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

Yango Group Named Among Best Workplaces in Technology Middle East 2026
Yango Group has been recognized among the Best Workplaces in Technology Middle East 2026 by Great Place to Work.

Al Masaood Automobiles Launches Summer Service Campaign for Nissan, INFINITI, and Renault
Al Masaood Automobiles has introduced its Summer Service Campaign in Abu Dhabi, offering discounts on parts and labour alongside complimentary A/C checks.

Sanabil Accelerator Announces Batch 11 Startups
The Sanabil Accelerator has selected eight startups from over 690 applications for its eleventh cohort, focusing on AI, fintech, and healthcare.

Intercept Health Initiative Launches with $500 Million to Eliminate Respiratory Infections
The Intercept health initiative has launched with 500 million dollars in funding to eliminate common respiratory infections globally.

Grow Tourism Incubator Completes First Cohort with 30 Startups
The Tourism Development Fund completed the first edition of its tourism incubator, supporting 30 startups with mentorship, workshops, and international training.

OpenAI Jalapeño Chip Unveiled with Broadcom Partnership
OpenAI and Broadcom have introduced the Jalapeño chip, a custom AI accelerator designed to optimize large language model inference and improve power efficiency.

Infobip and Digitas Expand Partnership to Deploy AI-Driven Customer Engagement
Infobip and Digitas Middle East have expanded their strategic partnership to deliver AI-driven customer engagement solutions for global brands across MENA and APAC.

Tourism Growth Incubator Concludes First Cohort Supporting 30 Startups
The Tourism Development Fund has concluded the first cohort of its tourism incubator, supporting 30 startups with mentorship and international training.

OpenAI and Broadcom Unveil Custom Jalapeño Inference Chip
OpenAI and Broadcom have introduced Jalapeño, a custom silicon chip designed to optimize large language model inference with improved power efficiency.

Prince Sattam bin Abdulaziz University Advances 250 Positions in Global Rankings
Prince Sattam bin Abdulaziz University rose over 250 positions in the Times Higher Education Impact Rankings 2026, entering the global top 300 band.

KAUST Enters Global Top 50 in THE Impact Rankings 2026
KAUST has entered the top 50 of the Times Higher Education Impact Rankings 2026, placing 48th globally for its contributions to sustainability.

Knowledge Economic City Showcases Madinah Investment Opportunities at FHS 2026
Knowledge Economic City presented its SAR 24 billion real estate portfolio at the Future Hospitality Summit 2026 in Riyadh.

Siemens Report Highlights Middle East Infrastructure Transition Progress
The Siemens 2026 Middle East Infrastructure Transition Monitor reveals that 66% of regional executives support accelerating the energy transition, outperforming global averages.

Getty Images Partners with OpenAI to Integrate Licensed Visuals into ChatGPT
Getty Images has officially partnered with OpenAI to integrate its licensed visual assets directly into ChatGPT search results.

Snap and Kearney Launch Saudi Digital Ad Maturity Framework
A new study by Snap and Kearney MEA reveals a gap between digital ad spend and e-commerce outcomes in Saudi Arabia, introducing a new maturity framework.

How Shuja Rabbani is Redefining HR Leadership Across the GCC Region
Shuja Rabbani is redefining human resources strategy in the GCC, focusing on AI integration, workforce resilience, and organizational transformation.

Nvidia AI Chips Prices Double on China Black Market Amid US Crackdown
Black market prices for Nvidia AI chips have doubled in China as US export restrictions squeeze supply routes and drive up local cloud computing costs.

Sakana Fugu Launches as Multi-Agent AI Orchestrator to Hedge Single-Vendor Risks
Sakana AI has launched Fugu, a multi-agent orchestration platform designed to coordinate frontier LLMs and mitigate single-vendor dependency risks.

Rotana Confirms 10-Property Pipeline and Strategic MoU with Saudi Tourism Authority
Rotana has confirmed a 10-property pipeline in Saudi Arabia, targeting 23 hotels by 2027 and signing a strategic MoU with the Saudi Tourism Authority.

ACCIONA Secures Cleaning Services Contract for Haramain High-Speed Railway
ACCIONA has been awarded a three-year contract to provide technical cleaning and housekeeping services for the Haramain High-Speed Railway network.

Vision Golfe 2026 Forum Strengthens France-GCC Economic Cooperation in Paris
The Vision Golfe 2026 forum in Paris gathered over 1,200 participants and five ministers to accelerate economic partnerships and trade between France and the GCC.

DeepFest 2026 Returns to Riyadh as Saudi Arabia Marks Year of Artificial Intelligence
DeepFest 2026 returns to Riyadh from August 31 to September 3, co-located with LEAP 2026, to showcase real-world artificial intelligence deployments.
