ALPTech opens second Middle East office in Riyadh

ALPTech, an international provider of data science and risk analytics services and solutions, has launched a new office in Riyadh.

Since its launch in 2019, ALPTech has grown into a company with offices in Dubai (UAE), London (UK) and Pune (India). The firm supports banks, asset managers, family offices, and corporates across the Gulf and international markets with risk analytics, data strategy, AI transformation, and ESG intelligence.

Ashwani Roy, Co-Founder of ALPTech and Senior Partner, said that the opening of its Riyadh office will support the firm’s strategic expansion plans in the Saudi market. “This move marks our entry into one of the world’s fastest-growing AI economies. Saudi Arabia’s increasing investments in AI and progressive regulatory initiatives have transformed the Kingdom into a global testbed for large-scale solutions that address critical data challenges.”

Leading the new operation is Sharad Gupta, Co-Founder and Senior Partner, will relocate to Riyadh. “By establishing a local presence in Riyadh, we are better positioned to meet the rising enterprise demand for our services and solutions. This move underscores our long-term commitment to the Saudi market and reinforces our dedication to enhance performance and unlock new opportunities in the finance and investment sector.”

“It also demonstrates our intent to invest in the Kingdom’s talent ecosystem, including collaboration with local universities,” Roy continued.