Dubai – Mubasher: The world’s leading digital payment provider Visa has hired the international real estate developer Sweid & Sweid to set up its new Dubai headquarters for the Central and Eastern Europe, Middle East and Africa (CEMEA) region.

Scheduled for completion in June 2021, the new headquarters will expand Visa’s capacity to more than 500 employees and help the digital payment provider strengthen its capabilities across the 96 countries under the Dubai-based management for the CEMEA region, according to a statement on Monday.  

“This is not only an investment in Dubai but in the Central and Eastern Europe, Middle East and Africa (CEMEA) region, which is a rapidly-growing market for Visa,” the company’s regional president for the CEMEA region, Andrew Torre, noted.

Spanning over 100,000 square feet at the heart of Dubai Internet City and Dubai Media City, members of TECOM Group, the new Visa headquarters will include an innovation hub, integrated lobby areas, collaborative office spaces, and outdoor terraces.

Since its establishment in 2006, Sweid & Sweid has “delivered the highest quality projects for our multinational tenants, and look forward to contributing to the development of Dubai’s economy by facilitating the growth of leading technology companies such as Visa and creating jobs for the next generation,” the company’s managing partner, Maher Sweid, highlighted.

“Visa CEMEA’s new headquarters is a welcome addition to [TECOM Group’s] dynamic communities that promote innovation and are currently home to more than 5,600 business partners from around the globe,” TECOM Group’s chief commercial officer, Abdulla Belhoul, remarked.