This is a DFSA authorization—not an opportunity to open an account tonight.
$HOOD announced today that the Dubai Financial Services Authority (DFSA) has approved it to launch a retail investment platform in the Middle East from the Dubai International Financial Centre (DIFC), which will serve as its regional headquarters. The product suite is planned to launch in 2027—so for now, it has a license, but isn’t open for business yet.
The authorization covers trading and custody across all 10 asset categories licensed by the DFSA, which specifically named stocks, crypto, $ETF, and investment tokens. Middle East operations will be led by Salah Kaddoura, who serves as CEO and president of Robinhood MENA.