Sahm, a fintech-driven investment services provider under Hong Kong-based Valuable Capital Group Limited (VCGL), has been granted a license by the Dubai Financial Services Authority (DFSA) for its UAE entity, Sahm Financial Limited.

The approval allows the firm to establish regulated operations within the Dubai International Financial Centre (DIFC).

Under the license, Sahm Financial Limited may advise on financial products, arrange investment deals, and act as an agent in investment transactions.

It may also serve retail clients and hold or control client assets, in line with DFSA requirements on investor protection and market integrity.

“We are honoured to receive this DFSA license and to deepen our commitment to the UAE market,”

said Steven Chou, Chairman of Sahm Financial Limited (DIFC) and Sahm Capital (KSA), and Chief Strategy Officer at Valuable Capital Group.

“Dubai has established itself as one of the world’s most vibrant and dynamic financial hubs, home to a well-educated, tech-savvy, and sophisticated investor community with a strong appetite for innovative and globally accessible investment solutions.”

Sahm entered the UAE after establishing operations in Saudi Arabia, where the Saudi Capital Market Authority (CMA) licensed its entity in 2024.

The Group operates the Sahm App, which enables users to trade Saudi and US markets. It reports that the platform has surpassed one million users in Saudi Arabia.

With regulatory approvals in both Saudi Arabia and the UAE, Sahm aims to serve investors across the Gulf Cooperation Council (GCC).

The Group said it remains focused on compliance, product development, and service delivery across its regulated markets.

Sahm also stated its intention to support the development of the region’s financial sector by expanding access to investment tools and market opportunities while operating within applicable regulatory frameworks.

Featured image credit: DIFC