Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
AI Newsrooms Break Technology Stories Faster Than Traditional Media
AI newsrooms are breaking major technology stories hours ahead of traditional journalists, signaling a shift in how digital news is produced and distributed.
Ooredoo Kuwait Deploys 5G Network Analytics for Smarter Operations
Ooredoo Kuwait has deployed the Network Data Analytics Function (NWDAF) to integrate advanced 5G network analytics into its core infrastructure.
DeepSeek Launches V4-Pro Out of Preview with Major Agent Upgrades
DeepSeek V4 Pro launches out of preview with massive upgrades to autonomous agent capabilities, flexible reasoning settings, and native OpenAI API support.
Middle East Organizations Lead Global AI Adoption Rates
A new study reveals that Middle East organizations are leading global rates of AI adoption as regional businesses accelerate their digital commerce strategies.
AI Reshapes Cybersecurity Threats and Attack Methods
A new report details how hackers use artificial intelligence to develop advanced attack tactics and exploit previously unknown vulnerabilities.
IBM Partners with OpenAI to Expand Enterprise AI Solutions Globally
IBM has partnered with OpenAI to train tens of thousands of consultants and integrate advanced models like GPT-5.6 into its enterprise consulting platforms.
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Panasonic Aligns Regional Partners at Customer Service Strategy Conference 2026
Panasonic Middle East & Africa hosted its Customer Service Strategy Conference 2026 to review performance and align regional partners on digital integration.
FREELANDER 8 Enters Mass Production for Global Markets
The FREELANDER 8 has officially entered mass production in China, with Middle East road testing underway ahead of its September debut in Abu Dhabi.
du Releases First 6G Whitepaper on Autonomous Telecom Networks
du has published its first 6G whitepaper in collaboration with Khalifa University, detailing a blueprint for autonomous, AI-native telecom networks.
Zain KSA and Huawei Deploy Saudi Arabia’s First 800G Optical Network
Zain KSA and Huawei have deployed Saudi Arabia’s first 800G optical network to support 5G, cloud computing, and AI services.
Zain Group profit – Surges 73% in H1 2026
Zain Group reported a 73% surge in net profit to KD 220 million for H1 2026, driven by strong performance in 5G, fintech, and digital services.
Barq and Riyadh Air Partner to Develop Digital Payment Infrastructure
Barq and Riyadh Air have signed a strategic partnership to develop a secure and scalable digital payments platform, enhancing the airline’s financial infrastructure.
SILQ Secures $100 Million to Expand Embedded Finance Platform
SILQ has secured $100 million in financing from regional and international investors to expand its Fina embedded finance platform for SMEs.
PIF-Led Consortium Completes Acquisition of Electronic Arts
A consortium led by Saudi Arabia’s Public Investment Fund has completed the acquisition of Electronic Arts, delisting the publisher from NASDAQ.
Majority of Saudi E-Commerce Stores Fail to Meet Data Protection Standards, Study Finds
A King Abdulaziz University study reveals that 60% of top-ranked Saudi e-commerce stores fail to meet personal data protection requirements.
CST Mandates Prior Written Approval for Telecom Senior Management Appointments
CST has mandated that licensed telecom operators must obtain prior written approval before appointing senior management, with interim roles capped at 180 days.
Consortium Agrees to Strategic Investment in CRTS Global
A consortium including TAEF and Zamil Group has agreed to make a strategic minority investment in CRTS Global to accelerate its regional and global growth.
SAL Becomes First Saudi Company to Obtain IATA SeMS Certification
SAL Logistics Services has become the first Saudi company to receive the IATA SeMS Level 1 certification for cargo security.
SEVEN ABHA Welcomes Visitors Following Opening Festival
SEVEN ABHA continues to welcome visitors following its successful five-day opening festival, offering Formula E Karting, bowling, and cinemas.
Almajdouie Changan Launches Youth Initiative in Saudi Arabia
Almajdouie Changan has partnered with LYNX STEM Racing Team to launch the ‘خلك مبدع’ initiative, supporting young Saudi entrepreneurs and showcasing local talents.
Money20/20 Middle East Returns to Riyadh in September 2026
Money20/20 Middle East returns to Riyadh from September 14 to 16, 2026, bringing together over 38,000 financial leaders and regulators.
Kyndryl Launches Agentic Modernization Services-as-Software via Kyndryl Bridge
Kyndryl has launched its new Agentic Modernization services-as-software, designed to automate enterprise technology updates through Kyndryl Bridge.