Freedom Broker Global Markets, a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), has received Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). This step is part of the group’s global expansion strategy, and it establishes Abu Dhabi as one of Freedom’s primary international hubs.
Obtaining an ADGM license signifies the next stage in scaling up the business. The UAE has strict yet predictable regulations and access to international capital. Under the ADGM license, Freedom Broker Global Markets is authorized to trade investments as a matched principal, provide custodial services, manage assets, arrange transactions, and deliver investment and credit advisory services.
Building momentum in the Middle East
The ADGM license opens the door to a new phase of growth in the region. Freedom Holding plans to continue investing in local professionals, technology infrastructure, and deeper integration of its global trading platforms, with a particular focus on institutional and high-net-worth clients.
“We have always said that geography for the sake of a flag on the map is not what matters to us – what matters is the meaning and sustainability of our presence,” notes Timur Turlov. “ADGM is a jurisdiction where you can build a business for decades ahead. Transparency, technology, and long-term thinking are valued here – these are exactly the principles on which Freedom is built.”
The UAE is the strategic center for serving clients from the MENA region, South Asia, and East Africa.
A connected global strategy
Freedom Holding’s growth strategy continues to involve expansion beyond the UAE. In Europe, the company is strengthening its digital brokerage offerings and expanding under pan-European regulatory frameworks. The aim is to make investing more efficient and accessible for both retail and professional clients.
Central Asia and the Caucasus remain at the heart of the business. In 2025, the company continued to deepen the integration of local markets into global infrastructure, developing investment banking, asset management, and financial education. “We grew up in this region and understand how important it is to provide people not only with access to markets, but also with an understanding of how those markets work,” Turlov notes.
In the Middle East, Freedom views Abu Dhabi as a launchpad for partnerships across the Gulf countries, including collaboration with family offices and participation in major investment projects. Meanwhile, in Asia, the strategy is aimed at expanding investor access to U.S. and European markets through a unified ecosystem that combines local presence with global products.
The United States remains a key element of the overall structure – as a capital market, a source of liquidity, and a benchmark for corporate governance standards as a public company. “Being a public company is a daily discipline. It forces us to be better in every country where we operate,” Timur Turlov emphasizes.
As it looks toward 2026 and beyond, Freedom Holding Corp. aims to strengthen its position as a globally integrated financial group. The UAE, Europe, Central Asia, the Middle East, Asia, and the United States are all part of a single, interconnected system – one built on regulatory trust, advanced technology, and a long-term vision for global capital markets. “The client should not care where we are physically located -New York, Almaty, or Abu Dhabi,” emphasizes Timur Turlov. “They should receive the same high level of service and access to global markets everywhere.”
