DUBAI, United Arab Emirates--(BUSINESS WIRE)--Feb 25, 2025--
MultiBank Group, the world’s largest financial derivatives institution headquartered in Dubai, has been awarded the title of ‘Best Prime Trading Broker’ at the Smart Vision Summit Oman 2025, held from February 12-13 in Muscat.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250225414631/en/
The Summit, a distinguished international forum, gathers trailblazers in technology and seasoned experts to discuss the latest trends in investment and fintech. Receiving this accolade at the event highlights MultiBank Group’s focus on delivering superior brokerage services and trading solutions to its global clientele.
Naser Taher, Founder and Chairman of MultiBank Group, said: “Being named ‘Best Prime Trading Broker’ at the Smart Vision Summit Oman 2025 marks a pivotal moment for us. It acknowledges our drive to offer unparalleled liquidity, cutting-edge trading infrastructure, and bespoke services for institutional and individual investors. Our continuous pursuit of innovation and operational excellence remains our top priority.”
The prestigious recognition cements MultiBank Group’s leadership in the sector and underscores its agile approach to navigating the evolving demands of global markets.
Its innovative platform offers users competitive pricing along with access to over 20,000 financial instruments, including forex, metals, commodities, indices, shares, and digital assets. Supported by state-of-the-art technology and multi-jurisdictional regulation, the Group delivers a secure, transparent, and efficient market experience.
Since its establishment in 2005, MultiBank Group has grown to serve over 2 million clients across 100 countries, with a daily trading volume surpassing $25.6 billion. With a presence in key global financial hubs and a portfolio of more than 70 industry awards, the Group continues to reinforce its position as a trusted leader in derivatives.
ABOUT MULTIBANK GROUP
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives, serving over 2 million clients across 100 countries, and boasts a daily trading volume that exceeds $25.6 billion. Renowned for its innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group offers an array of brokerage services and asset management solutions. It is regulated across five continents by 17+ of the most reputable financial authorities globally. The group’s award-winning trading platforms offer up to 500:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 70 financial awards recognizing its trading excellence and regulatory compliance. For more information, visit MultiBank Group’s website.
MultiBank Group Recognized as Best Prime Trading Broker 2025 at Smart Vision Summit Oman! (Graphic: Business Wire)
KYIV, Ukraine (AP) — Russian drones blasted apartment buildings and the power grid in the southern Ukraine city of Odesa in an overnight attack that injured six people, including a toddler and two other children, officials said Wednesday.
Four apartment buildings were damaged in the bombardment, according to regional military administration head Oleh Kiper. Power company DTEK said two of its energy facilities suffered significant damage. The company said that 10 substations that distribute electricity in the Odesa region were damaged in December alone.
Russia has this year escalated its long-range attacks on urban areas of Ukraine. In recent months, as Russia’s invasion of its neighbor approaches its four-year milestone in February, it has also intensified its targeting of energy infrastructure, seeking to deny Ukrainians heat and running water in the bitter winter months.
From January to November this year, more than 2,300 Ukrainian civilians were killed and more than 11,000 were injured, the United Nations said earlier this month. That was 26% higher than in the same period in 2024 and 70% higher than in 2023, it said.
Russia’s sustained drone and missile attacks have taken place against backdrop of renewed diplomatic efforts to stop the fighting.
U.S. President Donald Trump hosted Ukrainian President Volodymyr Zelenskyy at his Florida resort on Sunday and announced that a settlement is “closer than ever before." The Ukrainian leader is due to hold talks next week with the heads of European governments supporting his efforts to secure acceptable terms.
The ongoing attacks, meantime, are inflaming tensions.
The overnight Odesa strikes “are further evidence of the enemy’s terror tactics, which deliberately target civilian infrastructure,” Kiper, the regional head, said.
Moscow has alleged that Ukraine attempted to attack Russian President Vladimir Putin’s residence in northwestern Russia with 91 long-range drones late Sunday and early Monday. Ukrainian officials deny the claim and say it’s a ruse to derail progress in the peace negotiations.
Maj. Gen. Alexander Romanenkov of the Russian air force claimed Wednesday that the drones took off from Ukraine’s Sumy and Chernihiv regions.
At a briefing where no questions were allowed, he presented a map showing the drone flight routes before they were downed by Russian air defenses over the Bryansk, Tver, Smolensk and Novgorod regions.
It was not possible to independently verify the reports.
The European Union’s foreign policy chief, Kaja Kallas, on Wednesday called the Russian allegations “a deliberate distraction” from the peace talks.
“No one should accept unfounded claims from the aggressor who has indiscriminately targeted Ukraine’s infrastructure and civilians since the start of the war,” Kallas posted on X.
Zelenskyy said Wednesday that Romania and Croatia are the latest countries to join a fund that buys weapons for Ukraine from the United States. The financial arrangement, known as the Prioritized Ukraine Requirements List, or PURL, pools contributions from NATO members, except the United States, to purchase American weapons, munitions and equipment.
Since it was established in August, 24 countries are now contributing to the fund, according to Zelenskyy. The fund has so far received $4.3 billion, with almost $1.5 billion coming in December alone, he said on social media.
Ukraine’s air force said Wednesday that Russia fired 127 drones at the country during the night, with 101 of them intercepted by air defenses.
Meanwhile, the Russian Defense Ministry said that 86 Ukrainian drones were shot down overnight over Russian regions, the Black Sea and the illegally annexed Crimea peninsula.
The Ukrainian attack started a fire at an oil refinery in Russia's southern Krasnodar region, but it was quickly put out, local authorities said.
This story has corrected the day of the alleged Ukrainian drone attack on the Russian president’s residence to late Sunday and early Monday.
Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine
In this photo provided by the Ukrainian Emergency Service, emergency services personnel work to extinguish a fire following a Russian attack in Odesa, Ukraine, Wednesday, Dec. 31, 2025. (Ukrainian Emergency Service via AP)
In this image made from video provided by the Russian Defense Ministry Press Service on Tuesday, Dec. 30, 2025, a Russian Army soldier fires from D-30 howitzer towards Ukrainian positions in an undisclosed location in Ukraine. (Russian Defense Ministry Press Service via AP)
