Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Meta Launches Dedicated Sellers App for Marketplace
Meta has introduced a standalone Sellers app for Facebook Marketplace, featuring AI-powered listing tools and unified messaging for merchants.
GCG Enterprise Solutions Expands Enterprise AV Portfolio with Crestron Partnership
GCG Enterprise Solutions has partnered with Crestron to expand its enterprise AV portfolio, bringing advanced AV-over-IP and smart building technologies to the GCC region.
China Warns of Retaliation Over Proposed US AI Sanctions
China has warned of necessary measures to protect its interests following US threats of sanctions against Chinese AI companies over model distillation allegations.
Global Governments Agree on Unified 6G Development Timeline
More than 20 nations have committed to a unified 6G development timeline to align research and establish secure communication channels within the next year.
Air Cargo AI: How Human Expertise Shapes the Automated Workplace
Logistics companies are integrating AI systems to manage volatile schedules and capacity shifts while preserving essential human decision-making.
stc group Reports 40.1 Billion SAR Revenue for First Half of 2026
stc group reported a record revenue of 40.11 billion SAR for the first half of 2026, representing a 3.8% growth compared to the previous year.
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Liplyn Academy Launches in Dubai to Train Regional Organizations on AI Search
Liplyn Academy has launched in Dubai to provide training in AI Search Visibility, Vibe Coding, and Agentic AI for regional organizations.
Uptime Institute 2026 Survey Highlights Rising Rack Densities and Staffing Pressures
The 16th annual Uptime Institute survey highlights critical workforce shortages, rising outage costs, and increasing rack densities across global data centers.
DP World Opens First Multi-Client Warehouse in Riyadh
DP World has launched its first multi-client third-party logistics warehouse in Riyadh, expanding storage and distribution capacity for Saudi Arabia’s growing sectors.
On-Site Solar to Power 35% of Saudi Mega-Projects
A new BCG report shows that Saudi Arabia’s mega-projects can generate up to 35% of their electricity on-site, reducing costs and supporting Vision 2030 targets.
Saadia Zahidi Appointed as First Female IATA Director General
Saadia Zahidi has been appointed as the ninth Director General of IATA, becoming the first woman to lead the global airline association starting November 2026.
AlUla App Launched by Royal Commission for AlUla
The Royal Commission for AlUla has launched its new digital platform to centralize municipal services, tourism information, and investment opportunities.
Middle East M&A Activity Reaches 272 Deals in H1 2026
Middle East M&A activity reached 272 transactions in H1 2026, with Saudi Arabia and the UAE accounting for 65% of the total regional deal volume.
Zain Saudi Arabia Reports 5.3 Billion Riyals Revenue for H1 2026
Zain Saudi Arabia announced its H1 2026 financial results, recording 5.3 billion riyals in revenue and an 84 percent increase in net profit.
SADAFCO Q2 2026 Financial Results Show Revenue Growth
SADAFCO reported a 1.7% quarter-on-quarter revenue growth to SAR 750 million for Q2 2026, supported by strong sales and market leadership.
Wallan Trading Company Receives Legacy Partner Award at Hyundai Partners Summit 2026
Wallan Trading Company has been honored with the Legacy Partner award at the Hyundai Partners Summit 2026 in Boston, recognizing over 40 years of partnership.
Hassan Allam Joint Venture Signs SAR 2.7 Billion Waldorf Astoria Project in Diriyah
Hassan Allam Construction Saudi and UCC Saudi have signed a SAR 2.7 billion contract to build the Waldorf Astoria super block in Diriyah.
Desert Technologies Receives Two International Clean Energy Awards
Desert Technologies has secured two international awards from The Global Economics, recognizing its rapid growth and leadership in clean energy.
Google AI Overviews Now Appear in 43% of Global Searches
New data shows Google AI Overviews are rapidly becoming the default search experience, appearing in 43% of queries globally.
Mobily Enters Preliminary Discussions with Tawal Over Tower Infrastructure Acquisition
Mobily has commenced preliminary discussions with Saudi tower operator Tawal regarding a potential acquisition of its telecom tower infrastructure.
Fipera Launches neofashion.ai Self-Serve Platform for Fashion Brands
Fipera has launched neofashion.ai, a self-serve AI photography platform allowing fashion brands to generate studio-quality product images directly from their catalogs.
Ford Mustang Mach-E Electric SUV Arrives in Saudi Arabia
The all-electric Ford Mustang Mach-E has officially arrived at Mohamed Yousuf Naghi Motors showrooms in Saudi Arabia, offering up to 480 hp.