Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Lahint Completes Unified Digital Execution Infrastructure
Lahint has completed its unified digital execution infrastructure, launching 10 automated social insurance services for businesses in Saudi Arabia.
Elm and Huawei Sign MoU at LEAP East 2026 to Advance Digital Infrastructure
Elm and Huawei signed a memorandum of understanding at LEAP East 2026 in Hong Kong to collaborate on artificial intelligence and digital infrastructure.
FedEx Launches FedEx Surround Platform in Saudi Arabia
FedEx has launched its FedEx Surround platform in Saudi Arabia, introducing advanced monitoring and intervention systems to enhance logistics and shipping services.
Nissan Unveils the New Tekton SUV at World Premiere in India
Nissan has officially debuted the new Tekton SUV in India, designed for global export to 50 markets across the Middle East and Africa.
Unifonic Repositions as AI-Native CX Platform for Emerging Markets
Unifonic has transitioned into an AI-native CX platform, integrating autonomous agents and achieving up to 85% automation for enterprise customer experiences.
HUMAIN and Cohere Partner to Expand AI Compute and Sovereign Models in Saudi Arabia
HUMAIN and Cohere have partnered to deploy 50MW of AI compute capacity in Saudi Arabia, focusing on the development of secure sovereign AI models.
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British Council Funds Nine UK-Saudi Research Collaboration Projects
The British Council and RDIA awarded over 4 million Riyal to fund nine joint UK-Saudi research projects in healthcare, clean energy, and environmental protection.
SAL and flyadeal Sign MoU for National Talent Training Programs
SAL Logistics Services and flyadeal signed an MoU to develop national talent through specialized training programs via SAL Academy, supporting Saudi Vision 2030.
Saudi Arabia Expands Digital Infrastructure to Support Global AI Growth
Saudi Arabia is expanding its digital infrastructure to support AI technologies, aiming to build 6.9 GW of data center capacity by 2034.
SDAIA Highlights AI Role in Smart Cities Development
SDAIA has showcased the role of artificial intelligence in enabling smart cities, emphasizing its contribution to digital infrastructure.
Ferrari Hypersail Unveils Autonomous Marine Energy Management System
Ferrari Hypersail introduces an advanced energy management system designed to achieve complete energy autonomy during offshore racing.
SME Confidence Index Shows 75% of Saudi Small Businesses Confident in Growth
The latest SME Confidence Index reveals that 75% of Saudi small business leaders remain confident about their growth prospects over the next 12 months.
Ford Secures Top Mainstream Brand Ranking in JD Power 2026 Quality Evaluation
Ford has ranked as the top mainstream brand in the JD Power 2026 U.S. Initial Quality Study, marking its highest position since 2010.
DCO Launches Ethical AI Guidebook for Global Policymakers in Geneva
The Digital Cooperation Organization has launched a new guidebook in Geneva to help global policymakers establish safe and trustworthy AI governance frameworks.
Saudi Arabia Leads Development of Global E-Waste Regulations
A Saudi global initiative has successfully developed new regulations for electronic waste management, reflecting the Kingdom’s commitment to environmental sustainability.
Saudi Arabia Builds Strongest AI Infrastructure to Connect East and West
Saudi Arabia is building its strongest AI infrastructure to connect the East and West, supporting the goals of Vision 2030.
OpenAI to Release GPT-5.6 Models to the Public on July 9
OpenAI has secured regulatory approval to launch GPT-5.6 on July 9, bringing the Sol, Terra, and Luna models to global users.
Saudi Arabia Proposes UN Resolution on Women in Cybersecurity
Saudi Arabia’s proposed UN resolution to empower women in cybersecurity has been unanimously adopted by the UN Human Rights Council.
Saudi CST Launches 6G NTN Research Competition to Advance Telecommunications
Saudi Arabia’s CST has launched a research competition focused on Non-Terrestrial Networks for 6G technology to advance telecom innovation.
DeepSeek Initiates Development of Proprietary AI Chip to Enhance Infrastructure Independence
DeepSeek is developing its own proprietary AI chip to reduce supplier dependence and improve model efficiency, reflecting a global trend toward infrastructure independence.
Zain KSA and Red Hat Partner to Advance AI Infrastructure
Zain KSA has partnered with Red Hat to develop technological infrastructure and enhance AI service readiness in Saudi Arabia.
Saudi Cabinet Approves Unified Visa Platform for Ministry of Foreign Affairs
The Saudi Cabinet has approved 12 new decisions, including the establishment of a unified visa platform at the Ministry of Foreign Affairs to improve digital services.