Doo Group Expansion, opens Dubai office for tailored digital solutions, strengthening global presence and serving Middle East client growth.
Doo Group Expansion, opens Dubai office for tailored digital solutions, strengthening global presence and serving Middle East client growth.
Doo Group strategic expansion includes the inauguration of a new office in Dubai, United Arab Emirates, bolstering its global presence. This move, announced on Monday, is aimed at bolstering the company’s presence in the Middle East and capitalizing on the thriving business landscape in the region.
The Dubai office will play a pivotal role in catering to the diverse needs of the regional client base, housing a specialized team with expertise in digital technology, software development, and client support. According to an official press release, the company expects that establishing a physical presence in Dubai will enhance responsiveness to client requirements, strengthen relationships with key stakeholders, and facilitate the delivery of tailored digital solutions to drive business growth.
Doo Group operates through various entities, offering brokerage services under Doo Clearing, Doo Financial, and Doo Prime. Additionally, it provides asset management services via Doo Wealth, payment and exchange services through Doo Payment Exchange, and financial technology services through Doo Tech and Fin Points.
Despite having a global presence with offices in 13 other locations, including the United States, the United Kingdom, Cyprus, Egypt, South Africa, Seychelles, Mauritius, Hong Kong, Thailand, Malaysia, Singapore, Vanuatu, and Australia, the company is yet to secure a regulatory license from the Dubai authorities. The announcement reiterates the company’s commitment to empowering organizations with innovative digital solutions, emphasizing its dedication to optimizing operations and enhancing customer experiences for sustainable growth in the digital age.
Earlier reports from the group indicated significant growth, with its brokerage platform handling over $452.3 billion in trading volume during the first half of 2023, marking an impressive annual growth of 39.4 percent. Furthermore, the trading platforms of Doo Group concluded the period with an active client base exceeding 130,000.
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