Admirals Group AS announced that its subsidiary, Admirals MENA Limited in the United Arab Emirates, has requested the cancellation of its Financial Services Permission from the Financial Services Regulatory Authority.

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Meanwhile, Admirals is selling its Australian subsidiary as part of a plan to optimise its geographic focus. The company said it has entered into an agreement with an unrelated party for the sale. The Australian entity is a wholly owned subsidiary of Admirals Group AS, the Estonian parent company that oversees several entities operating under the Admirals brand.

Admirals Cancels UAE License

The FSP covered the regulated activity of Dealing in Investments as Principal. The FSRA approved the cancellation, effective 4 November 2025. Admirals said the cancellation is part of its broader effort to focus resources on regions with higher growth potential.

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In 2023, the company also announced plans to merge with its Estonian subsidiary, Admirals Markets AS, and to withdraw that entity’s investment company license as part of the merger.