Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
DALTEX Deploys ORTH Agricultural AI Across 54,000 Acres
DALTEX has deployed the ORTH artificial intelligence system across 54,000 acres to coordinate field operations and improve export quality.
Nour Elotaiby ·
Latest News
Kaspersky Survey Shows Generational Divide in Saudi Shopping Habits
A Kaspersky survey reveals that 48% of Gen Z shoppers find discounts via social media, while older generations prefer search engines and brand websites.
Knowledge Economic City Returns to Profit in First Nine Months of 2026
Knowledge Economic City returned to profit with SR 71.3 million net income in the first nine months of 2026, driven by land sales and hotel operations.
Nissan Patrol 75th Anniversary Edition Debuts for the Middle East
Nissan has launched the Patrol 75th Anniversary edition for the Middle East, limiting initial production to 1,951 units featuring bespoke design updates.
FedEx Presents Logistics Solutions for Hajj and Umrah Businesses at Jeddah Exhibition
FedEx presented international shipping, customs clearance, and cold-chain solutions at the Hajj Conference and Exhibition 2026 in Jeddah to support seasonal demand.
Mannai IT KSA Secures Major MEP and Technology Contract for Riyadh Giga-Project
Mannai IT KSA has won a two-year contract from China Harbour Engineering Company to deliver MEP and technology systems for a Riyadh giga-project.
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Bank of Singapore Highlights Dubai and Asian Wealth Hub Ties
Bank of Singapore CEO Jason Moo outlined the complementary roles of Dubai and Asian hubs, noting rising capital flows and automated client onboarding systems.
HP Names Former GSK Chief Emma Walmsley as CEO
HP has appointed former GSK chief Emma Walmsley as CEO, while interim leader Bruce Broussard will take over as board chair in January 2027.
Schneider Electric Launches Energy Tech Accelerator for Early-Career Engineers
Schneider Electric opened applications for its Energy Tech Accelerator, selecting 50 early-career engineers across five hubs worldwide.
GITEX World RobotiX Brings Humanoid Robotics and Embodied AI to Dubai
GITEX World RobotiX will open in Dubai this December, showcasing commercial humanoid robots, computing hardware, and industrial automation tools.
Expand Launches Advisory Services to Support Foreign Companies Entering Saudi Arabia
Expand has launched advisory services in Saudi Arabia to support foreign firms navigating local setup and strategic business development.
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- Saudi Businesses Expand Investment in Agentic AI for Enterprise Operations
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- iSolution Earns Great Place to Work Certification in Saudi Arabia and UAE
- Fortinet and Aramco Sign Agreement to Expand Industrial Cybersecurity in Saudi Arabia
- ELSEWEDY ELECTRIC PSP and Sinohydro Sign $2.2B Rabigh 2 IPP Expansion Contract
James Barnor Receives Sony Photography Honor for 2027
James Barnor has received the Outstanding Contribution to Photography title at the Sony World Photography Awards 2027 ahead of a major London retrospective.
SADAFCO Q3 Results Show Volume Growth Across Core Products
SADAFCO reported Q3 2026 financial results with gross margin rising to 30.6% and nine-month non-Mlekoma revenue reaching SAR 1.96 billion.
Saudi Fund for Development Signs Six Agreements Worth $403 Million with Syria
The Saudi Fund for Development signed six agreements worth over $403 million with Syria to restore energy, water, civil defence, housing, and healthcare.
Rasan Financial Results Show 64% Revenue Growth in 9M 2026
Rasan reported SAR 819 million in revenue for 9M 2026, marking a 64 percent annual increase driven by record quarterly motor retail gains.
Nvidia Leadership Controversy Emerges as Investigation Begins
Nvidia started an independent inquiry following reports that foreign intelligence targeted Jensen Huang, causing shares to fall 3% in extended trading.
How Artificial Intelligence Expansion Is Reshaping UAE Energy Stocks
Rising electricity demand from computational facilities and field automation are reshaping corporate revenue models across UAE energy stocks.
Robo.ai Issues Shareholder Letter Highlighting Revenue Growth and UAE Industrial Projects
Robo.ai published a shareholder letter outlining over $280 million in recent revenue, a $600 million outlook for 2026, and industrial expansion in the UAE.
Jabal Omar Hyatt Regency Makkah Secures Seven Hospitality and Dining Awards in 2026
Jabal Omar Hyatt Regency Makkah earned seven awards in 2026 across the LUXE Global Awards and World Luxury Awards for hospitality and dining excellence.
Fifth Digital Transformation Kuwait Conference 2026 Convenes Leaders to Address AI and Public Policy
The 5th Digital Transformation Kuwait Conference opened at Crowne Plaza Kuwait, bringing together government and technology leaders to address public sector modernization.