Visa International, the global e-payment company, has announced that Sweden and Sweden, the global real estate developer, will build its new headquarters in Dubai, to operate in Central and Eastern Europe, the Middle East and Africa.

The move will increase Visa's capacity to accommodate more than 500 employees and further develop and expand its capabilities in 96 countries across Central, Eastern Europe, the Middle East and Africa through its new headquarters in Dubai.

According to the statement, the company's new building is ideally located in the heart of Dubai's vibrant business: Dubai Internet City and Dubai Media City. That will bring about a change in the way the business, and the interaction within the company's new headquarters is expected to be completed in June 2021.

“This move is not only an investment in Dubai, but also in Central and Eastern Europe, the Middle East and Africa, which is an incubator for rapidly growing markets for business,” said Andrew Toure, CEO of Visa in the CEE region. (Visa)".

“Dubai is a city of technical intelligence and innovation and embodies the spirit and future of Visa in Central and Eastern Europe, the Middle East and Africa as a whole, making it the ideal hub for our business.”