logo
Tickmill partners with ProTrade Investments to expand its presence in Oman

Tickmill partners with ProTrade Investments to expand its presence in Oman

Times of Oman2 days ago
Muscat: Tickmill, a global leader in financial services, is proud to announce the expansion of its services in Oman, in collaboration with its strategic partner, ProTrade Investments. The headquarters of this collaboration will be PoTrade's new office in Muscat, located on the first floor of Office 1991, Al Ghubrah Street, will officially open its doors on 24 July 2025.
This expansion marks a significant milestone in Tickmill's commitment to strengthening its presence in the Middle East and providing tailored financial services to traders across the Arab world. The new operation in Muscat will serve as a regional hub, offering localized support, education, and expertise to clients in Oman and surrounding markets.
The partnership with ProTrade Investments, a leading financial services provider in the Arab world with over nine years of experience, brings together two companies that share a vision for accessible, client-first trading services. Known for its exceptional 24/7 customer support and a humane approach to financial services, ProTrade is led by Ahmed Al-Moussawi, a seasoned expert in international financial markets.
'The expansion of our services into Oman represents more than just geographical growth,' said Sudhanshu Agarwal, CEO of Tickmill. 'It is a testament to our long-term commitment to the Arab world and our strategic vision to empower local traders with world-class tools, education, and support. Partnering with ProTrade Investments enables us to combine global expertise with expert local insight.'
Ahmed Al-Moussawi, CEO and founder of ProTrade added, 'We are proud to join forces with Tickmill to offer Omani traders a new level of professionalism and transparency. Our new joint operation in Muscat will serve as a vital resource for anyone seeking reliable, regulated access to global financial markets.'
Tickmill, founded in 2014, is recognized globally for its transparency, innovation, and high standards of client fund protection. The company operates under the oversight of several prestigious regulators, including the UK's Financial Conduct Authority (FCA), CySEC in Cyprus, and the FSA in Seychelles. It is also recognized by the Dubai Financial Services Authority (DFSA) as a Representative Office. Backed by a team of seasoned traders with experience dating back to the 1980s, Tickmill continues to build trust with clients worldwide.
The official opening on 24 July will include a launch event with leadership from both companies, special guests, and key members of the local trading community.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tickmill partners with ProTrade Investments to expand its presence in Oman
Tickmill partners with ProTrade Investments to expand its presence in Oman

Observer

timea day ago

  • Observer

Tickmill partners with ProTrade Investments to expand its presence in Oman

Muscat - Tickmill has announced the expansion of its services in Oman, in collaboration with its strategic partner, ProTrade Investments. This expansion marks a significant milestone in Tickmill's commitment to strengthening its presence in the Middle East and providing tailored financial services to traders across the Arab world. The new operation in Muscat will serve as a regional hub, offering localized support, education, and expertise to clients in Oman and surrounding markets. The partnership with ProTrade Investments, a leading financial services provider in the Arab world with over nine years of experience, brings together two companies that share a vision for accessible, client-first trading services. Known for its exceptional 24/7 customer support and a humane approach to financial services, ProTrade is led by Ahmed Al-Moussawi, a seasoned expert in international financial markets. The headquarters at PoTrade's new office in Muscat, located on the first floor of Office 1991, Al Ghubrah Street, will officially open its doors on July 25, 2025.'The expansion of our services into Oman represents more than just geographical growth,' said Sudhanshu Agarwal, CEO of Tickmill. 'It is a testament to our long-term commitment to the Arab world and our strategic vision to empower local traders with world-class tools, education, and support. Partnering with ProTrade Investments enables us to combine global expertise with expert local insight.'Ahmed Al-Moussawi, CEO and founder of ProTrade added, 'We are proud to join forces with Tickmill to offer Omani traders a new level of professionalism and transparency. Our new joint operation in Muscat will serve as a vital resource for anyone seeking reliable, regulated access to global financial markets.'Tickmill, founded in 2014, is recognized globally for its transparency, innovation, and high standards of client fund protection. The company operates under the oversight of several prestigious regulators, including the UK's Financial Conduct Authority (FCA), CySEC in Cyprus, and the FSA in Seychelles. It is also recognized by the Dubai Financial Services Authority (DFSA) as a Representative Office. Backed by a team of seasoned traders with experience dating back to the 1980s, Tickmill continues to build trust with clients worldwide. The official opening on July 24 will include a launch event featuring leadership from both companies, special guests, and key members of the local trading community. For more information about Tickmill and its services, please visit

Oman oil price reaches $70.52 per barrel
Oman oil price reaches $70.52 per barrel

Observer

timea day ago

  • Observer

Oman oil price reaches $70.52 per barrel

MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies MUSCAT: The official price of Oman oil for September delivery on Wednesday reached $70.52. The price of Oman oil decreased by 18 cents compared to Tuesday's price of $70.70. The monthly average price of Omani crude oil for July delivery reached $63.62 per barrel, a decrease of $4.25 compared to the price for June delivery. Meanwhile, international oil prices fell for the fourth consecutive session on Wednesday, as investors assessed trade developments including a US tariff deal with Japan ahead of a US stocks data announcement. Brent crude futures were down 50 cents, or 0.7%, at $68.05 a barrel as of 11:19 GMT. US West Texas Intermediate crude futures were down 47 cents, or 0.7%, at $64.78 per barrel. Both benchmarks lost about 1% in the previous session after the EU said it was considering countermeasures against US tariffs. US President Donald Trump said on Tuesday that the US and Japan had struck a trade deal that included a 15% tariff on US imports from Japan. 'The slide (in prices) of the past three sessions appears to have abated but I don't expect much of an upward impetus from news of the US-Japan trade deal as the hurdles and delays being reported in talks with the EU and China will remain a drag on sentiment', said an analyst. — Agencies

OQEP enhances shareholder value through share buyback programme
OQEP enhances shareholder value through share buyback programme

Times of Oman

timea day ago

  • Times of Oman

OQEP enhances shareholder value through share buyback programme

Muscat: OQ Exploration and Production (OQEP) has announced a share buyback programme following approval from the Financial Services Authority (FSA). This initiative aims to enhance the company's ability to deliver value to its shareholders, in addition to its current annual base dividends of OMR231 million (equivalent to $600 million) and its semi-annual performance-linked dividends. The company stated that the programme will commence 15 days from Thursday, in accordance with the regulations of the FSA and the Muscat Stock Exchange. It will be implemented based on the resolutions passed during the company's Extraordinary General Meeting held last June, which amended the company's articles of association to enable share repurchases. OQEP clarified that the buyback programme targets the acquisition of between 45 million and 60 million shares over a period of six months from the programme's commencement, or until the targeted share purchase is completed. Eng. Ahmed Said Al Azkawi, CEO of OQ Exploration & Production, explained that this programme reflects confidence in the company's strong fundamentals and its long-term growth prospects. He noted that the company's shareholders will benefit from a capital return programme that includes the OMR231 million base dividend, a performance-linked dividend program, and the share buyback. He affirmed that OQ Exploration & Production remains focused on achieving growth, operational excellence, optimising its investment portfolio, generating strong and predictable cash flows, and ensuring long-term value for its shareholders.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store