EFG Hermes launches digital onboarding for DFM investors

EFG Hermes UAE LLC has launched a fully digital onboarding service for Dubai Financial Market (DFM) investors through its EFG Hermes ONE mobile application. The new feature allows users to obtain a DFM investor number (NIN) and open a trading account entirely via smartphone, eliminating the need for paperwork or physical branch visits.

The initiative aims to reduce procedural friction and lower entry barriers for regional investors seeking access to DFM-listed securities. This launch follows a period of significant growth for the Dubai Financial Market; during the first half of 2026, the DFM onboarded 42,864 new investors, with foreign nationals representing 71.4 percent of that figure.

Market activity in the DFM has also seen a substantial increase, with total traded value reaching AED 119.5 billion in H1 2026, a 40.4 percent year-on-year rise. Khalifa Rabba, Chief Operating Officer of DFM, noted that the digital onboarding service reflects the ongoing evolution of the market's digital infrastructure.