Ant International Opens First Middle East Office in Saudi Arabia in Drive to Expand Regional Partnership
Ant International, a leading global digital payment, digitisation and financial technology provider, has opened a new office location in the central business district of Al-Olaya, Riyadh, Kingdom of Saudi Arabia (KSA), following its successful technical certification as a Payment Technical Service Provider (PTSP) from Saudi Central Bank (SAMA).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250212524846/en/
Leiming Chen, Senior Vice President and Chief Sustainability Officer of Ant International, and Gary Liu, General Manager of Antom, led the opening ceremony in Riyadh, KSA (Photo: Business Wire)
With the new office launch, Ant International will work more closely with local partners in the payment ecosystem to provide innovative payment solutions and inclusive financial services to local acquirers and merchants, especially SMEs doing business in KSA to empower their sustainable growth. This move also positions Riyadh as a hub for international businesses looking to initiate operations in Saudi Arabia, further enhancing its role as a key player in the global business landscape.
Antom is one of Ant International’s business pillars, a unified digital payment solution for merchants. Antom will start operation in the local market later this year, enabling e-commerce acquirers and local merchants to achieve new growth, while aligning with the economic priorities which SAMA has laid out for the Kingdom.
Leiming Chen, Senior Vice President and Chief Sustainability Officer of Ant International, said: “The opening of our Riyadh office represents a significant milestone for Ant International in the Middle East, and strong commitment from Ant International to contribute to the economic growth of the Kingdom of Saudi Arabia – with the creation of local fintech jobs, inclusion initiatives and a boost to digital transformation in the region.
“Under the continued support and guidance of SAMA and the Ministry of Investment (MISA), we’ve taken our first steps to support businesses of all sizes across the Kingdom of Saudi Arabia by offering digital inclusion, and we plan to bring Ant International’s innovative business pillars to the Kingdom in time. We greatly value the strong, dynamic payment market in Saudi Arabia, which has been shaped by SAMA’s progressive policies and the Kingdom’s vibrant economy, providing a great environment for innovation and sustainable growth.”
Antom has established local acquiring capabilities across more than 40 markets. It enables merchants to seamlessly integrate with hundreds of payment methods – including credit and debit cards, online banking and digital wallets – and facilitates transactions in over 100 currencies. It also customises payment solutions to meet the distinct needs of various industries.
In the future, Antom payment services, including its advanced payment gateway solution, will support local businesses operating in the Kingdom of Saudi Arabia via innovative technologies. It seeks to enhance merchants’ operations through AI-routed payment orchestration, LLM-powered merchant services and advanced security measures. These solutions aim to reduce costs, improve efficiency and transaction security, and streamline foreign exchange risk management. Additionally, companies will be able to refine customer targeting by utilising Antom’s digital marketing tools and privacy-computing solutions.
“Ant International’s entry into KSA with Antom payment services aligns closely with the priorities of SAMA, providing stability and consumer protection, supporting KSA consumers to buy safely and conveniently through digital payment methods, and growing KSA’s fintech sector through the creation of local jobs and talent inclusion programs,” said Mr. Chen.
About Ant International
Headquartered in Singapore, Ant International powers the future of global commerce with digital innovation for everyone and every business to thrive. In close collaboration with partners, we support merchants of all sizes worldwide to realize their growth aspirations through a comprehensive range of tech-driven digital payment and financial services solutions.
