Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.

LEAP 2026 Opens in Riyadh with Global Tech Leaders and Major Showcases
LEAP 2026 opens in Riyadh featuring 1,289 investors managing $14.5 trillion, robotics demos, and executive speakers from AMD, Cisco, and NVIDIA.

Meta Tests Data Center Robots to Automate Server Maintenance and Infrastructure Tasks
Meta is testing specialized robots to handle cable replacement, server restarts, and rack maintenance across its growing infrastructure network.

Salam Announces Strategic Sponsorship of LEAP 2026 and Unveils AI Connectivity Solutions
Etihad Salam Telecom Company has announced its strategic sponsorship of LEAP 2026, unveiling its Connectivity+ portfolio and AI solutions in Riyadh.

Opening Round of Saudi Toyota Championship Concludes at Jeddah Corniche Circuit
Mamoun Amr Alkabbani set the fastest time of 1:12.279 as 88 drivers competed in the opening round of the Saudi Toyota Championship Time Attack in Jeddah.

Johnson Controls Arabia Concludes Industrial Hackathon with 18 Student Engineering Solutions
Johnson Controls Arabia and the University of Jeddah concluded the first Industrial University Projects Hackathon, showcasing 18 student engineering solutions.

Sony Music and Warner Chappell File Major Copyright Lawsuit Against Anthropic
Sony Music and Warner Chappell have sued Anthropic over alleged copyright infringement in training its Claude AI model, seeking significant statutory damages.

OpenAI Demonstrates Astra AI Agent Capable of Operating for Weeks
OpenAI demonstrated Astra, an autonomous AI agent capable of continuous operation for weeks within ChatGPT and its programming interface.

stc Group Sponsors Free General Admission Tickets for LEAP 2026
stc group has sponsored free general admission tickets for LEAP 2026 through August 30, ahead of the technology conference in Malham.

Venture Capitalist Chibo Tang Joins LEAP 2026 in Riyadh to Discuss Tech Ecosystems
Venture capital investor Chibo Tang joins LEAP 2026 in Riyadh to share insights from managing over $200M across Asian technology startups.

SAMI Advanced Electronics Showcases Local Defense and Digital Tech at LEAP 2026
SAMI Advanced Electronics will present its portfolio of locally built software, cybersecurity tools, and smart systems at the LEAP 2026 conference in Riyadh.
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

Saudi Toyota Championship Time Attack Opens Round 1 at Jeddah Corniche Circuit
The Saudi Toyota Championship Time Attack completed practice sessions in Jeddah with 74 drivers passing technical scrutineering ahead of Saturday runs.

Nutanix Showcases Hybrid Multicloud and Agentic AI at LEAP 2026
Nutanix presents its unified cloud platform and AI solutions at LEAP 2026 in Riyadh, announcing NC2 cluster availability and bare-metal Kubernetes tools.

Saudi Internet 2025 Report Identifies Top Gaming Platforms in the Kingdom
The Saudi Internet 2025 report tracks the most-used gaming platforms across the Kingdom, providing key data on player habits and digital network trends.

Monsha’at Showcases SME Programs and Innovation Support at LEAP 2026
Monsha’at participates in LEAP 2026 to offer direct consulting, startup gate services, and smart city innovation programs for SMEs in Saudi Arabia.

Riyadh to Host UNESCO Global Forum on AI Ethics in September 2026
Riyadh will host the UNESCO Global Forum on AI Ethics from September 14 to 17, 2026, bringing delegates from 194 countries.

Takamol Holding Showcases Artificial Intelligence and Smart City Technologies at LEAP 2026
Takamol Holding showcased its digital platforms, smart city systems, and award-winning AI tools at LEAP 2026 as an economic transformation partner in Riyadh.

GCC Approves Unified Cybersecurity Standards and Joint Regional Drills
GCC nations approved unified cybersecurity frameworks and joint drill plans during the fifth ministerial meeting held in Bahrain.

Vista Data Shows Executive Mobility Shifting Toward Shorter Lead Times in Saudi Arabia
Vista analysis shows booking lead times dropped to 7.1 days in 2026 as Saudi business leaders demand flexible flight options across global markets.

Digital Cooperation Organization Approves Eight Candidate Countries for Membership
The DCO Council approved eight candidate countries and one associate member, extending its representation to 980 million people.

Roblox Establishes Regional Headquarters in Riyadh to Expand MENA Presence
Roblox has selected Riyadh as its regional headquarters for MENA, expanding investments in local creators and STEM education programs across Saudi Arabia.

Saudi Startups Secure Consecutive Funding Rounds Through LEAP Platform
Saudi startups Ejari and Torod announced significant investment rounds following their participation in the LEAP technology conference.

Amazon Expands Cloud Infrastructure With Two Million Nvidia Processors
Amazon has ordered two million advanced Nvidia GPU processors to expand AWS data center capacity for generative AI workloads through 2028.
