Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Saudi Arabia Secures $15 Billion in Tech Accords at LEAP 2026
Saudi Arabia unveiled over $15 billion in technology deals at LEAP 2026, targeting massive data center growth, advanced cloud systems, and high-performance computing.
Aramco Signs Cybersecurity and Industrial Artificial Intelligence Agreements at LEAP 2026
Saudi Aramco and Aramco Digital signed cybersecurity and AI agreements with global tech firms at LEAP 2026 to modernize energy operations.
Eastern Region Municipality Showcases Smart Urban Management at LEAP 2026
Eastern Region Municipality presented its smart city initiatives and data systems during the LEAP 2026 technology conference in Riyadh.
Nintex Expands Saudi Partner Operations and Workflow Automation at LEAP 2026
Nintex has expanded its partner network and demonstrated the Nintex Automation K2 platform at LEAP 2026 in Riyadh.
Adobe AI Tools Offered Free to 27 Million Users in Saudi Arabia at LEAP 2026
Adobe partners with Saudi Arabia’s MCIT and HUMAIN to provide free AI creative tools to 27 million users nationwide through 2026.
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Saudi Energy Signs Three Strategic Agreements at LEAP 2026 for Data Centers
Saudi Energy signed three strategic agreements at LEAP 2026 to supply power infrastructure for artificial intelligence data centers and computing hubs.
Absher Launches Four New Civil Status E-Services at LEAP 2026
The Ministry of Interior launched four new civil status e-services via Absher during LEAP 2026 to streamline identity documentation.
SDAIA Introduces Two Regulatory Tracks for Data Protection and Monetization at LEAP 2026
SDAIA introduced two new regulatory sandbox tracks at LEAP 2026 focused on personal data protection and government data monetization models.
King Salman Park and Huawei Sign Strategic Smart Park Agreement at LEAP 2026
King Salman Park Foundation and Huawei signed a two-year MoU at LEAP 2026 to explore AI, digital twins, robotics, and smart platforms in Riyadh.
LEAP 2026 Opens in Riyadh with Over $15 Billion in Tech Deals
Saudi Arabia opened LEAP 2026 with over $15 billion in technology deals, featuring new AI infrastructure, cloud zones, and autonomous trucking networks.
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- 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
SBM Showcases Enterprise Solutions and AI Tech at LEAP 2026
Saudi Business Machines presented AI infrastructure, local software tools, and cybersecurity solutions during the LEAP 2026 exhibition in Riyadh.
DataVolt and HUMAIN Break Ground on 360 MW AI Data Center in NEOM
DataVolt and PIF-backed HUMAIN have started building a 360 MW AI data center in NEOM’s Oxagon, with an initial 100 MW phase opening in 2028.
LEAP 2026 Secures Over $2.5 Billion in Tech and Infrastructure Deals
Day two of LEAP 2026 secured over $2.5 billion in funding for data center capacity, cloud solutions, and localized technology research across Saudi Arabia.
CITC and Zain Launch First EcoFusion Carbon-Neutral Telecom Towers in Saudi Arabia
Saudi Arabia has launched its first EcoFusion carbon-neutral telecom tower in Riyadh during LEAP 2026, cutting carbon emissions by up to 40 percent.
Microsoft to Launch Data Center Region in Saudi Arabia in November 2026
Microsoft will launch its Saudi Arabia East cloud region in November 2026, delivering local Azure services and projected economic gains.
Adobe and MCIT Expand $4 Billion AI Partnership for Saudi Residents
Adobe, MCIT, and Humain expand their $4 billion partnership to provide 27 million Saudi residents free access to Firefly and Express AI creative software.
Saudi Digital Exhibition Presents Government Solutions and AI Tools at LEAP 2026
Saudi Digital Exhibition revealed new government platforms, AI services, and cloud migrations during day two of the LEAP 2026 conference in Riyadh.
LEAP 2026 Day Two Focuses on Integrated Government Services and Artificial Intelligence
LEAP 2026 Day Two highlighted digital government integration through Tawakkalna and practical AI applications across robotics and healthcare.
Saudi Arabia Launches AI Center of Excellence Initiative at LEAP 2026
Saudi ministries partnered with Microsoft and Gulf Intelligence to launch the AI Center of Excellence during LEAP 2026 to upskill the national workforce.
Saudi MCIT, DCO, and AMD Launch Open AI Developer Platform at LEAP 2026
Saudi MCIT, DCO, and AMD have introduced an open developer ecosystem at LEAP 2026 to provide engineers with AI tools and training programs.
Publicis Sapient Outlines Shift to Measurable Economic Value at LEAP 2026
Publicis Sapient highlighted at LEAP 2026 that Saudi organizations must transition from AI experimentation to scalable execution that delivers measurable economic value.
Mashreq Launches Fully Digital Salary Payment Experience in UAE Through MoHRE Integration
Mashreq has launched a fully digital salary payment system for UAE employers via Al Etihad Payments and direct integration with MoHRE.