MONEY MANAGER

PayPal sets up regional HQ in Dubai to serve Mideast, Africa

PayPal’s Suzan Kareere said the UAE hub would improve service with frictionless payments, better security and greater network access

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UAE Finance Minister Sheikh Maktoum bin Mohammed, the Deputy Ruler of Dubai, meets with PayPal’s President of Global Markets Suzan Kareere

PayPal is planning to run its digital commerce operations for 80 countries in the Middle East and Africa out of a new regional headquarters in Dubai.

Speaking at the Dubai AI Festival on Wednesday, PayPal’s President of Global...