Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Geidea Expands Digital Payment Capabilities in Saudi Arabia With New Accreditations
Geidea secured National Payment Gateway accreditation and MPoC certification while preparing Tap to Pay on iPhone for merchants across Saudi Arabia.
Echelon and Applied Intuition Partner to Deploy Physical AI in Saudi Arabia
Echelon and Applied Intuition have partnered to deploy autonomous physical AI platforms across Saudi Arabia’s industrial, automotive, and logistics sectors.
PIF Doubles Net Profit to $17 Billion as Assets Exceed $900 Billion
PIF reported $120 billion in revenue and doubled net profit to $17 billion for 2025, with assets under management surpassing $900 billion.
Kodak Alaris and Mannai Expand Strategic Partnership into Saudi Arabia
Kodak Alaris and Mannai Information Technology have expanded their partnership into Saudi Arabia to deploy automated document capture solutions.
Daily AI Roundup Covers Autonomous Coding Agents and Infrastructure Shifts
A 4B coding agent reached 61.5% on SWE-bench Verified while the UN scientific panel published its first AI brief. Track all key technical updates.
- Ad
CST Launches Public Consultation on Spectrum and Satellite Regulations
CST has launched a public consultation on spectrum usage and satellite regulations. The initiative invites feedback on earth station rules and orbital filings.
PIF Launches Tawrid Platform to Deliver Supply Chain Financing in Saudi Arabia
PIF has launched Tawrid Company for Financing Solutions to provide digital supply-chain financing products to Saudi companies under a SAMA sandbox permit.
Huawei Launches OceanStor M900 to Accelerate AI Inference in Hyperscale Data Centers
Huawei unveiled the OceanStor M900 storage system to accelerate AI inference in data centers, delivering 64 PB capacity and 60-microsecond access latency.
Huawei Introduces SCALE Partner Support System to Accelerate Enterprise AI Adoption
Huawei unveiled its SCALE partner support system at HUAWEI CONNECT 2026 to help enterprise partners expand artificial intelligence deployments across multiple industries.
Positive Technologies: 50% of Cyberattacks in the Gulf Targeted UAE and Saudi Arabia in H1 2026
Positive Technologies reports that the UAE and Saudi Arabia faced 50% of Gulf cyberattacks in H1 2026, with government bodies representing the top target.
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
MICHELIN Guide Reveals 2026 Hotel Selection in Saudi Arabia Featuring 17 Key Properties
The 2026 MICHELIN Guide hotel selection in Saudi Arabia honors 17 properties with MICHELIN Keys across Riyadh, Jeddah, AlUla, and the Red Sea coast.
Daily AI Roundup: New Models, Agents, and Hardware Benchmarks
This Daily AI roundup covers the latest ICLR submission policies, Qwen translation models, enterprise agents, and AMD Venice server chip benchmarks.
DBS Warns Markets Are Underpricing Oil Shock Risk Amid AI Energy Expansion
DBS Bank warns that markets are underpricing oil shock risks as annual AI spending approaches USD 1 trillion.
Desert Technologies Presents Clean Energy and Smart Infrastructure at Saudi Industry Forum 2026
Desert Technologies presented clean energy systems and smart infrastructure at the Saudi Industry Forum 2026 held at the Jeddah Superdome.
Help AG Launches Quantum 360 at GISEC 2026 for Post-Quantum Defense
Help AG launched its Quantum 360 portfolio at GISEC 2026 to support post-quantum cybersecurity migration for enterprises and government entities.
DHL Express UAE and IFZA Partner to Expand Dubai SME Global Trade
DHL Express UAE has partnered with IFZA to provide Dubai-based enterprises with preferential international shipping rates and dedicated cross-border trade training.
EssentaTor Showcases EAC Fund for Arab Capital at Money20/20 in Riyadh
EssentaTor presented its EAC Fund at Money20/20 Middle East in Riyadh, outlining institutional liquidity, stablecoin reserves, and digital infrastructure.
Meta Expands AI Agent Integration for WhatsApp Business Setup and Management
Meta has introduced an MCP server that lets AI assistants automate WhatsApp Business setup, API registration, and template management for developers.
Kuwait Higher Education Ministry Partners with DataFlow Group for Academic Credential Verification
Kuwait’s Ministry of Higher Education signed an agreement with DataFlow Group to modernize academic credential verification and accelerate document authentication.
Lucid and Bolt Partner to Deploy Autonomous Mobility Vehicles in Europe
Lucid and Bolt have partnered to deploy at least 25,000 autonomous vehicles across European cities using Lucid’s midsize platform and NVIDIA hardware.
Daikin and CTS Group Unveil Data Center Cooling Concept for AI Workloads
Daikin and CTS Group introduced a patented data center cooling concept delivering PUE ratings below 1.20 in Middle Eastern climates for AI workloads.
Linux Foundation CEO Jim Zemlin Details Open Source AI Growth at Huawei Connect
Linux Foundation CEO Jim Zemlin revealed that open source powers 98% of global software and drives every layer of the agentic AI stack at Huawei Connect.