With this announcement, MultiBank Group would be relocating its headquarters from Hong Kong to Dubai.

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“The Securities and Commodities Authority (“SCA”) of the United Arab Emirates and the Monetary Authority of Singapore have both given MultiBank Group with new licences as of late, two of the most prestigious regulatory bodies in the world (“MAS”).

Said Board The Administration had to make the tough choice between relocating to Singapore or Dubai as the new global headquarters. I’m happy to report that, after much discussion, they decided to make the move to Dubai, where they hope to benefit from the UAE government’s strategy of “Promote Dubai as a great world financial hub.”

We are very pleased that MultiBank Group, the largest financial derivatives institution in the world, has established a permanent base in Dubai, having maintained an outstanding reputation with authorities around the world.

Hong Kong, Australia, Singapore, Ireland, the UK, Germany, Austria, Mexico, Cyprus, Turkey, Ecuador, the USA, China, Malaysia, Vietnam, the Philippines, India, the Cayman Islands, the British Virgin Islands, and now the United Arab Emirates are just some of the more than 20 countries in which MultiBank Group operates.

Source: Prnewswire

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