WiHUB Successfully Concludes GITEX "Partnering with Global Tech Companies... Accelerating Overseas Expansion"

Payment solution specialist WeHub announced on the 22nd that it successfully concluded GITEX GLOBAL 2024, one of the world's largest IT exhibitions. During the event, the company discussed collaboration plans with tech firms from various regions including the Middle East, Africa, and South Asia, laying the groundwork for overseas market expansion.

GITEX GLOBAL was held in Dubai from the 14th to the 18th of this month. WeHub partnered with over 80 companies, including major global banks, telecommunications companies, and payment processing firms. According to the company, some of these payment processing firms are positively considering integrating WeHub's solutions.

A WeHub representative stated, “We discussed potential collaboration opportunities with the largest banks in the Middle East region as well as Dubai government agencies,” adding, “We are continuing communication for more concrete cooperation.”

Additionally, the company reported receiving direct investment proposals from a major investment firm based in the Gulf Cooperation Council (GCC). Negotiations are underway regarding the terms of the investment to strengthen their presence and entry into the Middle Eastern market.

The company emphasized, “Entering the B2G (business-to-government) sector will enable us to secure high trust and competitiveness in the Middle Eastern financial market,” and added, “Through the European subsidiary currently being established in Germany, we aim to achieve successful business expansion across global regions.”