14.10.2024
Mirjan Hipolito
Cryptocurrency and stock expert
14.10.2024

AvaTrade and the UAE Pro League have extended their partnership for the 2024/25 season

AvaTrade and the UAE Pro League have extended their partnership for the 2024/25 season AvaTrade and the UAE Pro League have extended their partnership for the 2024/25 season

Confirming their longstanding partnership, the online trading broker AvaTrade and the UAE Pro League have officially extended their sponsorship agreement for the 2024/25 season. The renewed deal strengthens AvaTrade’s role as a major partner in the UAE’s top football league and aligns with the league’s broader strategic plan for 2020-2030. This collaboration underscores AvaTrade’s commitment to promoting both sports and financial investment growth in the UAE.

The extended partnership aims to enhance the UAE Pro League by improving the overall football experience for fans, players, and local businesses, as well as by creating new investment opportunities. AvaTrade’s presence in the UAE exemplifies the growing synergy between online trading and professional sports, reflecting a global trend in which financial institutions often collaborate with sports leagues. Together, AvaTrade and the UAE Pro League seek to raise awareness of online trading and promote safe investment practices within the region’s football community.

AvaTrade’s sponsorship also supports the UAE Pro League’s broader mission to strengthen relationships with advertisers and corporate partners to further develop the UAE’s sports ecosystem. Through this partnership, AvaTrade aims to engage both football fans and potential investors, playing a key role in expanding the reach of professional football in the UAE, according to WikiFX.

Although football remains a primary focus, AvaTrade’s involvement in sports sponsorship goes well beyond. In September 2023, AvaTrade renewed its partnership with the Aston Martin Aramco Cognizant Team in Formula One, reinforcing the broker’s commitment to global sports marketing. These sponsorships allow AvaTrade to showcase its advanced trading technology and strengthen its regulatory presence across multiple markets, reaching audiences in Europe, Australia, Japan, and the Middle East.

In addition to its connections in the UAE, AvaTrade is actively expanding its global presence. Recently, the company received authorization from the Financial Superintendence of Colombia (SFC), enabling it to offer trading services in Colombia. This move marked an important milestone in AvaTrade’s expansion in Latin America, demonstrating its commitment to serving new markets while adhering to regulatory standards.

Daire Ferguson, CEO of AvaTrade, emphasized that entering the Colombian market aligns with the broker’s broader global growth objectives. AvaTrade’s expansion into Latin America reflects the company’s dedication to broadening its regulatory reach and ensuring reliable trading opportunities for investors in this emerging region.

Read also: EBC Financial Group expands its services with the acquisition of an AFSL license

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