Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Apple Posts Record $114.5 Billion in Fourth Quarter Revenue for Fiscal 2026
Apple reported record fourth quarter revenue of $114.5 billion, driven by iPhone sales and all-time high Services performance for fiscal 2026.
Tiswa Opens Waitlist for Saudi Student Verification Platform Ahead of App Store Launch
Tiswa has opened early registration for its student verification platform in Saudi Arabia. The free app links enrolled university students with brand discounts.
Bupa Arabia Reports SAR 84 Million in Orphan Healthcare Investment
Bupa Arabia highlighted results from its healthcare initiative at the Global CSR Forum 2026, reporting SAR 84 million invested in orphan care since 2011.
OMODA & JAECOO Outlines Global Vehicle Roadmap and Opens Direct Store in Riyadh
OMODA & JAECOO outlined sales figures and technical platforms while opening its first directly operated retail showroom in Riyadh.
Aramco and PIF Close HUMAIN Transaction with $2.6B Cash Injection
Aramco and PIF have completed a transaction granting Aramco a 49% stake in HUMAIN, supported by $2.6 billion in cash and key computing assets.
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Zoho Analytics Updates Platform with Agentic Intelligence Engine
Zoho Analytics has introduced an agentic intelligence layer to help software agents analyze corporate data and execute operational business tasks.
Apple Earnings Preview: Device Demand and Margins Face Scrutiny
Apple prepares for its quarterly earnings announcement as strong demand for the iPhone Duo collides with memory costs and executive leadership changes.
Tencent Cloud and OmniOps Partner on Enterprise AI in Saudi Arabia
Tencent Cloud and OmniOps have partnered to deliver sovereign computing infrastructure and inference optimization for enterprise AI workloads in Saudi Arabia.
GE Vernova at ADIPEC 2026 Showcases Gas Power and Grid Technologies
GE Vernova will showcase gas power, grid modernization, and carbon reduction systems at ADIPEC 2026 in Abu Dhabi from November 2 to 5.
Hyundai Motor Climbs to 29th Globally as Brand Valuation Reaches $25 Billion
Hyundai Motor climbed to 29th place in Interbrand’s 2026 Best Global Brands ranking, reaching a brand valuation of $25 billion and securing fourth among carmakers.
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
LG Electronics Reports Strong Third-Quarter 2026 Financial Results Driven by Business Solutions
LG Electronics announced third-quarter 2026 consolidated revenue of KRW 23.82 trillion, with cumulative operating profit rising 55.9 percent year-on-year to KRW 4.03 trillion.
SambaNova and Emergys Partner to Accelerate Enterprise Agentic AI Deployment
SambaNova and Emergys have partnered to deploy agentic artificial intelligence platforms for enterprise and sovereign cloud clients worldwide.
Ziina Secures Full UAE Central Bank Payment and Exchange Authorizations
Fintech platform Ziina has secured Category III retail payment and Category IV exchange authorizations from the Central Bank of the UAE.
OMODA and JAECOO Present Sustainable Vehicle Ecosystem and Hybrid Tech in Wuhu
OMODA and JAECOO detailed new hybrid systems, artificial intelligence platforms, and zero-carbon manufacturing operations during their 2026 User Summit in China.
Protectt.ai Acquires Majority Stake in AIShield to Expand Cybersecurity Offerings
Protectt.ai has completed a majority stake investment in AIShield, expanding its defensive capabilities across enterprise mobile and machine learning environments.
StampIQ Outlines Phased Plan for Local RFID Production in Saudi Arabia
StampIQ has outlined plans to develop local RFID manufacturing in Saudi Arabia and confirmed an initial order of 1,000 smart wearables for Hajj.
East Asian Hubs Challenge US Dominance in Global AI Ranking
The Observer’s AI Cities Index reveals East Asian hubs taking six of the top ten spots globally, with Seoul ranking first worldwide in implementation.
TOYOTA RACING Secures Manufacturers World Championship at 6 Hours of Barcelona
TOYOTA RACING secured its eighth FIA WEC manufacturers title with a one-two victory at the 6 Hours of Barcelona, confirming both 2026 world championship trophies.
FedEx Launches Dangerous Goods Road Network Across Five GCC Markets
FedEx has expanded its Middle East road freight capabilities to transport regulated dangerous goods across Saudi Arabia, the UAE, Bahrain, Kuwait, and Oman.
PRYPCO Expands Digital Real Estate Payments with Checkout.com
PRYPCO achieved a 20 percent increase in payment acceptance rates after deploying Checkout.com acquiring tools and tokenization technology across its platforms.
Mastercard and Enjaz Partner to Introduce New Card Products in Saudi Arabia
Mastercard and Enjaz have launched new card products and digital payment solutions in Saudi Arabia to support consumers, travelers, and businesses.
Dubai Future Foundation Unveils Regulatory Testing Environment for Emerging Technologies
Dubai Future Foundation has introduced an initiative to help technology companies overcome regulatory barriers and move software solutions into active commercial deployment.