Crypto.com announced the appointment of Mohammed Al Hakim as the president of UAE operations, marking an important milestone in the company's regional expansion.
New Appointment and Role of Mohammed Al Hakim
Mohammed Al Hakim will be the first Emirati and FCC representative to hold such a significant position within Crypto.com and the broader cryptocurrency industry. In his new role, he will oversee the company's operations in the UAE and lead growth initiatives across the GCC, collaborating with government bodies and blockchain initiatives.
Al Hakim's Experience and Achievements
Al Hakim brings over 10 years of experience in business development, partnerships, and financial innovation. He has been instrumental in securing over $800 million in foreign investments for Dubai and raising millions in sponsorships for UAE government projects. Previously, he served as a Director for Corporate Management and Loyalty Programs at the UAE’s Ministry of Human Resources and Emiratisation.
Crypto.com Regional Initiatives
The UAE continues to solidify its position as a leading global hub for digital assets. Recently, Crypto.com acquired Orion Principals Limited in Abu Dhabi and launched an AED Wallet for UAE users. The company also partnered with Mastercard to offer a prepaid debit card to GCC users.
The appointment of Mohammed Al Hakim marks a significant step in Crypto.com's efforts for expansion and development in the region, highlighting the company's commitment to innovation and digital transformation in the UAE and GCC.