Shadiq Zameen: Oil and gas transactions have increased substantially

Obviously, we were also interested in the evolution of the business climate in Dubai, especially now that both the energy and non-energy economies are showing signs of progress. In June, Dubai's non-oil private sector economy achieved the highest output growth in three years, fueled by a surge in new orders.

More than six months have passed since the launch of the Dubai branch of Golden Brokers. How would you characterize the era? How have your office and business changed since then?

The past six months have been prosperous for us, as we have established a solid customer in the UAE. According to our forecasts, the business has grown, and we anticipate expanding our office to other regions of the UAE and the Middle East in general in the near future.

What are your team's current business priorities in Dubai?

Given our extensive customer portfolio, we are prioritizing client-specific needs at this time. The trading styles and client expectations differ by region. As of now, we employ both CRM systems and direct individual relationships with customers to fully comprehend their current demands in order to serve them better in the changing online trading market.

Has the business climate, particularly in the realms of investments and commerce, been evolving?

The business environment has changed for the better, at least in terms of CFD trading. The geopolitical scenario between Russia and Ukraine has maintained extremely active energy markets. Many of our clients in the UAE have made substantial investments and trades in Oil, Natural Gas, and other energy companies like Shell or BP.

What are the most anticipated milestones and/or events in Dubai between now and the end of the year?

Our office in Dubai intends to utilize the extensive and long-standing knowledge accumulated by Golden Brokers for the benefit of our clients in the Gulf region. We intend to conduct trading-related workshops and educate more individuals on CFD trading's benefits and risks. In addition, we intend to increase our physical presence in other locations of the United Arab Emirates and the Gulf.