About Antom
Ant International’s Antom is the leading payment and digitisation services provider for merchants around the world. It offers one-stop, vertical-specific digital payment solutions to meet the payment needs of merchants of all sizes. Antom has established local acquiring capabilities in over 40 markets, with the flexibility to accept payments in more than 100 currencies. It also provides digital marketing solutions and merchant digitisation services to help merchants in digital operations and to better engage with their customers. To learn more, please visit https://www.antom.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250212524846/en/
Contacts
Contact details for Ant International
Joshua Way
Joshua.way@antgroup.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
www.businesswire.com
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Armis to Protect Cyber-Physical Systems with NVIDIA Cybersecurity AI12.2.2025 18:00:00 EET | Press release
Armis, the cyber exposure management & security company, today announced that its Armis Centrix™ platform will be enabled by NVIDIA BlueField-3 data processing units (DPUs) and, in the future, the NVIDIA Morpheus cybersecurity AI framework to comprehensively protect critical infrastructure while maintaining operational continuity. These integrations provide a secure, isolated environment for critical infrastructure sectors without impacting performance or operations. Armis Centrix™, Armis’ cyber exposure management platform, with NVIDIA BlueField-3 DPUs enables customers to safeguard critical OT systems at both the host and network level. “From the convergence of IT and OT environments to sophisticated cyber threats targeting cyber-physical systems, organizations face growing challenges in securing attack surfaces and managing their cyber risk exposure,” said Nadir Izrael, CTO and Co-Founder at Armis. “This integration with NVIDIA technologies extends the reach of Armis’ comprehensive,
MAG Participates in Blackburn Dubai Property Expo, Highlights Premium Development to British Buyers12.2.2025 16:51:00 EET | Press release
MAG, one of the UAE’s leading real estate developers, is set to participate in the Blackburn Dubai Property Expo, taking place on 22-23 February at Stanley House Hotel & Spa, UK. The developer will showcase its flagship project, The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort, presenting a unique opportunity for an unparalleled lifestyle with unmatched service and amenities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250212516764/en/ The Ritz-Carlton Residences, Dubai, Creekside at the Keturah Resort (Photo: AETOSWire) Dubai's real estate sector continues to see strong growth, driven by HNWIs seeking luxury developments. With nearly 740 branded residences globally and that figure expected to double by 2031, Dubai is a key player, with 140 projects in the pipeline. In H1 2024, branded residences made up 7.2% of all property transactions, generating $7.8 billion—12.6% of last year’s total transact
Inaugural SFA International Sporting Events concludes, with more than 35,000 SFA Expo visitors and over 40,000 Riyadh Marathon participants12.2.2025 16:39:00 EET | Press release
The Saudi Sports for All Federation (SFA) is celebrating the success of the inaugural 2025 SFA International Sporting Events, which combined the SFA Expo and the Riyadh Marathon. Held from February 5-7, 2025, the SFA Expo took place at the JAX District, while the Riyadh Marathon followed on February 8, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250212912259/en/ Inaugural SFA International Sporting Events concludes, with more than 35,000 SFA Expo visitors and over 40,000 Riyadh Marathon participants (Photo: AETOSWire) The SFA Expo attracted 35,359 visitors, with interactive sports zones, fitness classes, health exhibits, and engaging panel discussions, and a B2B lounge for industry professionals. The Primal Race functional fitness competition on February 7 was another major attraction. The 2025 Riyadh Marathon saw 40,494 participants from 131 countries, an impressive jump from 20,000 runners in 2024. It was organize
MMS Acquires Exploristics and KerusCloud Simulation Platform to Expand Biostatistics and Data Science Capabilities as a Global Data-Focused CRO12.2.2025 16:01:00 EET | Press release
MMS, an award-winning, data-focused clinical research organization (CRO), announced today its acquisition of Exploristics, a leading biostatistics and data science company based in Belfast, Northern Ireland. The acquisition will add the company’s flagship product, KerusCloud®, a state-of-the-art, cloud-based statistical modeling and simulation platform to MMS’ data-driven approach towards efficient drug development. With a history of strong organic growth, the acquisition of Exploristics positions MMS to enhance its global footprint and capabilities in advanced clinical trial design, innovative statistics, and data science. Building on its excellent track record in regulatory and end-game submissions, this acquisition now solidifies MMS as the leader in biometrics and development strategy solutions for biotechnology and pharmaceutical sponsors of all sizes. “We are proud to bring the Exploristics team into the #OneMMS family,” said Dr. Uma Sharma, CEO, MMS. “When exploring acquisition
Tacton Strengthens Leadership Team with Strategic Hires to Accelerate Global Expansion12.2.2025 16:00:00 EET | Press release
Tacton, a global leader in Configure, Price, Quote (CPQ) software and leading SaaS platform simplifying sales and configuration processes for manufacturers of complex products, today announced the addition of four new executives to its leadership team. These strategic hires are poised to accelerate Tacton’s global growth, strengthen its position as a global CPQ software leader in the manufacturing space, and to continue driving tremendous innovation and value to its customers and partners. With groundbreaking technology, Tacton equips manufacturers to address complex demands, drive efficiency gains, and streamline sales processes across the manufacturing ecosystem. Recognized as a leader for the third consecutive time in the 2025 Gartner® Magic Quadrant™ for Configure, Price, Quote Applications, Tacton is increasingly becoming the trusted partner for manufacturers driving sustainability, buyer centric solutions, and sales transformation and growth. Tacton’s CPQ solutions have delivered
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom