VISA Opens New Office In Qatar

Doha, Qatar: American multinational financial company VISA has expanded its presence in the GCC market by inaugurating a new office yesterday in Tornado Tower, West Bay, Doha. The newly established office exemplifies the strong presence in the country, said officials during the inaugural ceremony.

The event was attended by Sheikh Ahmed bin Khaled Al Thani, Assistant Governor, Financial Instruments and Payment Systems at Qatar Central Bank, Natalie Baker, Chargé d'Affaires at the US Embassy in Qatar, Dr. Saeeda Jaffar, Senior Vice President and Group Country Manager for Visa and GCC, and Shashank Singh, Visa's VP and GM for Qatar and Kuwait along with other officials.

Dr. Jaffar praised the vital partnership between the firm and Qatar. She said,“Our partnership with the country has been in many years as we have been on the ground for several years but it's wonderful that we are today able to establish a very firm presence.”

Sheikh Ahmed praised the efforts the fintech corporation implements by offering distinctive benefits for the customers.

He said:“We are delighted to see VISA increase its presence in Qatar and open a new office in Doha. We have a shared mission of extending the benefit of the digital economy to the customers and businesses in Qatar and we look forward to further extending our relationship and exploring new possibilities in the coming years.”

From her part, Natalie Baker said that“Today's inauguration is a testament to VISA's progress here and an important milestone for its team in Qatar and for us at the US embassy.”

“Accepted worldwide and one of the globally recognised brands, VISA conveys the trustworthiness of the US industry that US businesses are known for,” she added.

Speaking to The Peninsula on the sidelines of the event, Baker said“The partnership between VISA and Qatar is long-standing. VISA has been here for over 15 years and was the partner for payment systems and solutions during the 2022 FIFA World Cup so the US government is very excited about the VISA opening at the VISA office here in Doha and we hope to continue to support this partnership and expand in Qatar but also throughout the GCC.”

She also highlighted that the US embassy and regime have been supporting the firm since its operations in Qatar adding that“We look forward to continuing to support its expansion as they develop new technology which is to make payments even easier.”

During the event, Shashank Singh enlightened the participants by presenting an overview of the company's resilient progress and contribution towards Qatar's thriving economy and GDP growth.

“With the recent increase and the growth of digital payments in the country, we believe that our plans with stakeholders and partners are critical to have on ground support so what we have done is bringing the specialists globally to the office in Qatar so that the stakeholders can be addressed without any delays and this is as part of the growth in the market,” Singh told The Peninsula.

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