Octopus Digital expands to UAE with a new subsidiary

MG News | September 14, 2023 at 10:10 AM GMT+05:00

0:00

September 14, 2023 (MLN): Octopus Digital Limited (OCTOPUS) has incorporated a new wholly-owned subsidiary in the United Arab Emirates with the name “Octopus Digital FZ-LLC”, as revealed in the company's filing on PSX today.

The subsidiary is incorporated as a Free Zone Limited Liability Company (LLC) under the Dubai Development Authority with commercial license number 103074 with a business unit in Dubai Internet City.

UAE's thriving business environment and strategic location make it an ideal hub for Octopus Digital FZ-LLC to further enhance its global presence and deliver unparalleled value to its customers.

The decision to establish a subsidiary in the UAE aligns with Octopus Digital’s core values of innovation, customer-centricity, growth plan, and global expansion.

By expanding its presence in this market, OCTOPUS aims to better serve the needs of its customers in the region and strengthen its position as a leading player in Industry 4.0 solutions.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,953.47 555.47M	1.14% 1775.65
ALLSHR	96,741.22 1,957.60M	1.16% 1110.83
KSE30	48,198.94 249.79M	1.09% 520.47
KMI30	232,694.17 290.89M	1.31% 3011.94
KMIALLSHR	65,027.13 1,019.78M	1.03% 660.37
BKTi	42,489.56 84.10M	1.35% 566.75
OGTi	31,779.36 15.21M	0.14% 43.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,565.00	118,295.00 116,115.00	1740.00 1.50%
BRENT CRUDE	67.92	68.16 67.34	-0.03 -0.04%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.50	94.50 94.50	0.95 1.02%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.69	63.91 63.11	-0.01 -0.02%
SUGAR #11 WORLD	16.13	16.27 16.13	-0.14 -0.86%