Robinhood gets Dubai license for planned 2027 regional launch

Robinhood has received authorization from Dubai’s financial regulator to establish a retail investing business in the city, with the company saying it plans to launch across the Middle East in 2027. The Dubai Financial Services Authority’s public register lists Robinhood MENA Limited as licensed from July 20, 2026, to arrange investment deals and custody. The entry also includes an endorsement for serving retail clients. These permissions and the endorsement are recorded in the register; the company’s broader planned product offering has not been detailed beyond its announcement. Robinhood said on October 22 that the authorization supports a planned regional service featuring equities, cryptocurrencies, exchange-traded funds and investment tokens. It has not announced a specific launch date or identified which products will be available when the service begins. The company said its regional operation will be based at the Dubai International Financial Centre, a financial district in Dubai, and led by Salah Kaddoura, president and senior executive officer of Robinhood MENA. Robinhood has described the planned service as a way to offer investment products to customers in the...