Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Digital onboarding makes Dubai stock market access easier

Dubai: Investors looking to trade shares listed on the Dubai Financial Market (DFM) can now complete the entire onboarding process digitally, eliminating paperwork and the need to visit a branch. EFG Hermes UAE LLC has launched digital onboarding with DFM through its EFG Hermes ONE trading and investment app, allowing investors to obtain a DFM investor number (NIN) and open a trading account…

Digital onboarding makes Dubai stock market access easier

Dubai Financial Market (DFM) has introduced digital onboarding, enabling investors to complete the entire process through the EFG Hermes ONE trading and investment app. This eliminates the need for paperwork and in-person visits to branches, simplifying access to Dubai's capital markets. The service integrates directly with the trading app, allowing investors to obtain a DFM investor number and open a trading account from their mobile devices.

Since launching, DFM has welcomed 42,864 new investors in the first half of 2026, with 71.4% of them being foreign nationals. Trading volume reached Dh119.5 billion during the period, a 40.4% increase from the previous year, while the average daily traded value rose 45.1% to Dh1.004 billion. The digital onboarding initiative aims to shorten the path from an investor's decision to participate in the market to actual trading, broadening market participation and enhancing accessibility.

Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at gulfnews.com →

More in Finance & Markets

More from Sunday 27 September →