Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Cisco Outlines Three Core Principles for Operationalizing AI at Scale
Cisco has identified three essential principles to help organizations transition from isolated AI pilots to secure, scalable enterprise operations.
Rosewood AMAALA Opens at Triple Bay Along the Red Sea Coast
Red Sea Global has announced the opening of Rosewood AMAALA at Triple Bay, featuring 110 keys, 26 branded residences, and extensive wellness facilities.
Nvidia Reduces Financial Commitment for OpenAI Ohio Project
Nvidia has scaled back its financial guarantee for OpenAI’s Ohio data center project to under $120 billion following investor concerns over large infrastructure commitments.
Nvidia Discloses $21 Billion Holding in SpaceX
Nvidia has disclosed a $21 billion stake in SpaceX, revealing deep financial and technical ties between the two technology giants.
Saudi Education Minister Announces Curriculum Updates and AI Integration
The Saudi Ministry of Education has announced updates to 22 school subjects and the integration of 50 AI units for the upcoming academic year.
YouTube Updates View Counting System to Match Competitors
YouTube will count views as soon as a video starts playing starting August 24, aligning its metrics with TikTok and Instagram.
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Tawakkalna Leads Digital Experience Maturity Index 2026
Tawakkalna has ranked first in beneficiary satisfaction in the 2026 Digital Experience Maturity Index, placing fifth overall among Saudi government platforms.
AI Opens New Growth Avenues for Saudi Enterprises
Artificial intelligence is opening new growth avenues for Saudi enterprises, helping small and medium-sized businesses improve operational efficiency.
Etmad Platform Secures Second Place in Digital Experience Maturity Index
The Saudi government platform Etmad ranked second in the 2026 Digital Experience Maturity Index, scoring 94.36% overall.
Wamdah Tech Expands Applied Technology Programs for Saudi Women Graduates
Wamdah Tech is expanding its applied technology programs for Saudi women graduates to Madinah, Hail, and the Northern Borders with support from Agility.
First Healthcare Technology Manager Pathway Launched in KSA
First Gulf Company and BMET partner to launch Saudi Arabia’s first Certified Healthcare Technology Manager pathway, aligning with Vision 2030.
Durability Certification Expands to Mass-Market Smartphones
Smartphone durability certification is expanding into mass-market devices, bringing premium protection standards to more accessible price segments.
Help AG Achieves CyberForce SOC Certification for Managed Security
Help AG has achieved the CyberForce SOC certification from DESC, making it one of the first companies to complete all three CyberForce standards.
University of New Haven Riyadh Appoints Dr. Mohammed Alshagawi as Founding Campus Dean
Dr. Mohammed Alshagawi has been appointed as the founding Campus Dean of the University of New Haven – Riyadh ahead of its launch this fall.
Burson Acquires Cognitive AI Company Limbik to Integrate Decipher Platform
Burson has acquired cognitive AI company Limbik, bringing the Decipher predictive intelligence platform fully in-house to accelerate global communications technology.
SEVEN Tabuk Entertainment Destination Opens in Saudi Arabia
Saudi Entertainment Ventures has officially opened its second indoor entertainment destination, SEVEN Tabuk, featuring global attractions and local concepts.
Insta360 Unveils X6 Action Camera with Compact Design and Larger Sony Sensors
Insta360 has launched the X6 action camera, featuring larger Sony sensors, 8K video at 50fps, and a more compact design with an OLED screen.
Al-Zahed Group Selects Snowflake Platform for Data and AI Initiatives
Al-Zahed Group has selected the Snowflake data platform to centralize its corporate data and accelerate its artificial intelligence initiatives.
Q and Margolis Healy Partner for Regional Data Center Infrastructure
Q and Margolis Healy Architecture have partnered to develop advanced data centers in Saudi Arabia, the Gulf, and Europe to meet growing AI demands.
Saudi IT Leader Warns AI Adoption Outpaces Security Frameworks
A Saudi IT leader warns that rapid AI integration is outpacing cybersecurity frameworks, creating significant security vulnerabilities for organizations.
Saudi GPU Market Projected to Reach $252.4 Million by 2030
The Saudi GPU market is projected to grow from $77.3 million in 2025 to $252.4 million by 2030, driven by digital transformation and cloud investments.
Tech Giants Face Thousands of Social Media Lawsuits After Failed Appeal
Meta, TikTok, Snapchat, and Google must face thousands of consolidated user addiction lawsuits after a US appeals court rejected their Section 230 defense.