BASILDON, England - First Data Corp. has won a card processing contract from Arab National Bank of Saudi Arabia.

Arab National has converted its credit card portfolio to the system run by FDR Limited, a First Data subsidiary that operates out of Basildon.

Hesham Al-Shaikh, general manager of the retail bank group at Arab National, said working with First Data "will allow us to build a profitable and sustainable plastic payment business, developing new and technologically advanced payment card products with greater ease and flexibility."

The bank, which issues MasterCard and Visa cards, has a branch in London and 117 in Saudi Arabia. It is the largest provider of electronic commerce and payment services in Saudi Arabia.

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