial services company has a physical presence in two other countries besides the new Dubai office: its headquarters in Cyprus and a branch office in Germany.

Throughout addition, Mahmoud Haj Mohamad was chosen to spearhead the brokerage's expansion in the Middle East. In his new position, he will focus on developing the optimal strategy to meet client requirements.

Mohamad joined GBE in 2014 as the head of the Arabic sales department in the German office. In 2016, he became a member of GBE Prime with the responsibility of enhancing the Middle Eastern business operations.

GBE's retail product consists of FX and popular asset class contracts for differences (CFDs). Its operations are authorized by Cyprus and German authorities.

In addition, the organization provides institution-specific capabilities, such as liquidity for FX, CFDs, and cryptocurrencies, as well as connectivity solutions to its enterprise eFX hubs.

"Our primary objective is to strengthen our brand in the German-speaking areas where we are already well-known. Ben Henke, the head of GBE Prime, stated that the goal is to enter each market, identify the optimal strategy, and respond with vertical commercial activity.

Following this strategy and continuously refining our customer support procedure to provide a seamless online trading experience for retail and institutional clients has resulted in an increase in organic business and a rise in our worldwide market share.