(MENAFN- mslgroup) amana, a leading online neo-broker in the MENA region, is gearing up to launch its highly anticipated, best-in-class trading app that will empower its clients to access the markets local and global financiers, regardless of the country. age, gender, income level or level of experience.
The multi-asset investment app will provide amana clients with a highly personalized trading experience and direct, commission-free access to thousands of assets, such as ETFs, commodities, stocks, cryptocurrency currencies, etc.
With transparency and ethical trading at its core, amana’s new app will provide seamless access and greater visibility to growing financial wealth and investment opportunities in the MENA region. Clients will be able to register and open an account in minutes and explore a unique stock portfolio comprised of hundreds of international companies, as well as over 200 major regional powers.
Muhammad Rasoul, CEO of amana, said, “Providing ‘access to all’, regardless of experience level or social status, is at the heart of amana. As the financial industry transforms into a mobile-first digital experience, our highly anticipated app will help create equal opportunities, for women and younger generations in particular, and a way for everyone to participate in regional financial markets. and global markets by removing barriers and enabling a seamless trading experience.
Gen Z – A calculating force in investing
The launch of amana comes amid a larger surge in commerce from emerging Gen Z – a young, tech-savvy customer base. With an estimated population of 1.4 million in the UAE alone, Gen Z customers are driving record transaction volumes. amana wants to ensure that this demographic has access to the best digital tools to better manage and grow their wealth.
“With increasingly younger demographics entering the world of trading and investing, it is crucial to make informed decisions. We understand this and strive to provide users with the required know-how through tools educational tools to help them navigate and make better investment decisions,” added Rasoul.
The road to success
Driven by the transformational impact of new technologies and data, Generation Z is key to creating a new path for societal and economic progress in the MENA region. In the UAE alone, financial wealth is expected to reach $700 billion by 2025 according to BCG, and amana’s platform aims to help clients participate in the region’s growing wealth and opportunity.
By providing a user-friendly interface, financial education, and risk and cost transparency, amana will enable millions of clients to access the world of investing. Its regional equity portfolio will be expanded through the platform with access to stocks from over 200 regional powerhouses, including Emaar, Emirates NBD, Aldar, Saudi Aramco, STC, Fawry, Anghami and other brands across various verticals.
amana does not require any minimum balance and offers split trading. This gives clients in the MENA region access to thousands of products, whatever their budget, to help them start their investment journey. Amana clients can invest in whole or partial shares of shares of international giants such as Tesla, Apple, Carrefour, Siemens, HSBC, Barclays, Unilever and BMW. Additionally, shares of Apple, Microsoft, Netflix, Disney, Snapchat, Pfizer, UniCredit, Sainsbury, L’Oreal, Rolls-Royce, Ferrari, Hermes, and Burberry are all available for trading, among others.
Early adopters of the app can also take advantage of the $100 introductory offer. Offer details are available on the amana app website.
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