The Securities and Commodities Authority announced the approval of the Robo Advisor service, in a qualitative step that reflects the authority’s direction towards digital transformation and enhancing the efficiency of smart financial services, in line with global trends and the aspirations of local investors. This decision comes within the approved transfer commission projects, which aim to support the competitiveness of national financial markets, accelerate the adoption of digital solutions, and the effective contribution to achieving the targets of the “vision of the Emirates 2031” aimed at building a competitive and sustainable knowledge economy. Governor management activity allows the new organization to companies licensed by the authority to carry out the activity of the governor’s administration exclusively to provide the services of the automated advisor
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