Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Nokia Opens Research and Development Center in Riyadh for Network Automation
Nokia has opened a new research and development center in Riyadh to create network automation software and train local engineers under Saudi Vision 2030.
Deepfest26 Forum Highlights AI-First Strategy and Enterprise Adoption in Riyadh
Deepfest26 forum in Riyadh outlined Saudi Arabia’s AI-First strategy, emphasizing enterprise value, human-centered governance, and digital infrastructure.
Saudi ICT Deals Surge with Multi-Billion Tech Investments at LEAP 2026
Saudi Arabia recorded major ICT investments at LEAP 2026, including multi-billion dollar agreements from Amazon, AMD, and Adobe.
Saudi Arabia Participates in G20 Innovation Ministerial Meeting in the United States
Engineer Abdullah Al-Swaha leads the Saudi delegation at the G20 innovation ministerial meeting in the United States to address AI policies.
Noise Unveils Master Buds Open with Bose Audio Technology at IFA Berlin 2026
Noise has introduced the Master Buds Open earphones with Sound by Bose technology at IFA Berlin 2026, marking its debut in the open-ear audio segment.
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Saudi Arabia Expands Sovereign AI Infrastructure to Accelerate National Tech Growth
Saudi Arabia is advancing sovereign AI infrastructure with major cloud expansions and technical training programs unveiled during LEAP 2026.
Saudi Authorities Honor IoT Adoption Initiative Partners at LEAP 2026
Saudi authorities recognized partners of the IoT Adoption Initiative at LEAP 2026, marking 40 million connected devices and a 17 billion SAR economic impact.
Desert Technologies and Swiss CTS Launch CTS-DT for 300 MW AI Data Centers
Desert Technologies and Swiss CTS establish CTS-DT to build AI data centers with an initial 300 MW annual capacity in Saudi Arabia.
CST Honors Partners of Recycle Your Device Initiative at LEAP 2026
CST honored public and private sector partners of the Recycle Your Device initiative at LEAP 2026 after collecting over 400,000 devices worth SAR120 million.
HUMAIN and Applied Intuition Partner on Autonomous Trucks in Saudi Arabia
HUMAIN and Applied Intuition have joined forces to deploy thousands of autonomous trucks across freight corridors in Saudi Arabia by 2030.
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
Casio Unveils G-SHOCK LUXE BLACK Series with Matte Finishes and Metallic Accents
Casio has launched the G-SHOCK LUXE BLACK series featuring GM-2100LXB and GA-2100LXB models with matte black finishes and metallic accents.
stc Group and Ericsson Sign Multi-Year Deal to Expand 5G Network Across Saudi Arabia
stc group and Ericsson signed a multi-year deal at LEAP 2026 to expand 5G network coverage across Saudi Arabia using new 600 MHz spectrum radios.
Salam and Water Transmission Company Sign Strategic Agreement at LEAP 2026
Etihad Salam Telecom Company and Water Transmission Company signed an agreement at LEAP 2026 to evaluate joint digital infrastructure and networking projects.
Desert Technologies and CTS Group Launch Joint Venture for AI Data Centers in Saudi Arabia
Desert Technologies and Swiss CTS Group established CTS-DT at LEAP 2026 to build AI data centers with an initial 300 MW capacity in Saudi Arabia.
Marafiq and IBM Partner to Modernize Enterprise Service Delivery on ServiceNow Platform
Marafiq and IBM have announced a collaboration to modernize enterprise service delivery using the ServiceNow AI platform announced at LEAP 2026.
Aramco Digital and ServiceNow Sign AI Transformation Deal
Aramco Digital and ServiceNow have signed a collaboration agreement to standardise enterprise workflows across 50 countries using AI technologies.
Leap26 Day Three Secures 293 Million Dollars in Startup Funding
Leap26 witnessed 293 million dollars in startup funding across 11 investment deals on day three, solidifying Saudi Arabia’s venture capital position.
Naseej Innovation Lab Showcases Knowledge to Market Model at LEAP 2026
Naseej Innovation Lab showcased its knowledge-to-market model at LEAP 2026, presenting methods to transform research and AI into scalable commercial software.
King Saud University Medical City Launches Digital Health Innovation Ecosystem at LEAP 2026
King Saud University Medical City launched its digital health innovation ecosystem and opened registration for Healthathon 2026 during LEAP 2026.
Amazon Confirms $5.3B Cloud and AI Expansion in Saudi Arabia
Amazon confirms its $5.3 billion cloud region in Saudi Arabia is on track for December 2026, featuring three availability zones and expanded AI programs.
MIS and Humain Expand AI Data Center Capacity to 250 MW in Saudi Arabia
MIS and Humain partner at LEAP 2026 to build 250 MW AI data center capacity in Saudi Arabia alongside new cloud expansions with AWS and Together Compute.
Korean AI Consortium Completes Industrial Proof of Concept with Aramco Digital
A group of seven South Korean technology firms completed an industrial AI proof of concept with Aramco Digital, testing 3D modeling and unified infrastructure.