Century Financial’s UAE Expansion: New Abu Dhabi Office

Century Financial’s UAE expansion marks a significant step in strengthening its presence, offering advanced financial services through its new Abu Dhabi office. Century Financial, a financial services firm based in Dubai, has announced the opening of a new office in Abu Dhabi, as part of its ongoing efforts to expand its presence across the United Arab Emirates (UAE). The move reflects the company’s strategic growth plan to further solidify its position in the UAE’s financial industry, where it has been operating for over three decades.

“Being a pioneer in global investments in the UAE, the opening of the Abu Dhabi office further reiterates our commitment to providing the tools, knowledge, and bespoke solutions to our discerning clients based in Abu Dhabi,” said Bal Krishen, Chairman and CEO of Century Financial.

The new Abu Dhabi branch will introduce an enhanced range of products, including Contracts for Difference (CFD) on Abu Dhabi Securities Exchange (ADX) stocks. The firm also plans to incorporate innovative AI-powered features into its trading platform to better serve its clients.

Century Financial’s UAE Expansion Gains Momentum

At the start of this year, Century Financial welcomed Ulas Akincilar as its new Chief Product Officer. Akincilar brings extensive industry experience, as he previously worked with Infinox Capital and House of Borse, rebranded after UAE’s Noor Capital acquired it. He has also held a key position at Gold-i, a technology and liquidity provider catering to the FX/CFDs sector.

In a previous internal promotion, Century Financial advanced Mahmoud Elaref from Senior Financial Analyst to Vice President of Private Wealth. Elaref, who has been with the company for more than five years, now takes on greater responsibilities within the privately-owned firm.

The UAE is witnessing a rise in retail FX/CFD trading, defying the global trend of shrinking trader participation. Two key factors drive this growth: the thriving cryptocurrency market and the strong role of personal recommendations. A recent survey found that nearly half of those entering the trading market did so based on encouragement from family members.

Despite a 6% decrease in the number of active traders in the past year—largely due to fewer new participants—the UAE market has experienced a notable surge in returning and continuing FX/CFD traders. This reflects the market’s resilience and the trust that traders have in the UAE’s trading ecosystem.

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