Marex Expands Dubai Desk With Senior Energy Hire Yassine El-Khati

British brokerage Marex has expanded its presence in the United Arab Emirates with the appointment of senior energy trader Yassine El-Khati to its recently established Dubai office. The move comes as London-based financial institutions increasingly shift talent to the Middle East to capitalize on regional market volatility and growing commodity trade volumes. Strategic Hire in Energy Trading El-Khati joins Marex from a background in European gas and power trading, having previously held positions at firms including Engie and Vitol. His recruitment follows the opening of Marex’s Dubai office earlier this year, which serves as a central hub for the firm’s activities in the Middle East and North Africa. The firm has been aggressively hiring to support its expansion into energy, metals, and agricultural products within the DIFC and DMCC zones. The Dubai office operates as part of Marex’s global network, which includes major hubs in London, New York, and Singapore. The brokerage reported a 75% increase in net income for the first half of 2023, driven largely by its energy and commodities segments. By scaling its Dubai desk, Marex aims to provide 24-hour coverage for global energy…