LONDON--(BUSINESS WIRE)--TradeNext, a UK based forex and CFD broker expects gulf state, UAE, to overtake its peers as the largest financial trading centre in the region.
The UAE is also one of the most vibrant countries on the region. With the woes of 2008's economic gloom having been blown away, the country is on the up having recently acquired status of emerging market and being included in the MSCI Index.
The Dubai Financial Market has been one of the best performing in the region and with a foray of exchanges, instruments and financial infrastructure in place Tradenext is bullish on the region.
The leading UK based FX, CFD and spread betting provider, is sponsoring and exhibiting at the Mena 13th Forex Show (9&10 June) at the prestigious Ritz Carlton DIFC, Dubai.
The Mena forex expo is one of the most established financial markets' events in the region and TradeNext's participation at the exhibition highlights the firm’s ambition to provide robust trading solutions to a global client base.
TradeNext's CEO Mohsin Jameel who was recently nominated at the UK Indian Business Awards 2014 comments: "The Gulf Cooperation Council has always been at the forefront if TradeNext's strategy due to the region’s growth potential and the suitability of trading solutions offered by TradeNext."
Shiv Kumar, market analyst at TradeNext, adds: "The UAE has definitely pulled back from 2008 lows and we are seeing record highs in the country’s equities market, Dubai still is still an attractive buy for investors, explained."
TradeNext will have a booth at the show and will be situated at Stand 36.