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

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 Markets Suzan Kareere said the UAE hub would help customers with new features, including frictionless payments, more robust security and better network access to help companies sell across international borders.

“We want to empower businesses in this region to connect with our global consumers, while enabling consumers here to shop with confidence internationally,” she said.

Sheikh Maktoum bin Mohammed, the UAE’s Minister of Finance and Deputy Ruler of Dubai, discussed PayPal’s plans with Kareere, posting a photo of their meeting on Instagram.