Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Almosafer Selects RISE with SAP on AWS Cloud for Digital Expansion
Almosafer announced plans to migrate its enterprise resource planning systems to RISE with SAP on AWS to support operational scale and tourism growth.
Palestine Signs DCO Charter and Unveils Digital Prosperity Plan at LEAP 2026
Palestine has signed the DCO Charter at LEAP 2026 in Riyadh, launching a strategic initiative targeting 10,000 trainees and 250 startups by 2028.
Nissan and Honda Sign Agreement to Standardize ECUs and Software for Software-Defined Vehicles
Nissan and Honda have finalized a joint development agreement to standardize core ECUs and software platforms for software-defined vehicles starting in fiscal year 2029.
Salam and UnifyApps Sign Strategic Agreement to Accelerate Enterprise AI Adoption
Salam and UnifyApps signed an MoU at LEAP 2026 to deliver agentic automation and AI technologies to Saudi government and enterprise organizations.
AMD and HUMAIN Launch AI in a Box for Saudi Enterprises
AMD and HUMAIN have launched AI in a Box to provide turnkey computing hardware for enterprises deploying artificial intelligence in Saudi Arabia.
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KAFD Adopts IBM Maximo to Support Smart Asset Handover
KAFD deployed IBM Maximo and developed a proprietary Transition Management Application registered with SAIP to coordinate asset handovers across its 95 buildings.
British Council Opens Applications for Study UK Alumni Awards in Saudi Arabia
The British Council has opened applications for the 13th Study UK Alumni Awards in Saudi Arabia, recognizing international UK graduates across four sectors.
Athar Festival 2026 Unveils Fourth Edition Agenda and Speaker Lineup in Riyadh
Athar Festival 2026 will bring over 200 speakers to Riyadh this November, presenting four specialized content streams and industry training programs.
HPE Expands Local Technology Production and Launches Innovation Initiatives at LEAP 2026
HPE announced the expansion of its Saudi Made technology portfolio at LEAP 2026, introducing new storage platforms, factory services, and an innovation center.
China Digital Sector Reaches $3.08 Trillion in H1 2026
China’s digital sector reached $3.08 trillion in revenue during H1 2026, driven by a 19.3 percent jump in profits and strong artificial intelligence demand.
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
Syrian Tech Sector Marks First Participation at LEAP 2026 in Riyadh
Syria’s communications and technology sector makes its debut at LEAP 2026 in Riyadh, presenting seven startups and exploring bilateral investments.
42Maru Targets Saudi AI Market Through South Korean Agency Support Program
42Maru joins the KOSME support program to deliver on-premise language models and retrieval tools to Saudi government and enterprise sectors.
Korean AI Firms Present Full-Stack Solutions at LEAP 2026 in Riyadh
Korean AI firms are showcasing full-stack artificial intelligence solutions, semiconductors, and digital twin systems at LEAP 2026 in Riyadh.
Saudi Digital Economy Value Reaches SAR 522 Billion as AI Expansion Accelerates
Saudi Arabia’s digital economy reached SAR 522 billion, with tech sector jobs expanding to 410,000 and the Kingdom hosting nine regional unicorn companies.
Adobe CEO Highlights Artificial Intelligence and Digital Creativity at LEAP26
Adobe CEO Shantanu Narayen discussed how artificial intelligence shapes digital creativity and modern enterprise software during his keynote address at LEAP26.
Saudi Communications Minister Details 99% Coverage and 2028 Network Targets
Communications Minister Al-Swaha reported 99% basic telecom coverage in Al-Baha and Asir, outlining 2028 expansion targets for 5G and fiber networks.
Saudi Arabia Expands Fiber Coverage to 5.8 Million Homes
Saudi Arabia has expanded fiber optics coverage to 5.8 million homes, reducing the digital divide to 1% while ranking among the top five globally.
Saudi Arabia Hosts First International xAI Data Center Outside US
Saudi Arabia has been selected to host xAI’s first international data center outside the US, alongside new hardware manufacturing and server export projects.
Saudi Arabia to Issue Freedom of Information System to Regulate Data Sharing
Saudi Arabia will introduce a Freedom of Information system to govern data exchange, safeguard national sovereignty, and stimulate digital innovation.
Human Talent Drives Digital Transformation at Aramco According to Executive at LEAP 2026
Sami Alajmi of Saudi Aramco highlighted at LEAP 2026 how human talent drives enterprise digital initiatives.
National Auto Award Launches Digital Platform Documenting 14 Years of Automotive Sector Milestones
The National Auto Award launched a digital archive documenting 14 years of Saudi automotive achievements ahead of its 14th edition in Jeddah.
specialized by stc Showcases Critical Communication Networks and Hadath Platform at LEAP 2026
specialized by stc presented its Business Critical Network and Hadath event management platform at LEAP 2026 to support industrial operations across Saudi Arabia.