Egyptian digital investment platform Thndr is accelerating its expansion into the Gulf, with plans to secure operating licenses in Saudi Arabia, Dubai, and Bahrain. The move is central to its ambition of building a single, accessible platform for Arab investors to trade across local, regional, and global markets.
Quick Facts
- In advanced talks for a trading license in Saudi Arabia.
- Holding discussions with regulators in Dubai and Bahrain.
- Already active in the UAE via Abu Dhabi’s ADX.
From Cairo to the Gulf
Thndr’s regional strategy is gaining momentum. After becoming the first remote retail trading member of the Abu Dhabi Securities Exchange (ADX) last year, the company is now setting its sights on the region’s largest markets. This initial UAE entry allowed users to invest directly in prominent listed companies and ETFs without needing a physical presence in the country.
In a recent interview with Asharq Business, co-founder and CEO Ahmad Hammouda confirmed that Thndr is in advanced discussions to secure a license in Saudi Arabia. He also revealed ongoing engagement with regulators connected to the Dubai and Bahrain exchanges, signaling a multi-front push to break down cross-border investment barriers.
The Vision for a Unified Arab Market
The core problem Thndr aims to solve is the fragmentation of MENA’s retail investment scene. Currently, investors often need multiple brokers, accounts, and regulatory approvals to access different Arab stock markets. Thndr is betting it can change this by creating a unified platform that connects the region’s capital markets through a single app.
This strategy taps into a growing trend of young, digital-native investors across MENA who are increasingly directing their own finances and looking for broader opportunities beyond their local exchanges. By simplifying access, Thndr aims to become the go-to gateway for regional investing.
New Products on the Horizon
While expanding geographically, Thndr is also broadening its product suite in its home market of Egypt. The company is preparing to launch a gold investment fund and is also developing a real estate investment fund.
These new offerings align with Hammouda’s emphasis on diversification as a key tool for risk management. By providing access to different asset classes, Thndr encourages its users to build more resilient, long-term portfolios that can perform across various market conditions.
About Thndr
Thndr is a commission-free, mobile-first investment platform that allows users to invest in stocks, bonds, and mutual funds. Founded in Egypt, its mission is to democratize investing in the MENA region by making it simple, accessible, and affordable for everyone.
Source: Waya
