Ripple Opens New Middle East & Africa HQ Despite US-Israel-Iran Conflict
Tech Ripple Opens New Middle East & Africa HQ Despite US-Israel-Iran Conflict Despite recent escalations in geopolitical tensions between the United States, Israel and Iran, Ripple has recently announced a major expansion in the region. The company just inaugurated a new Middle East and Africa regional office in Dubai International Financial Centre (DIFC). Ripple Inaugurates New HQ Office In The Middle East The headquarter office expands Ripples presence in the Middle East with room for the company to double its headcount. For context, Ripple set up its first offices in Dubai in 2020. It initiated the latest move to leverage the surge in regulated blockchain-based payments and custody in the region. Ripple‘s Regional Managing Director, Reece Merrick, said, “In recent years the Middle East has become an increasingly vital driver of Ripple’s global growth. Our new regional headquarters is a reflection of our ongoing commitment to playing our part in the regions upward trajectory.” He continued, “From our earliest days in the UAE, we have seen first-hand the appetite from local businesses for regulated, blockchain-powered payment infrastructure, an appetite that is only growing. A larger team, based here in Dubai, will enable us to go further in supporting our clients and partners across the region and