Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
SunRise Arabia Explores Energy Storage Solutions for Critical Sectors
Industry leaders at SunRise Arabia 2026 discussed deploying energy storage technologies to support data centers, agriculture, and industry in Saudi Arabia.
Toyota Racing Secures Tenth Victory at 6 Hours of Fuji
Toyota Racing secured its tenth victory at the 6 Hours of Fuji as the No. 8 crew moved to the top of the World Endurance Championship standings.
Alshaya Group and Mashreq Launch Co-Branded Credit Cards on Mastercard Network
Alshaya Group, Mashreq, and Mastercard have launched three co-branded credit cards in the UAE, providing discounts and rewards linked to the Aura programme.
Bloomberg Expands Saudi Footprint With New Office in KAFD
Bloomberg expanded its presence in Saudi Arabia with a new office in King Abdullah Financial District, alongside new local training programs.
OMODA & JAECOO to Reveal OMODA X and Hybrid Systems at User Summit
OMODA & JAECOO will unveil the OMODA X crossover and hybrid vehicle technology at its International User Summit in China this October.
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Apple Pay Launches in India with Initial Axis Bank Support
Apple Pay has launched in India with Axis Bank credit card support, expanding the payment platform to 101 countries worldwide.
Google DeepMind Unveils Gemini 4 Argon Alongside New AI Benchmarks and Hardware Deals
Google DeepMind has introduced Gemini 4 Argon as new model benchmarks, agent workflows, and hardware shifts reshape the global computing sector.
Saudi ICT Deals, Policy Updates, and Tech Launches for Week 40
A weekly overview of Saudi tech investments, regulatory policies, enterprise deals, and newly launched applications across multiple sectors.
CST Releases Q2 2026 GameMode Report on Saudi Telecom Performance
CST has issued its Q2 2026 GameMode report evaluating telecommunications network quality and gaming benchmarks across Saudi Arabia’s service providers.
Anthropic IPO Prospectus Details Massive Losses and Existential AI Warnings Ahead of Public Listing
Anthropic’s IPO filing reveals an $8 billion operating loss, $518 billion in compute commitments, and explicit warnings about existential risks from AI.
Most read in Economy & Business
- Saudi Businesses Expand Investment in Agentic AI for Enterprise Operations
- Bupa Arabia Concludes Bupa Padel 2026 Tournament in Riyadh
- 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
HUMAIN and EY Partner to Build Saudi Arabia’s First AI-Native BPO Services
HUMAIN and EY MENA have partnered to establish Saudi Arabia’s first AI-native business process outsourcing service powered by the HUMAIN ONE platform.
Gamma Studios Opens Virtual Production Facility with Sony in Dubai
Gamma Studios has opened the Digital Media Centre in Dubai Production City, featuring a Sony VERONA LED wall for regional film crews.
Checkout.com Integrates Jaywan into UAE Acquiring Platform
Checkout.com has integrated the UAE domestic card scheme Jaywan into its merchant acquiring platform, enabling automated local routing.
We Are Rewind Partners With The Midnight on WE-001 Cassette Player
We Are Rewind has teamed up with synthwave band The Midnight to launch a limited-edition WE-001 cassette player bundled with their latest album Syndicate.
Mashreq and Citi Complete Live Cross-Border Payment Pilot via Swift Blockchain Ledger
Mashreq and Citi completed a live cross-border transaction using Swift’s blockchain ledger infrastructure, enabling continuous 24/7 corporate payments.
Nissan Saudi Arabia Expands Market Campaign Against Counterfeit Parts
Nissan Saudi Arabia has expanded its anti-counterfeiting training to independent spare parts professionals, following the seizure of over 25,000 illicit components.
Claude Sonnet 5.5 Closes Gap With Opus as AI Market Shifts
Claude Sonnet 5.5 demonstrates near-flagship performance as hardware vendors and software firms adapt to major industry updates.
Citi Expands Token Services for Institutional Clients to UAE and Japan
Citi has expanded its tokenized deposit and liquidity service into the UAE and Japan, enabling 24/7 institutional cross-border multi-currency transactions.
OpenAI DevDay 2026 Unveils Autonomous Agents and GPT-6.1 Sol Model
OpenAI DevDay 2026 introduced autonomous Dots agents, the GPT-6.1 Sol model with lower token pricing, and a 1.2 billion weekly user milestone.
AMD Acquires World Labs for $8.2 Billion to Expand Physical AI
AMD agreed to buy AI startup World Labs in an $8.2 billion stock deal. Founder Fei-Fei Li joins as EVP and chief scientist to lead frontier research.
Middle East Loyalty Market Projected to Reach $5.6 Billion by 2030
The Middle East loyalty market is forecast to reach $5.6 billion by 2030 as Loylogic and partners bring a specialized masterclass to Dubai.
Cairo Bank Unifies Branch Security Across Egypt With Genetec
Cairo Bank has deployed Genetec Security Center across its network of over 230 branches in Egypt to centralize security operations and regulatory reporting.