Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Genetec Identifies Access Control as a Governance and Cybersecurity Priority in the Middle East
Genetec highlights how access control in the Middle East has evolved from door management into a core governance and cybersecurity priority.
EDECS Wins DP World Contract to Modernize Dar es Salaam Port Terminal 1
EDECS Group has secured a DP World contract to redevelop 90,000 square meters across seven operational yards at Tanzania’s Dar es Salaam Port Terminal 1.
HeyBreez Secures $2.5 Million in Seed Funding to Scale Enterprise Voice AI Infrastructure
HeyBreez has raised $2.5 million in seed funding led by Lunara Partners. The investment will accelerate development of its operational enterprise voice AI platform.
Apple Overhauls EU App Store Fees and Eases Rules for Alternative Stores
Apple restructured its EU App Store fees, replacing per-install charges with a 5% commission on outside distributions and easing marketplace rules.
Saudi Digital Economy Expands Through Infrastructure and Global Tech Partnerships
Saudi Arabia has expanded its data center capacity to over 467 megawatts and attracted major cloud providers, driving national digital economy goals.
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Trendyol Introduces Expanded Program and Dedicated Page for Saudi Sellers
Trendyol launched an expanded support initiative for Saudi SMEs, providing a 40 percent commission discount, free ad credits, and field training teams.
Investigation Links Amazon Facility to Destructive Scanning of Rare Books for Model Development
An investigative report reveals Amazon is buying and destructively scanning rare books at a Nevada facility to train language models.
Ministry of Justice Launches Early Settlement Service on Najiz
The Saudi Ministry of Justice has launched a new digital service on Najiz to resolve financial disputes through flexible, automated settlement options.
Saudi Central Bank Raises US Investments 61% to Focus on AI
The Saudi Central Bank increased its US investments by 61.4% to $7.63 billion in Q2 2026, focusing heavily on artificial intelligence and semiconductor stocks.
Azm Saudi Launches AI Employee Agents Across Five Job Roles
Azm Saudi has launched AI employee agents across five job roles, boosting operational efficiency by over 30% on its private infrastructure.
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
Microsoft Arabia President Outlines Strategic AI Priorities for Saudi Arabia
Microsoft Arabia President Ayman Al-Ghamdi outlines the company’s strategic priorities to transition Saudi organizations from AI experimentation to practical business outcomes.
Cisco Outlines Three Core Principles for Operationalizing AI at Scale
Cisco has identified three essential principles to help organizations transition from isolated AI pilots to secure, scalable enterprise operations.
Rosewood AMAALA Opens at Triple Bay Along the Red Sea Coast
Red Sea Global has announced the opening of Rosewood AMAALA at Triple Bay, featuring 110 keys, 26 branded residences, and extensive wellness facilities.
Nvidia Reduces Financial Commitment for OpenAI Ohio Project
Nvidia has scaled back its financial guarantee for OpenAI’s Ohio data center project to under $120 billion following investor concerns over large infrastructure commitments.
Nvidia Discloses $21 Billion Holding in SpaceX
Nvidia has disclosed a $21 billion stake in SpaceX, revealing deep financial and technical ties between the two technology giants.
Saudi Education Minister Announces Curriculum Updates and AI Integration
The Saudi Ministry of Education has announced updates to 22 school subjects and the integration of 50 AI units for the upcoming academic year.
YouTube Updates View Counting System to Match Competitors
YouTube will count views as soon as a video starts playing starting August 24, aligning its metrics with TikTok and Instagram.
Tawakkalna Leads Digital Experience Maturity Index 2026
Tawakkalna has ranked first in beneficiary satisfaction in the 2026 Digital Experience Maturity Index, placing fifth overall among Saudi government platforms.
AI Opens New Growth Avenues for Saudi Enterprises
Artificial intelligence is opening new growth avenues for Saudi enterprises, helping small and medium-sized businesses improve operational efficiency.
Etmad Platform Secures Second Place in Digital Experience Maturity Index
The Saudi government platform Etmad ranked second in the 2026 Digital Experience Maturity Index, scoring 94.36% overall.
Wamdah Tech Expands Applied Technology Programs for Saudi Women Graduates
Wamdah Tech is expanding its applied technology programs for Saudi women graduates to Madinah, Hail, and the Northern Borders with support from Agility.
First Healthcare Technology Manager Pathway Launched in KSA
First Gulf Company and BMET partner to launch Saudi Arabia’s first Certified Healthcare Technology Manager pathway, aligning with Vision 2030.