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Cryptocurrency News Articles
ACET (ACT) Expands Its Global Footprint with a Strategic Partnership with Saif Belhasa Holding (SBH)
Feb 27, 2025 at 04:01 pm
ACET (ACT), a leading global blockchain-driven digital asset, has signed a significant Memorandum of Understanding (MoU) with Saif Belhasa Holding (SBH)
Announcing a groundbreaking partnership, premier cryptocurrency ACET (ACT) is joining forces with Saif Belhasa Holding (SBH), one of the most influential business conglomerates in the Middle East and UAE.
This collaboration marks a new era for both companies, bringing ACET (ACT) into a diverse range of sectors, including real estate, automotive, retail, hospitality, and finance. SBH, a powerhouse valued at over $5 billion, is the parent company to over 50 subsidiaries across various industries.
The partnership will see SBH integrate ACET (ACT) into its financial operations over a three-year period.
"This partnership with SBH is a testament to the rapid integration of cryptocurrencies into the global financial landscape," said Acme Worawat, founder of ACET (ACT).
“As we bring ACET (ACT) into SBH’s vast network, we're taking a giant step toward mainstream crypto adoption. The Middle East is poised to become a hub for blockchain-powered financial solutions, and this partnership positions ACET (ACT) at the forefront of that transformation.”
SBH is a diverse conglomerate with a valuation of over $5 billion and a portfolio of over 50 subsidiaries across key industries, including real estate, automotive, retail, hospitality, and finance.
SBH is known for its luxurious lifestyle brand, Belhasa Drive, which showcases a collection of limited-edition hypercars, private jets, yachts, and other high-end vehicles and artifacts. The holding company also has a strong presence in the food and beverage industry with brands like Catane, La Bottega, and Sanavita.
SBH is also actively involved in supporting various charitable causes through the Dr. Saif Belhasa Foundation, which aims to improve the lives of people in need around the world.
“This partnership with ACET (ACT) is a bold step forward into blockchain finance,” said Dr Saif Ahmad Belhasa, chairman and founder of SBH.
“We are excited to integrate this cutting-edge digital asset into our business operations, positioning SBH as a leader in digital payments and contributing to the growth of the UAE's blockchain ecosystem.”
This partnership is a testament to the increasing adoption of cryptocurrencies in the Middle East.
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