UAE Emirates Zone Investment Services has collaborated with Binance Pay to accept cryptocurrency payments from the UAE startup community, small and medium-sized businesses (SMBs), Investors, and Entrepreneurs planning to establish firms in the region.
Emirates Zone offers business setup and formation services to foreign and domestic investors. UAE is one of the world’s largest crypto markets. Emirates Zone Group, based in Abu Dhabi, strives to facilitate the adoption of digital currencies throughout the region.
Regarding the agreement, Emirates Zone Company’s chief executive officer Sanad Al-Meqbali commented, Emirates Zone Company provides foreign investors and small and medium-sized businesses with the solutions and facilities required to start their projects with confidence, comfort, and simplicity. In an effort to connect into the UAE’s growing startup culture, accepting bitcoin payments will expand chances for worldwide enterprises.
Executive Director of Business Development and Strategic Partnerships at Binance, Nadeem Ladki, remarked Emirates Zone’s decision to accept cryptocurrency payments through Binance Pay illustrates its forward-thinking outlook and attitude to the industry’s future. The benefits of utilizing Binance Pay will be an enormous appeal for the local and worldwide startup business community, as well as enterprises seeking to establish themselves in the UAE.