Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Johnson Controls Launches Sabroe HitemHP Heat Pumps for Industrial Decarbonization in the Middle East
Johnson Controls has launched its Sabroe HitemHP industrial heat pumps in the Middle East, delivering output temperatures up to 122°C to help electrify process heating.
BCG Expands Riyadh Office to Support Saudi Growth and Transformation
BCG has expanded its Riyadh office to accommodate more staff and deliver implementation services across Saudi public and private sectors.
Mastercard and HyperPay Partner on HyperSpend Platform Launch for Saudi SMEs
Mastercard and HyperPay have launched HyperSpend, a digital corporate spend management platform designed for small and medium enterprises in Saudi Arabia.
Magrabi Health Details Specialized Care Strategy at Forbes Summit in Riyadh
Magrabi Health presented its specialized care model and 2027 expansion roadmap during the Forbes Middle East Healthcare Summit 2026 in Riyadh.
Graduate Cryptography Experts Program Opens Employment Pathways for Scholarship Recipients
The Graduate Cryptography Experts program opens entry-level career tracks and support benefits for external scholarship students in cybersecurity.
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Money20/20 Middle East Second Edition Opens in Riyadh
Saudi Minister of Finance opened the second edition of Money20/20 Middle East in Riyadh, bringing together 38,000 visitors and 350 speakers.
X and SpaceXAI Move to Dismiss Antitrust Claims Against Apple
X Corp and SpaceXAI filed a court motion to dismiss their antitrust claims against Apple with prejudice while keeping litigation active against OpenAI.
HUMAIN and KAUST Explore Cloud Access to Shaheen 3 Supercomputer
HUMAIN and KAUST are studying plans to offer cloud-based access to the Shaheen 3 supercomputer, expanding high-performance computing resources in Saudi Arabia.
NVIDIA CEO Jensen Huang Takes Stage Call From Trump on AI Development
NVIDIA CEO Jensen Huang took a live phone call from Donald Trump at the All-In Summit to discuss AI pace, data centers, and new hardware.
Vision Bank and Publicis Sapient Partner on AI Hub
Vision Bank and Publicis Sapient have signed a strategic agreement at Money20/20 Middle East in Riyadh to build an AI innovation hub.
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
PMI Convenes Regional Training Partners in Dubai to Address Talent Shortage
PMI convened its MENA Authorized Training Partner roundtable in Dubai, addressing regional workforce needs and projecting demand for 600,000 project professionals by 2035.
Lebanon Signs DCO Charter to Advance Digital Economy and Tech Cooperation
Lebanon has signed the DCO Charter in Riyadh, launching a joint Digital Prosperity Plan to expand technology adoption, AI initiatives, and digital investments.
Money20/20 Middle East Opens in Riyadh as Global Leaders Discuss Fintech Growth
Money20/20 Middle East opened in Riyadh featuring major announcements, including Tabby’s valuation reaching $6.5B and Silq’s SAR 500M financing agreement.
Jamaica Proposes Workforce Development Model for Saudi Tourism Sector
Jamaica presented a hospitality workforce framework at WTM Riyadh to support Saudi Arabia’s Vision 2030 target of creating one million tourism jobs.
Hyundai Motor Becomes Official Automotive Partner of the UEFA Champions League
Hyundai Motor has signed a multi-year partnership with the UEFA Champions League from 2026 to 2031, led by the European launch of the electric IONIQ 3.
Salam and Dell Technologies Partner on Cloud and Edge AI Solutions
Salam and Dell Technologies have signed an agreement at LEAP 2026 to expand enterprise cloud infrastructure and edge computing solutions in Saudi Arabia.
Kyndryl Appoints Maged Wassim as Managing Director for Middle East and Africa
Kyndryl has appointed Maged Wassim as Vice President and Managing Director for Middle East and Africa to lead enterprise AI and IT infrastructure initiatives.
Desert Technologies Expands AI Integration Across Clean Energy Operations
Desert Technologies accelerates artificial intelligence adoption across engineering, solar asset maintenance, and internal software development in Saudi Arabia.
LEAP 2026 Concludes in Riyadh with $15 Billion in Technology Deals
LEAP 2026 wrapped up in Riyadh after securing nearly $15 billion in technology deals. The event highlighted major expansions in artificial intelligence, digital healthcare, and travel platforms.
Money20/20 Launches RiseUp Middle East to Support Women in Finance
Money20/20 Middle East launched the RiseUp programme in Riyadh to support 30 senior women leaders shaping financial technology and services.
SAL and Huawei Sign Agreement to Develop Smart Logistics in Saudi Arabia
SAL and Huawei signed an MoU to explore digital transformation, 5G integration, and inventory hub development for logistics in Saudi Arabia.
OpenAI Introduces Managed Agents API in Public Beta for Cloud Developers
OpenAI has launched its Managed Agents API in public beta, providing developers with persistent cloud agents as core platform primitives.