eToro, a retail and social trading platform, has been approved by the Abu Dhabi Global Market's Financial Services Regulatory Authority to offer services in the United Arab Emirates, marking a milestone in their global expansion. As part of the approval, eToro has appointed Jason Hughes as Senior Executive Officer for the Middle East and George Naddaf as GCC & MENA Regional Manager to help build relationships within UAE market. Recent months have seen eToro receive license from the Cyprus Securities and Exchange Commission in Europe and secure $800 million in valuation. Founded in 2007, the platform has over 34 million registered users from over 100 countries and offers investment in traditional assets as well as cryptocurrencies, allows users to copy strategies of top-performing investors. This news reflects eToro's focus on strengthening their presence in the Middle East.



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