CoinUnited has launched a regional headquarters in Dubai, expanding our presence in the Middle East, where the virtual asset ecosystem has been growing at an astonishing speed. CoinUnited's expansion into the Middle East is a significant milestone for the company, and it demonstrates our commitment to growth and expansion.
CoinUnited inaugurated an office in the UAE’s financial hub Dubai. In order to stay ahead in this fast-changing industry, We have added a workforce of 100 workers in the region and will be hiring another 200 more employees in the next 24 months. CoinUnited will offer a full suite of services in the Middle East and help promote the Web 3.0 economy in one of the wealthiest regions in the world. The expansion is a testament to our dedication to serving customers in the Middle East.
Dubai, a hub for international business and innovation, is the perfect location for CoinUnited's new headquarters. The city's proactive approach to fintech and its strong support for emerging technologies make it an ideal location for us to thrive.
Dubai has always been at the forefront of technological innovation and the growth of the crypto industry is a natural extension of this. Government officials are also supportive of virtual assets development in the region.
Helal Al Marri, Director General of Dubai Department of Economy and Tourism expressed that the UAE aspires to become a global hub for virtual assets and metaverse. Dr Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade also said that the virtual assets industry will stay and UAE aims to be the hub of the emerging industry. Mohammed Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development, said they are working with the government to create a framework for development of virtual assets in the UAE.
CoinUnited’s ambition is to promote blockchain technology, shape the future of digital assets and empower users amid this financial evolution. We will continue to create offices around the globe and strengthen the workforce in order to bring about a world class product to our users.
CoinUnited is excited to be a part of the thriving fintech ecosystem in Dubai and looks forward to contributing to the region's continued growth and success.