TechFlow, August 14 — According to Financefeeds, Robinhood has submitted an application for a regulatory license to the Dubai Financial Services Authority (DFSA), planning to launch foreign exchange and other trading services in the UAE. The company has appointed Mario Camara, an executive with extensive experience in financial services licensing and operations, to lead its Dubai operations.
Once licensed by the DFSA, Robinhood will not only be able to serve users in the UAE but also use Dubai as a base to expand across the broader Middle East and North Africa region. Currently, Robinhood operates only in the United States, the United Kingdom, and parts of Europe, and has not yet launched services in the Middle East and North Africa.
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