Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.

Changan Automobile Showcases New Energy Vehicles at FILDA 2026 in Angola
Changan Automobile presented its latest new energy vehicle lineup at the 41st Luanda International Fair, reinforcing its long-term expansion strategy in the African market.

GAZOO Racing Secures Historic 1-2-3 Podium Sweep at Rally Finland
GAZOO Racing secured a historic 1-2-3 podium sweep at Rally Finland, with Sami Pajari taking his second consecutive WRC victory.

Wisewell Launches Sparkle Countertop Water Purification System
Wisewell has launched Sparkle, a countertop water purification system that dispenses still and sparkling water at three temperatures with real-time quality tracking.

FMCG Brand Choices: Saudi Consumers Favor Local Brands
The Brand Footprint 2026 report reveals that local brands account for 73% of consumer choices in Saudi Arabia, with Almarai leading and Kinza showing rapid growth.

Sandisk Showcases NAND Storage Innovations for AI Inference at FMS 2026
Sandisk presented its latest NAND flash innovations and HBF technology at FMS 2026, addressing the growing storage demands of AI inference workloads.

Five Common Mistakes Organisations Make When Scaling AI
Middle East organisations face significant challenges when scaling AI. Discover the five common data mistakes businesses make and how to avoid them.

LG Electronics Earns NVIDIA Validation for Coolant Distribution Unit
LG Electronics has secured official NVIDIA certification for its 600kW coolant distribution unit, validating its thermal management technology for AI infrastructure.

ADMC Highlights the All-New HAVAL V7 Series in Saudi Arabia
ADMC has highlighted the all-new HAVAL V7 Series in Saudi Arabia, offering the vehicle with a 0% down payment and 0% profit margin promotion.

Saudi Makes Future Exhibition Opens Registration for Inaugural Riyadh Edition
The inaugural Saudi Makes Future exhibition has opened registration for technology companies to showcase practical AI applications in Riyadh this December.

Apparel Group and KEC Partner for Multaqa AlMadinah Mall Retail Expansion
Apparel Group has partnered with Knowledge Economic City to bring 24 international brands to Multaqa AlMadinah Mall, including ten making their debut in Madinah.

Golf Saudi Partners with Muslim Golf Association to Introduce 280 Women to Golf in London
Golf Saudi partnered with the Muslim Golf Association to introduce 280 girls and women to golf during the PIF London Championship.

Athar Awards 2026 Restructures Recognition Framework and Expands Jury Panel
The Athar Awards 2026 has opened submissions with a new points-based system, expanded entry pathways, and a panel of over 80 industry experts.

Cyber Resilience in KSA Strengthened by Healthy IT Habits
A Kaspersky survey reveals that 14% of Saudi employees make IT mistakes due to digital fatigue, highlighting the need for better digital habits.

TGA Signs MoU with Hyundai and Kia to Expand Future Mobility Solutions
The Transport General Authority signed an MoU with Hyundai and Kia to develop future mobility solutions and smart city technologies in Saudi Arabia.

Dr. Al-Sayel Elected Co-Chair of UN-GGIM Committee
Dr. Mohammed bin Yahya Al-Sayel has been elected Co-Chair of the UN Committee of Experts on Global Geospatial Information Management in New York.

Tuwaiq Academy Launches AI Innovation Center with NVIDIA
Tuwaiq Academy has partnered with NVIDIA to launch the Middle East’s first AI Innovation Center in Riyadh, focusing on natural language processing and emerging technologies.

Motor Mania GT Joins Aramco F4 Saudi Arabian Championship Support Calendar
ALTAWKILAT Motorsport has launched Motor Mania GT, a new regional support series for the Aramco F4 Saudi Arabian Championship featuring a 12-car grid.

Data Breach Cost in Saudi Arabia Reaches SAR 27 Million in 2026
The average data breach cost in Saudi Arabia reached SAR 27 million in 2026, with financial services facing the highest expenses.

Wallan Trading Opens New Genesis Service Center in North Riyadh
Wallan Trading has opened a new Genesis Service Center in North Riyadh, featuring nine service bays and extended operating hours to support luxury vehicle owners.

HaxUnit and Liplyn Partner to Strengthen Cyber Resilience in the Gulf
HaxUnit and Liplyn Information Group have partnered to deliver continuous external attack-surface monitoring and structured ISO 27001 reporting across the Gulf region.

Mannai Information Technology Opens New Riyadh Headquarters to Support Digital Economy
Mannai Information Technology Saudi Arabia has established its new regional headquarters in Riyadh to support local digital transformation and cybersecurity initiatives.

Nissan Announces Q1 FY2026 Financial Results and Returns to Profitability
Nissan Motor Co. announced its Q1 FY2026 financial results, reporting a return to profitability with net revenue reaching ¥2.964 trillion.
