Saudi JournalSaudi Journal
  • Home
  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Business

OQEP announces audited financial results for first half 2025

…

Business

Center3 and stc Bahrain announce strategic Gulf-to-Red Sea terrestrial interconnection

…

Prime Developments and Osoul for Tourism Development launch “CLAN” project in Hurghada

COMEX signs strategic MoU with Oman’s Unified Promotional Identity Office to fuse innovation with national identity

Facebook Twitter Instagram Pinterest
Latest posts:
  • OQEP announces audited financial results for first half 2025
  • Center3 and stc Bahrain announce strategic Gulf-to-Red Sea terrestrial interconnection
  • Prime Developments and Osoul for Tourism Development launch “CLAN” project in Hurghada
  • COMEX signs strategic MoU with Oman’s Unified Promotional Identity Office to fuse innovation with national identity
  • Ajman Bank partners with Expleo to establish a testing centre of excellence
  • Global Markets Stage at SBC Summit to Explore What’s Next for North America
  • Bain & Company releases brief on the future of financial planning
  • “Emirates Leisure Retail” signs first official agreement with “Saddle” to open a franchise at Dubai International (DXB)
Facebook Twitter Instagram Pinterest
Saudi JournalSaudi Journal
  • Home

    OQEP announces audited financial results for first half 2025

    Center3 and stc Bahrain announce strategic Gulf-to-Red Sea terrestrial interconnection

    Prime Developments and Osoul for Tourism Development launch “CLAN” project in Hurghada

    COMEX signs strategic MoU with Oman’s Unified Promotional Identity Office to fuse innovation with national identity

    Ajman Bank partners with Expleo to establish a testing centre of excellence

  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Saudi JournalSaudi Journal
Home » The Ministry of Investment of Saudi Arabia (MISA) Signs MoU with Ant International to Expand Business in Saudi Arabia, Supporting Regional Digital Innovation
Business

The Ministry of Investment of Saudi Arabia (MISA) Signs MoU with Ant International to Expand Business in Saudi Arabia, Supporting Regional Digital Innovation

Facebook Twitter Pinterest LinkedIn WhatsApp
Share
Facebook Twitter LinkedIn Pinterest WhatsApp

The Ministry of Investment of Saudi Arabia (MISA) has signed a Memorandum of Understanding (MoU) with Ant International, to facilitate the business expansion into the Kingdom.

Ant International’s President, Douglas Feagin, met with Mr. Eng Saleh Khabti, Deputy Minister of Investment of Saudi Arabia during a signing ceremony held in Riyadh, to welcome the new partnership and sign an agreement outlining shared goals for technological innovation and economic growth opportunities in Saudi Arabia.

Through this partnership, MISA welcomes and supports Ant International’s expansion plan to establish an entity in Saudi Arabia, enabling assistance when acquiring licences and certificates to expand and enhance its service offerings.

Ant International will use Saudi Arabia as a key gateway into the Middle East to further expand the reach of its payment and financial services. Local merchants of all sizes will benefit from riding the wave of digitalization to achieve further growth.

Mr. Eng Saleh Khabti, Deputy Minister for Investment at MISA said “we have worked closely with Ant International on its expansion into the Kingdom which will not only benefit thousands of merchants across the country but potentially hundreds of thousands of businesses right across the Middle East. We are seeing tremendous growth in digital payments in Saudi Arabia and we expect this trend to continue with Ant International’s expansion which will further boost the financial services sector in the Kingdom.”

Douglas Feagin, President of Ant International, said “we see an enormous opportunity for expansion in the Middle East and in particular Saudi Arabia, which has been supportive of technological innovations and digitalization, empowering its businesses to thrive.”

“Through our agreement with MISA, Ant International enters an exciting new chapter of opportunity within Saudi Arabia. We’re delighted to build upon our progress in the Middle East to support merchants’ access to our world class payment solutions and inclusive financial services, providing Saudi businesses with various tools to grow and benefit from international travel and trade.”

Ant International’s strategy is comprised of four services for global merchants: (i) Alipay+ cross-border mobile payment and digitalization technology solutions, (ii) Antom merchant payment services, (iii) WorldFirst digital payment and financial services for cross-border trade, and (iv) ANEXT Bank, a digital wholesale bank regulated by the Monetary Authority of Singapore, and other embedded financial services.

Share. Facebook Twitter Pinterest LinkedIn WhatsApp

Related Posts

Business

OQEP announces audited financial results for first half 2025

Business

Center3 and stc Bahrain announce strategic Gulf-to-Red Sea terrestrial interconnection

Business

Prime Developments and Osoul for Tourism Development launch “CLAN” project in Hurghada

Business

COMEX signs strategic MoU with Oman’s Unified Promotional Identity Office to fuse innovation with national identity

Business

Ajman Bank partners with Expleo to establish a testing centre of excellence

Business

Global Markets Stage at SBC Summit to Explore What’s Next for North America

Business

Bain & Company releases brief on the future of financial planning

Business

“Emirates Leisure Retail” signs first official agreement with “Saddle” to open a franchise at Dubai International (DXB)

Stay In Touch
  • Facebook
  • Twitter
Business

OQEP announces audited financial results for first half 2025

Muscat, Oman – Oman’s leading exploration and production company, OQ Exploration and Production SAOG (“OQEP” or…

Center3 and stc Bahrain announce strategic Gulf-to-Red Sea terrestrial interconnection

Prime Developments and Osoul for Tourism Development launch “CLAN” project in Hurghada

COMEX signs strategic MoU with Oman’s Unified Promotional Identity Office to fuse innovation with national identity

Ajman Bank partners with Expleo to establish a testing centre of excellence

OQEP announces audited financial results for first half 2025

Center3 and stc Bahrain announce strategic Gulf-to-Red Sea terrestrial interconnection

Prime Developments and Osoul for Tourism Development launch “CLAN” project in Hurghada

COMEX signs strategic MoU with Oman’s Unified Promotional Identity Office to fuse innovation with national identity

Ajman Bank partners with Expleo to establish a testing centre of excellence

Stay informed with Saudi Journal, your trusted source for comprehensive coverage of news, events, and insights from Saudi Arabia and beyond. Explore diverse perspectives, stay updated, and engage with the latest stories shaping our world. Experience news like never before with Saudi Journal.

Facebook Twitter
Categories
  • Business (429)
  • Life (124)
  • Saudi Arabia (80)
  • Technology (75)
  • Uncategorized (1)
  • World (56)
    • Africa (11)
    • Asia (25)
    • Europe (5)
    • US (3)
Our Picks
Business

Jetour Shines at 2023 Shanghai Auto Show with Its Latest Achievements, Kicking Off an Accelerated Pace for Its Overseas Expansion

Business

COMEX signs strategic MoU with Oman’s Unified Promotional Identity Office to fuse innovation with national identity

Business

Interview with Rasmus Sojmark, CEO & Founder, SBC

© 2025 Saudi Journal.
  • Home
  • Saudi Arabia
  • Business
  • Technology
  • Life
  • English
  • العربية

Type above and press Enter to search. Press Esc to cancel.