Bloomberg targets Middle East for growth
Firm plans to make moves in Dubai and Saudi Arabia as it places greater focus on cross-asset solutions
Bloomberg is set on growing markets in Dubai and Saudi Arabia, as it heightens its focus on cross-asset solutions, showing emerging markets still hold some flavour for certain foreign exchange market participants.
The firm's interest in the Middle East comes hot on the heels of its success in parts of Asia, Latin America and Eastern Europe, where investments in market development have been paying off.
In July, Bank Indonesia integrated Bloomberg's commission-free foreign exchange trading
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