Not really sure what this article adds to online broker information except that only 15-20% of the transactions are done online in the UAE. I was surprised to read 50% in Saudi.
Currently I have found about 15 or so online brokerages operating in the UAE. Information will be on sharewadi.com soon (hopefully today or tomorrow) ...
 See UAE online brokers [/edit] for list
[source="Gulf News 14 June 2006"]Brokerage services poised to be fully online
Dubai: The continued rise in the volume of stock brokerage activities in the UAE will drive investors to move to the fully-online platform over time.
Currently, around 15-20 per cent of retail stock transactions are made online in the UAE.
"Online activity is still relatively small in the UAE. In Saudi Arabia, 50 per cent of retail brokerage takes place online, whereas in the US and other developed markets, over 80 per cent of retail operates online. As the market continues to grow, many of the financial activities are bound to become predominantly technology based," said Seif Fikry, Head of Brokerage at EFG-Hermes, which has recently rolled out online and call centre services for brokerage.
In 2005, the UAE had an average daily value traded of Dh1.69 billion, of which Dh1.35 billion was attributed to Dubai. The market continues to be dominated by retail investors, in contrast to the more developed markets, which are largely made up of institutional investors. "Retail investors are a fragmented group that requires different levels of flexibility to cater to. Offering online and call centre services enables our customers the convenience and ease of brokering their deals at any time from whichever location," said Fikry.
"The exchanges and the regulator are encouraging this type of technological advancement, and upon finalising our infrastructure, the time was right to introduce these value added services."[/source]