Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Meta Launches Muse Personal Assistant to Automate Everyday Digital Tasks
Meta has released Muse, an autonomous personal assistant built to handle tasks like booking travel and managing purchases within secure cloud containers.
Mistral Secures €3B in Series D Funding at €21B Valuation
French AI lab Mistral raised €3 billion in Series D funding led by Samsung Electronics, valuing the company at over €21 billion.
Ministry of Communications Opens Registration for Technical Competencies Summit 2026 Workshops
Saudi Ministry of Communications opens registration for the Technical Competencies Summit 2026 virtual training workshops to develop local digital talent.
Five Key Strategic Focus Areas for Apple Under New Chief John Ternus
An analysis of five major strategic areas facing Apple and its new CEO John Ternus ahead of the September hardware showcase.
Fluke Innovation Day Highlights Industrial Reliability in Saudi Arabia
Fluke Corporation hosted industrial leaders in Al Khobar to showcase diagnostic and measurement technologies for large-scale operations in Saudi Arabia.
Changan Opens Middle East Training Center in Al Khobar with Almajdouie
Changan and Almajdouie opened the Middle East Training Center in Al Khobar, establishing a specialized technical hub for automotive after-sales service teams.
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Hurr Announces $2 Million Growth Initiative and New AI Contracting Tool
Hurr has introduced a $2 million growth initiative featuring the AI-assisted Hurr Sign & Pay tool, an acquisition, and new strategic partnerships in Saudi Arabia.
Digital Cooperation Organization Concludes LEAP 2026 with New Member Accords and Tech Initiatives
Digital Cooperation Organization concluded LEAP 2026 by adding new member states, launching AI initiatives, and supporting 30 emerging technology startups.
Al Rajhi Bank and Uber Launch Mobility and Loyalty Partnership in Saudi Arabia
Al Rajhi Bank and Uber Saudi Arabia have launched a partnership offering eligible customers a complimentary three-month Uber One membership starting Q4 2026.
Salam and KAROOOOO Partner to Deliver Connected Fleet Solutions Across Saudi Arabia
Salam has partnered with KAROOOOO at LEAP 2026 to distribute and develop connected fleet solutions and vehicle tracking software across Saudi Arabia.
General Motors and MEBCO Mark 30-Year Alliance and 60 Million Batteries in Saudi Arabia
General Motors and MEBCO celebrate 30 years of partnership in Saudi Arabia, reaching 60 million ACDelco batteries produced locally.
World Defense Show Renews Strategic Partnership with SAMI for 2028 Edition
World Defense Show has renewed its strategic partnership with SAMI, confirming the defense firm as National Strategic Partner for the 2028 edition in Riyadh.
Group-IB to Showcase Predictive Threat Technologies at GISEC Global 2026
Group-IB will present its latest threat intelligence tools and AI platforms at GISEC Global 2026 in Dubai from September 16 to 18.
NetApp Reports Record First Quarter Fiscal 2027 Revenue of $2.03 Billion
NetApp posted record first quarter fiscal 2027 revenues of $2.03 billion, up 30% year-over-year, driven by strong all-flash and public cloud storage growth.
NEOPAY and Deem Finance Launch SME Working Capital Solution in UAE
NEOPAY and Deem Finance have partnered to provide UAE small businesses with working capital loans based on merchant transaction data.
AKDITAL Opens First Saudi Healthcare Facility in Riyadh with Olaya Hospital Launch
AKDITAL Group has launched operations at its first Saudi facility, opening the 140-bed Olaya Hospital in Riyadh as part of a SAR 5.3 billion investment plan.
Saudi Esports Federation and Vanguard Launch Level Up Training Program
The Saudi Esports Academy and Vanguard have introduced the Level Up program to provide graduates with operational training during the PRIME League.
DCO, MEWA, RDI, and KACST Launch Future Makers Challenge for Water Resilience
DCO, MEWA, RDI, and KACST have opened the Future Makers Challenge to create AI-driven solutions for global water sustainability issues.
Capcom Reports Onimusha: Way of the Sword Sells 1 Million Units on Launch Day
Capcom announced that Onimusha: Way of the Sword sold over one million copies on day one, driving cumulative franchise sales past ten million units.
Salam and Nutanix Partner on Private Cloud Infrastructure for Saudi Enterprises
Salam and Nutanix signed a three-year agreement at LEAP 2026 to deliver private cloud infrastructure services to enterprise clients in Saudi Arabia.
LG Launches Saudi-Manufactured DUALCOOL AI Air Conditioner with Smart Cooling Features
LG Electronics has launched its Saudi-manufactured DUALCOOL AI residential air conditioner, featuring AI Air automation and smart energy management.
Salam and SmartFactory Partner to Digitize Saudi Manufacturing Operations
Etihad Salam Telecom Company and SmartFactory signed an agreement at LEAP 2026 to deliver integrated digital systems for Saudi manufacturers.