Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Saudi Arabia and South Korea Expand Digital Economy Cooperation
Saudi Arabia and South Korea have expanded their strategic technology partnerships following high-level ministerial meetings in Seoul focusing on AI and semiconductors.
Riyadh to Host World’s Largest Cybersecurity Challenge at Black Hat MEA 2026
Riyadh will host the world’s largest cybersecurity challenge at Black Hat MEA 2026, featuring over SAR 790,000 in prizes and the top 150 global teams.
Ezdehar Allaf Appointed as First Female Managing Director in Tawafa Sector
Ezdehar bint Ahmed Khalil Allaf has been appointed as the Managing Director of Ashraqat, becoming the first Saudi woman to hold this leadership role in the Tawafa sector.
DP World Deploys 35 Electric Terminal Tractors at Jeddah Islamic Port
DP World has deployed 35 new electric terminal tractors at Jeddah Islamic Port, expanding its fleet capacity by over 20% and reducing emissions.
Fynd Launches AI-Native Fashion Design and Production Platform in the GCC
Fynd has launched its AI-native Fynd Create platform in the GCC, connecting fashion design, sourcing, and production to improve retail productivity.
Saudi Arabia and China Strengthen Strategic Technology and Space Partnerships
Saudi Minister Abdullah Alswaha led a high-level delegation to Beijing, meeting with Chinese officials and tech executives to expand bilateral cooperation.
Ad
Zefr Expands Brand Safety Solutions in GCC and Türkiye
Zefr has partnered with Black C Media and RedC Media to expand its AI-powered brand safety and suitability solutions across Türkiye, Egypt, and the GCC region.
Dokainish & Company CEO Joins Canadian Prime Minister at Canada-Saudi Business Forum
Tarik Dokainish, CEO of Dokainish & Company, joins Canadian Prime Minister Mark Carney at the Canada-Saudi Business Forum in Jeddah to strengthen bilateral trade.
AutoData Middle East Establishes Local Entity in Saudi Arabia to Support Insurance Sector
AutoData Middle East has established a local entity in Riyadh to provide direct automotive data solutions and support for Saudi Arabia’s growing insurance sector.
Aramco Ventures Leads $800 Million Funding Round for Together AI
Aramco Ventures has led an $800 million Series C funding round for Together AI, valuing the open-source infrastructure provider at $8.3 billion.
Keeta Releases White Paper on Saudi Digital Economy at LEAP East
Keeta released a white paper at LEAP East in Hong Kong, detailing the growth of the Saudi digital economy and food delivery trends.
ZATCA Detects Tax Violations in 61,000 Inspections
ZATCA detected multiple tax violations during 61,000 inspections in Q2 2026, targeting retail, gold, and tobacco sectors.
Saudi Arabia Expands Digital Infrastructure and AI Cooperation in China
Saudi Arabia’s Minister of Communications and Information Technology led a high-level delegation to Shenzhen to discuss AI, robotics, and cloud solutions.
Saudi Minister Meets Scholarship Students in China to Discuss Tech Future
The Saudi Minister of Communications met with scholarship students in China to discuss localizing advanced technologies and boosting the digital economy.
MEF and VodafoneThree Block 2 Million Fraudulent SMS Messages
A joint initiative between MEF and VodafoneThree has successfully blocked 2 million fraudulent banking SMS messages before they reached customers.
Saudi Arabia Ranks First Globally in ICT Development Index
Saudi Arabia has secured the top global position in the 2026 ICT Development Index, reflecting major investments in digital infrastructure.
Uvera Seed Round Closed with Morgan Stanley Support
Saudi deep-tech startup Uvera has closed its Seed funding round with backing from Morgan Stanley, LAB7, and Core Vision to expand its food preservation platform.
Growth-Stage Bridge Connects Global Fintechs with Saudi Market
An analysis of the strategic initiatives connecting international growth-stage financial technology companies with expanding opportunities in Saudi Arabia.
Middle East Accelerates Digital Infrastructure Expansion
Middle East governments and telecom operators are accelerating digital infrastructure expansion through massive investments in fiber networks.
EXEED Riyadh Fan Zone Launches at Laysen Valley
Arabian Heritage Motors has launched the EXEED Riyadh Fan Zone at Laysen Valley, welcoming nearly 500 guests to a premium football viewing experience.
AI Principles in Media Project Recognized at WSIS Prizes 2026
The Saudi AI Principles in Media project has secured a certificate of recognition at the WSIS Prizes 2026 in Geneva for promoting responsible technology use.
Saudi Arabia Deploys AI to Optimize Hajj Telecom Networks
Saudi Arabia is deploying artificial intelligence and 5G technologies to optimize telecom networks during the Hajj season, ensuring reliable connectivity for millions of pilgrims.