TPS Arabia, the Saudi arm of TPS Worldwide, has officially launched operations in the Kingdom of Saudi Arabia with the inauguration of its new office in Riyadh’s King Abdullah Financial District (KAFD). The opening ceremony was attended by H.E. Ahmad Farooq, Ambassador of Pakistan to Saudi Arabia, as the chief guest. The event marks a significant milestone in the company’s regional expansion and highlights its commitment to support the Kingdom’s evolving digital economy and financial services landscape.
Shahzad Shahid, Group CEO of TPS Worldwide, stated that TPS Arabia would enable the company to work even more closely with clients in Saudi Arabia. He emphasized that the company’s portfolio – which includes digital banking and payments platforms, technology consulting, AI-driven digital transformation, and managed services – is well-positioned to help institutions across the Kingdom innovate, scale, and deliver secure customer experiences aligned with Saudi Vision 2030. His remarks underscored TPS Arabia’s goal to blend local delivery capabilities with global expertise, making advanced financial technology accessible to both established institutions and emerging players in the Saudi market.
Ahson Saeed, Managing Director of TPS Arabia, added that the Riyadh office establishes a strong base to serve banks, fintechs, corporates, and government entities. He said that TPS Arabia aims to drive next-generation payments and AI-powered transformation for its clients across the Kingdom. From its new hub, TPS Arabia will provide a comprehensive suite of services including payment card processing, digital wallets, real-time payments, open banking, and payment orchestration. These offerings will be backed by on-the-ground delivery, implementation support, and managed services tailored to local needs, ensuring compliance and scalability in a fast-growing financial ecosystem.
Ambassador Ahmad Farooq congratulated TPS on the launch and highlighted that TPS Arabia reflects Pakistan’s growing global technology footprint. He noted that the initiative would strengthen cooperation between Pakistan and Saudi Arabia in financial innovation and digital transformation. Beyond financial services, TPS Arabia will also offer AI-driven digital transformation solutions to corporates and government organizations, including robotic process automation (RPA), governance, risk and compliance (GRC), and skill augmentation delivered locally at scale. With its Riyadh base, TPS Arabia seeks to support Saudi Arabia’s ambitions to modernize payments infrastructure and embrace advanced technologies, while simultaneously deepening the bilateral relationship between the two nations in the realm of technology and digital services.
Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.
