Amana Capital Obtains License to Operate in the Dubai International Financial Center (DIFC)

Amana Capital today announced that it has obtained a license from the Dubai Financial Services Authority (DFSA) and launched the operations of its new subsidiary, Amana Financial Services (Dubai) Limited, in the Dubai International Financial Center (DIFC).

"We are glad to receive this license which comes in line with our expansion plans that aim to strengthen our identity in applying high professional standards and best practices," said Mr. Ahmad Khatib, CEO of Amana Capital. "Obtaining this license and launching the new office in the Dubai International Financial Center will improve our abilities to better satisfy the needs of our customers in the Middle East".

The Dubai International Financial Centre (DIFC) is the financial and business hub that connects the region's emerging markets with the developed markets of Europe, Asia and USA.

Amana Capital's other subsidiaries have previously obtained financial licenses from regulatory authorities in the UK, Lebanon and Cyprus. The Group also has several representative offices in other countries including the most recent one in Malaysia. Amana Capital offers online trading services in global financial markets.

About Amana Capital

Amana Capital Group operates several entities regulated and authorized by reputable regulatory bodies in United Kingdom, Cyprus, Lebanon and United Arab Emirates. These entities provide brokerage services in international financial markets namely currencies, commodities, and stock indices as well as marketing, economic and management consulting services.