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Abstract:XS.com launches in Kuwait via NVEST partnership, boosting fintech and multi-asset investment services as part of its Gulf Cooperation Council expansion.
XS.com, a well-known multi-asset broker, has started operations in Kuwait, a major step in its growth across the Gulf region. On July 1, the company opened its new office in Kuwait City through a partnership with NVEST, a subsidiary of the respected Construction Group and Al Wataniya Group. This move strengthens XS.com‘s position in Kuwait’s fintech scene, supporting the countrys “New Kuwait 2035” vision for technological progress.
The grand opening took place at the upscale Four Seasons Hotel in Kuwait City, drawing prominent attendees, including members of the Al-Sabah family, top financial leaders, and media. The collaboration with NVEST has led to the creation of “XS Online,” a newly licensed entity in Kuwait. This milestone fuels XS.com‘s goal to grow its presence across the Gulf Cooperation Council (GCC) and become a leading name in the region’s thriving fintech ecosystem.
The launch of XS.com‘s Kuwait office is more than just a new location—it’s a commitment to strengthening ties with the Arab region. The office will drive growth in Kuwait‘s financial investment sector by leveraging cutting-edge tools like artificial intelligence, aligning with the nation’s focus on fintech expansion.
Sheikh Rakan Bader Mohammed Al-Sabah, Chairman of Construction Group and Al Wataniya Group, highlighted the partnership‘s importance, stating, “The launch of XS Kuwait is the most significant step yet for the global XS Group in this region.” The collaboration reflects confidence in Kuwait’s potential to shine in the Gulfs financial landscape. XS.com also plans to expand into other key Gulf cities, reinforcing its role in the GCC.
This partnership comes as Kuwait works to attract global financial institutions, aiming to become a fintech hub. The new office will prioritize regulatory compliance, investor protection, and supporting Kuwaits fintech growth.
The Kuwait office opening showcases XS.com‘s dedication to the Kuwaiti and GCC markets. “This is more than opening an office—it’s about building stronger connections in the region,” said Mohamad Ibrahim, Group CEO of XS.com. “Kuwaits market is lively and forward-thinking. Being here lets us better serve our clients, meet market demands quickly, and grow our brand across the GCC.”
The office will act as a center for client support, regional strategy, and marketing efforts across the Gulf. Through this launch, XS.com aims to forge lasting ties with investors and stakeholders, boosting Kuwaits fintech ecosystem and cementing its status as a financial technology leader in the Middle East.
Since its founding in 2010, XS.com has offered multi-asset trading in global markets, earning trust through excellent customer service, transparency, and advanced trading technology. Licensed in multiple regions worldwide, the company ensures a secure and reliable trading environment.
The Kuwait office supports XS.coms long-term vision of expanding its influence in the MENA region. As it grows in the Gulf Cooperation Council, XS.com remains committed to delivering innovative trading services and advanced technology to meet the rising demand for fintech solutions.
In summary, the XS.com Kuwait launch is a bold move to deepen its roots in the region. Partnering with NVEST aligns with Kuwait‘s fintech expansion goals and positions XS.com as a major player in the country’s vibrant investment services landscape.
Ready to explore top-tier trading with XS.com? Visit their broker page at https://www.wikifx.com/en/dealer/2735532252.html to get started today!
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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