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2 clusters · 4 sources · 3 days · First seen 6 days ago · Last updated 3 days ago

Dubai Financial Market digital onboarding implementation

Overview

The Dubai Financial Market (DFM) has implemented a fully digital onboarding process to facilitate investor registration. In partnership with EFG Hermes UAE LLC, the service is integrated into the EFG Hermes ONE mobile application, allowing users to obtain a DFM investor number (NIN) and open trading accounts via smartphone without physical branch visits or paperwork.

This digital transition follows a period of growth for the exchange. During the first half of 2026, the DFM onboarded 42,864 new investors, 71.4 percent of whom were foreign nationals. Total traded value for that period reached AED 119.5 billion, representing a 40.4 percent year-on-year increase. As of late June 2026, the DFM's total market capitalization was recorded at Dh981.6 billion. Khalifa Rabba, Chief Operating Officer of the DFM, noted that the initiative is intended to shorten the time between an investor’s decision to enter the market and their ability to begin trading.

Entities

Dubai Financial Market · Khalifa Rabba · EFG Hermes UAE LLC · EFG Hermes ONE

Timeline

3 days ago

[BUSINESS] 2 sources
Dubai Financial Market launches digital onboarding for mobile investors
The Dubai Financial Market has launched digital onboarding via the EFG Hermes ONE app, allowing investors to open accounts and obtain investor numbers entirely through their mobile phones.
6 days ago

[BUSINESS] 2 sources
EFG Hermes launches digital onboarding for DFM investors
EFG Hermes UAE LLC has introduced digital onboarding for Dubai Financial Market investors via its EFG Hermes ONE app, allowing for paperless account opening and NIN acquisition on mobile devices.

Sources

bazaartimes.com · bnokonline.com · economymiddleeast.com · gulfnews.com