UAE – Noor Capital, an investment company and provider of financial services in the United Arab Emirates and the Middle East, announced the completion of its acquisition of 100% of the shares of House of Borse, a multi-asset financial brokerage in the United Kingdom regulated by the FCA.
The amount of the deal was not disclosed. The acquisition will allow Noor Capital to expand its business to the United Kingdom and increase its customer base in Europe and the United Kingdom. Founded by entrepreneurs Dr. Muhammad Al-Fadil and Mr. Wahb Ahmed, House of Borse serves its clients through a multi-investment platform with a variety of financial assets that allows clients to trade in all financial markets such as US stocks, currencies, commodities, metals, futures and CFDs in addition to cryptocurrencies. The company has also recently launched a service to grant its customers a Mastercard card to facilitate withdrawals, deposits and purchases from anywhere in the world. It operates under the license of the Financial Conduct Authority (FCA), which is linked to the Bank of England, andLed by Mr Mohamed Ghosheh, CEO, Noor Capital Noor Capital is an integrated financial services company that specializes in banking and investment asset management, capital markets services, financial brokerage, and credit financing. The firm manages many assets through funds and investment tools, headquartered in Abu Dhabi, UAE. In addition, Noor is expanding its multi-asset capital markets platform, expanding into the European Union, expanding its client offering, and launching US equity trading services. 27/03/2023
