His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum met with PayPal’s President of Global Markets, Dan Schulman, to congratulate the company on the opening of its new regional hub in Dubai Internet City. This hub is expected to enhance PayPal’s operations in the Middle East, North Africa, and South Asia.

During the meeting, Sheikh Maktoum expressed his enthusiasm for PayPal’s commitment to the region and highlighted the importance of digital payment solutions in driving economic growth. He noted that Dubai aims to be a global leader in technology and innovation, creating a favorable environment for companies like PayPal to thrive.

Schulman acknowledged the support from the Dubai government and emphasized the significance of the new hub in expanding PayPal’s services. He stated that the hub will help the company better serve its customers in the region, reflecting the growing demand for digital financial services.