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The Arabian News > Economics > Daman Markets Adds AED Accounts for Locals and Starts Trading UAE Stocks
Economics

Daman Markets Adds AED Accounts for Locals and Starts Trading UAE Stocks

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Daman Markets has officially launched UAE stock trading services along with AED-based trading accounts, signaling a major step forward for local investors seeking greater access to regional markets. The move is expected to boost domestic participation and align with the UAE’s vision of economic diversification and financial empowerment.

This expansion comes in response to growing demand from both retail and institutional investors for localized trading options. By offering stock trading in dirhams, Daman Markets eliminates currency conversion costs, making investments more seamless and attractive for UAE residents.

The company claims that the launch is part of a larger effort to make financial tools more widely available and tailored to the needs of the community. “Our new offerings are tailored to support the UAE’s rapidly maturing market and empower investors to build wealth confidently,” said a spokeswoman.

Daman Markets’ program is viewed as a timely and smart move to assist self-reliant, investor-savvy people throughout the area, especially as the UAE economy grows and more citizens participate in wealth-building through the stock market.

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