Hamdan bin Mohammed visits the new regional headquarters of Visa in Dubai Internet City

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, today visited the new regional headquarters of Visa, a leading global company in digital payments solutions, in Dubai Internet City, affiliated to "TECOM Group", which is dedicated to managing its operations in about 90 countries in the Central and Eastern regions. Europe, Middle East and Africa.

During the visit, His Highness was briefed on the services provided by Visa's new headquarters, which includes more than 500 employees, all of whom work with customers and partners in the region to develop and provide solutions for digital commerce and payment experiences, and enable new segments of users to enter the world of digital payments.

His Highness was accompanied during the visit by Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar bin Sultan Al Olama, Minister of State for Financial Affairs Muhammad bin Hadi Al Husseini, Director General of the Department of Economy and Tourism in Dubai Hilal Saeed Al Marri, and Vice Chairman of the Dubai Chamber of Digital Economy Ahmed Abdullah bin Byat Malik Al Malik, Director General of the Dubai Development Authority and CEO of TECOM Group.

During the visit, His Highness listened to Andrew Torey, the regional president of Visa for Central and Eastern Europe, the Middle East and Africa, to explain the latest developments in the world of digital payments and Visa's directions to enhance digital commerce in the country and the region as a whole.

On this occasion, Malek Al Malik said, "The vision of the wise leadership and its wise guidance has resulted in a competitive business environment that is unparalleled globally. This environment has attracted major international companies whose innovations have contributed to economic growth in the region and the enhancement of the digital transformation process," stressing that "financial technology and payment solutions Digital is among the most prominent sectors that have witnessed regional growth and expansion, starting with Dubai.”

Al Malik stressed that "Visa International's expansion of its presence in Dubai reaffirms the important opportunities still provided by the technology sector, particularly the financial technology field in the region as a whole, and we look forward to working closely with the company to consolidate its presence, develop its partnerships, and help it attract more talents to develop the best future solutions." and exported to the region as a whole.

On this occasion, Andrew Toure, Regional Head of Visa for Central and Eastern Europe, the Middle East and Africa, said: “The new headquarters of Visa is a milestone that consolidates our presence in the regions of Europe, the Middle East and Africa, which leads to the advancement of the digital economy and the development of innovative business solutions and reflects our vision for the future work environment. Collaboration, where employees, customers and partners can interact seamlessly.”

Toure added, "We were honored by the visit of His Highness, the Crown Prince of Dubai, and the opportunity for Visa to highlight its orientations towards strengthening government efforts aimed at enabling Dubai and the UAE to develop a more advanced and smart digital economy to serve customers, residents and tourists from around the world."

The financial technology and digital payments sectors are witnessing increasing growth, and they have become an essential element in enabling and developing various other sectors. Over the past two decades, Dubai Internet City, as the first and largest forum for companies and talents in the technology fields in the region, has contributed to the growth and expansion of the financial technology sector. As it attracted major international companies in this field, as well as incubating a group of the most prominent emerging companies in these fields.

Innovation Center

One of the highlights of the new headquarters is the advanced innovation center that occupies an area of ​​10,000 square feet and supports the company's commitment to participate in shaping the future of trade with partners and employees, through flexible and design thinking methodologies.

Features of the Innovation Center include immersive experience areas that allow for on-site project prototyping, such as the connected home, rapid transit services, the connected car, coding area, retail concepts, airline lounges and the micro-market.

The center includes a range of state-of-the-art technologies such as a hypermatrix wall, presentation centers and specially designed collaborative areas.

This new space also houses Visa's first campus in the region, which will host a series of training and educational programs for the company's employees, customers and partners, ensuring the preparation and qualification of a new generation of professionals in financial technology and digital payments technologies.

Dubai Internet city

Dubai Internet City, a subsidiary of TECOM Group, is the largest regional business park for technology companies and talents working in their fields in the region. Even the independent talents of developers, consultants and others, in one place, which contributed to the consolidation of the emirate's position as a first destination for talent and companies working on future solutions and promoting their growth and adoption rates.

The city continues to provide a stimulating business environment that encourages communication and exchange of experiences between major companies, start-ups and investors.

technology exports

The innovation centers in Dubai Internet City, including the innovation center of the international company "Visa", contribute to the development of specialized solutions in various fields of technology for the region, in addition to modifying and homogenizing global solutions to meet the needs of governments and companies in the region from Dubai. The technologies developed in these centers have contributed It has played an important role in digital transformation in many countries of the region, Africa, the Indian subcontinent, and even some Eastern European countries, among others.

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