CFI Financial Markets LLC, the UAE division of leading online broker CFI Financial Group, has announced a major leadership transition as Jareer Hiary takes on the role of Chief Executive Officer. Jareer Hiary takes over from Nidal Abdelhadi, who is leaving CFI and will now focus on his own personal ventures. This leadership transition comes shortly after the important milestone of the launch of CFI’s SCA-regulated entity in the UAE as a Category 1 licensed broker, the highest and most capitalized category under the SCA licensing regime.
Nidal Abdelhadi became CEO of CFI UAE in 2020 and was primarily CEO of the group’s DIFC subsidiary, Credit Financier Invest (DIFC) Limited, and recently transitioned to the leadership of CFI Financial Markets LLC, a company controlled by the Securities and Commodities of the UAE SCA), which he was instrumental in establishing.
Reflecting on his tenure as CEO Nidal Abdelhadi commented,
“Top CFI in the UAE has been an enriching journey, marked by significant achievements. I am proud to have been part of such an innovative team. As I move on to pursue personal interests, I leave confident that CFI will continue to excel and innovate under new leadership.”
The group now welcomes Jareer Hiary as the new Managing Director of CFI UAE, who brings a wealth of experience and a proven track record to his new role. Having joined the Jordanian division of the group in 2018, he quickly rose to Branch Manager, then Co-Head of Business Development. During his tenure at Jordan, he was instrumental in the growth and success of the department, demonstrating his exceptional talent, industry knowledge and business acumen. The company said these qualities make him the ideal candidate to lead CFI UAE in its next phase of growth in the UAE.
Expressing his excitement about his new role, Jareer Hiary said:
“I am honored to step up as CEO and lead the group’s Emirates entity into its next phase of growth. Building on Nidal’s strong foundation and recent achievements, I look forward to leading our team to further innovation and success.”
Hisham Mansour, Co-Founder and CEO of CFI Financial Group, also commented on the leadership transition:
“We thank Nidal for all his efforts at CFI and for his years of valuable service. We wish him all the best in his future endeavours. Looking forward, I am excited to welcome Jareer as he takes up his new role as Managing Director of our UAE subsidiary. His proven success and fresh perspectives are vital as we continue to expand and innovate in this dynamic economic landscape. The UAE is a key market for us and is of key importance to the region. I have complete confidence in Jareer’s leadership with his already proven track record.”
In this new chapter, CFI UAE said it remains steadfast in its commitment to excellence, innovation and this important market, building on its past achievements and driving innovation.
The formal appointment of Jareer Hiary as CEO is pending final regulatory approvals.
About CFI
CFI Financial Group is MENA’s Leading Broker with over 25+ years of experience, leading the sector with the highest number of regulated entities and regional offices, including key locations such as London, Dubai, Larnaca, Beirut, Amman and Cairo. Specializing in online trading services across a wide range of markets including stocks, currencies and commodities, CFI offers highly competitive trading conditions including zero pip margins and no commissions. The company is a pioneer in integrating artificial intelligence into commerce and developing advanced tools and applications. CFI is committed to excellent customer service and provides 24/7 support, detailed technical reports and educational webinars. CFI strongly supports elite sports, forging partnerships with prominent global teams such as AC Milan, Paris Saint Germain and Sheffield United, as well as national teams and confederations within MENA. The group is also committed to community involvement in the sectors in which it operates, actively participating in various Corporate Social Responsibility (CSR) initiatives.