Money and business

Dubai continues to enhance its position as a global center for digital economy

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance, met in the office of His Highness, Eric Anzani, President and CEO of Operations at the International company “Cribo.com”, specialized in digital asset services and financial technologies.

The meeting dealt with ways to enhance cooperation in the fields of digital economics, blockchain technology and the circulation of encrypted assets, in light of the growing role of the Emirate of Dubai a world center leading to financial innovation and digital transformation, and within the framework of Dubai’s vision to be a global capital of the digital economy according to the targets of its economic agenda.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed that Dubai continues to enhance its position as a global center for the digital economy, by developing an advanced organizational environment that supports innovation in the digital assets and blockchain technologies, to ensure the growth of business projects in this field.

His Highness also stressed Dubai’s keenness to accelerate digital transformation and adopt the latest financial technologies, in line with the targets of Dubai Economic Agenda D33, aimed at generating a new economic value at an average of 100 billion dirhams annually from the digital transformation towards the new economy.

For his part, Eric Anziani expressed his happiness at the meeting of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, praising the ambitious steps taken by Dubai to develop digital infrastructure and develop advanced organizational frameworks that stimulate innovation in the digital asset sector, stressing the commitment of “Crypto.com” to expand its business and enhance its partnerships in the UAE and the region.

The company “Crypto.com” is one of the most prominent digital asset trading companies in the world, and provides various services that include cryptocurrency trading, digital portfolios, and digital -backed payment cards, serves more than 80 million users around the world and enjoys an active presence in Dubai, and works within the regulatory frameworks of the Dubai Authority to regulate virtual assets.

The meeting was attended by Eng. Sultan bin Saeed Al Mansouri, Chairman of the Board of Dubai Chambers, Abdullah Al -Basti, Secretary -General of the Executive Council of the Emirate of Dubai, and Hilal Saeed Al Murri, Director General of the Department of Economy and Tourism in Dubai.

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