Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Group-IB Identifies Top Ten Cybersecurity Threat Actors of 2026
Group-IB has released its top ten cybersecurity threat actors report for 2026, highlighting a major shift toward supply chain attacks.
Kyndryl Launches Sovereignty Readiness Assessment to Support Business Continuity
Kyndryl has launched its new Sovereignty Readiness Assessment to help organizations manage data residency risks and operational dependencies across hybrid IT environments.
Lenovo and NHC Innovation Sign Digital Infrastructure Agreement in Saudi Arabia
Lenovo and NHC Innovation have signed a memorandum of understanding to develop AI and digital infrastructure solutions for Saudi Arabia’s housing sector.
HUAWEI MatePad Pro Max Officially Launches in Saudi Arabia
The HUAWEI MatePad Pro Max has officially launched in Saudi Arabia, featuring a 3K Flexible OLED display and an ultra-thin 4.7 mm design.
DHL Report Highlights Rapid E-Commerce Growth and AI Adoption in the UAE
The DHL eCommerce Trends Report 2026 reveals rapid digital adoption in the UAE, with 91% of businesses using AI and 51% of shoppers using AI chat tools.
Sweid & Sweid Launches 390,000 Sq. Ft. Battery Manufacturing Facility in Virginia
Dubai-based Sweid & Sweid has launched a 390,000 sq. ft. build-to-suit manufacturing facility in Virginia, USA, to serve as the global headquarters for Microporous LLC.
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IMAN Holdings Plans 100 Million Dollar Fundraise for GCC Expansion
IMAN Holdings has announced plans to raise 100 million dollars to expand its AI-powered Islamic banking platform into the GCC region.
HONOR Launches HONOR Magic V6 and Enterprise Division in Riyadh
HONOR has officially launched its latest foldable smartphone alongside its new enterprise division, HONOR Business, at an event in Riyadh.
Cisco AI Study Reveals Growing CEO Optimism and Investment Fears
A new Cisco survey of 2,500 CEOs shows rising optimism alongside growing fears of underinvesting in artificial intelligence.
Keiretsu Forum MENA Partners with FinBursa to Deploy Deal Infrastructure
Keiretsu Forum MENA has partnered with FinBursa to deploy a new deal infrastructure platform, streamlining private market investments and startup advisory services across the region.
THUDM Open-Sources Slime: The Reinforcement Learning Framework Behind Zhipu AI’s GLM-5.2
THUDM has open-sourced Slime, the reinforcement learning framework behind Zhipu AI’s GLM-5.2 model, enabling rapid post-training scaling.
Red Hat AI 3.4 Simplifies Autonomous Agent Deployment Across Hybrid Clouds
Red Hat AI 3.4 has been updated to simplify the development and deployment of autonomous agents across hybrid cloud environments.
Straive Acquires NextGen Invent to Expand AI Capabilities
Straive has acquired NextGen Invent to integrate specialized AI engineering expertise and expand its global data operationalization capabilities.
LG Electronics Launches LG MAGNIT Micro LED for Control Rooms
LG Electronics has launched its new LG MAGNIT Micro LED display, designed specifically for professional control rooms and mission-critical environments.
Robo.ai Announces Proposed Acquisition of QC Capital for $60 Million
Robo.ai has entered into an agreement to acquire 100% of QC Capital for US$60 million in Class B ordinary shares.
Arabian Ethicals Achieves ISO 31000:2018 Certification for Risk Management
Arabian Ethicals has achieved the ISO 31000:2018 certification, establishing a structured risk management framework to secure healthcare supply chains in the UAE.
Athar Festival 2026 Announces New Content Streams and Refreshed Awards in Riyadh
Athar Festival 2026 returns to Riyadh this November with four new content streams and a updated awards framework for the creative marketing industry.
Global Investment Summit 2026 Launches in Paris
The Global Investment Summit 2026 will launch in Paris this September, targeting USD 28.59 billion in European investments into the GCC region.
Emircom and Ciena Launch New Optical Networking Hub in Riyadh
Emircom and Ciena have opened a new optical networking hub in Riyadh to support Saudi Arabia’s digital infrastructure and high-capacity connectivity demands.
AIM Talks China 2026 Drives UAE-China Economic and Smart Mobility Alignment
The UAE delegation concluded strategic meetings in Guangzhou during AIM Talks China 2026, focusing on smart mobility, AI, and trade alignment.
Vertiv Completes Acquisition of ThermoKey to Expand Data Center Cooling Portfolio
Vertiv has completed its acquisition of ThermoKey to expand its thermal management capabilities and support high-density computing in AI data centers.
Unifonic and Ideem Partner to Deploy Passwordless Authentication in GCC
Unifonic and Ideem have partnered to launch secure passwordless authentication solutions for enterprises across the GCC region.