Mubasher: MubasherTrade Global seeks to increase the number of investors in the Arab stock markets, Chairman Mohammed Rashid Al Ballaa said at the third Arab Federation of Capital Markets (AFCM) Annual Conference.

The number of traders in the Arab countries does not exceed 1% of the population, which is a small volume compared with the 50% in the US, Al Ballaa added.

He noted that his group works on developing services for joint-stock companies to provide their activities and growth plans to the largest number of individual and institutional investors.

Mubasher also offers services for small and medium-sized enterprises (SMEs) so that they can have investors and financing entities, which forms a secondary market to trade in, Al Ballaa concluded. 

The Chairman earlier noted that Mubasher’s GTN connects 91 markets in 86 countries worldwide and provides instant trading, with current 11 global licences and plans to add more from Korea, Japan, and Hong Kong.

The third annual conference is held in Qatar for two days starting 29 April 2024, where 250 delegate members of the Arab exchanges, brokerage companies, and other trading-related firms are attending.