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

Prince Sattam bin Abdulaziz University Rises in QS World University Rankings
Prince Sattam bin Abdulaziz University has advanced 50 positions in the 2027 QS World University Rankings, securing 677th place globally.

Midjourney Medical Unveils Revolutionary 60-Second Full-Body Scanner
Midjourney Medical has announced a revolutionary 60-second full-body ultrasonic scanner and plans to launch luxury health spas starting in 2027.

Madkhol Capital Partners with anb Capital and Derayah Financial
Madkhol Capital has announced strategic partnerships with anb Capital and Derayah Financial to expand digital investment opportunities for Saudi investors.

Microsoft Selects Checkout.com to Power EMEA Transactions
Microsoft has partnered with Checkout.com to manage digital transactions across the EMEA region, integrating AI-powered optimization for Xbox, Azure, and Microsoft 365.

HPE Unifies Channel Operations with Juniper Networks Under Single Program
HPE is consolidating its channel operations with Juniper Networks under the unified HPE Partner Ready Vantage program starting November 2026.

ClearSkies Launches DNS Shield to Protect Saudi Organizations
ClearSkies has launched its DNS Shield solution in Saudi Arabia to protect public and private organizations from sophisticated DNS-layer cyber threats.

DeepSeek Secures $7.4 Billion in Funding to Become Most Capitalized AI Lab Outside US
DeepSeek has closed a massive $7.4 billion funding round led by Tencent and CATL, valuing the AI lab up to $59 billion.

Busworld Türkiye 2026 Commences in Istanbul with Record Expansion
Busworld Türkiye 2026 has officially launched in Istanbul, expanding its exhibition space to 11,358 square meters with 161 global exhibitors.

Global Airports Forum Returns to Riyadh for Fifth Edition
The fifth Global Airports Forum will take place in Riyadh this November, focusing on airport infrastructure, smart technologies, and international collaboration.

France Ends Palantir Intelligence Contract in Sovereign AI Push
France has launched a sovereign AI push, ending its intelligence agency’s contract with Palantir to invest €655 million in local technology.

UiPath Launches Maestro Case to Orchestrate Dynamic Enterprise Business Processes
UiPath has launched Maestro Case, an AI-native case management tool designed to coordinate robots, people, and data across complex enterprise workflows.

FREELANDER 8 Dimensions and Specifications Officially Revealed
The official FREELANDER 8 dimensions have been announced, measuring 5,118 mm in length, ahead of its upcoming Middle East launch.

Emirates Launches Updated Travel Insurance Product with Conflict Coverage
Emirates has updated its travel insurance product in partnership with Travel Guard, adding conflict-related medical coverage and trip extensions.

Al Masaood Automobiles Announces Weekend Promotional Pricing on INFINITI and Renault Models
Al Masaood Automobiles has announced a four-day promotional campaign in Abu Dhabi, offering structured monthly payments on INFINITI and Renault models.

Huawei Leads Global Wrist-Worn Device Shipments in Q1 2026
Huawei secured the top spot in global wrist-worn device shipments for Q1 2026, capturing a 20.2% market share with 9.5 million units shipped.

Knowledge Economic City to Showcase SAR 24 Billion Madinah Portfolio at Future Hospitality Summit
Knowledge Economic City will showcase its SAR 24 billion real estate portfolio and 42,000 hospitality keys at the upcoming Future Hospitality Summit in Riyadh.

SpaceX Enters Agreement to Acquire AI Coding Startup Cursor for $60 Billion
SpaceX has entered a formal agreement to acquire AI coding startup Cursor for $60 billion in stock, aiming to expand its artificial intelligence capabilities.

Dreame Robot Vacuum Achieves Top Global Sales and Revenue Spot in Q1 2026
Dreame Robot Vacuum secured the top spot in global sales and revenue for Q1 2026, according to data from IDC.

Hewar Group Launches ThinkMate Digital Framework in Saudi Arabia
Hewar Group has launched ThinkMate, a new digital and AI framework designed to support structured technology adoption across its marketing and communications operations in Saudi Arabia.

JOSLOC and Leader Express Partner to Expand Service Network in Saudi Arabia
JOSLOC and Leader Express have signed an agreement to expand their co-branded service centers across Saudi Arabia, offering integrated vehicle maintenance.

TCS and Anthropic Form Global Partnership to Scale Enterprise AI Adoption
TCS and Anthropic have partnered to scale enterprise AI adoption, equipping 50,000 employees with Claude licenses and targeting highly regulated sectors.

Wahed Partners with Qatar Awqaf to Build AI Shariah Screening Platform
Wahed MENA has partnered with Qatar’s General Directorate of Endowments to develop an AI-powered Shariah equity screening platform.
