Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Industrial Control Systems Face Rise in Cyberattacks Globally
A new Kaspersky report reveals that 19.6% of industrial control systems faced blocked malware in Q1 2026, with manufacturing sectors seeing increased threats.
UBS Report Details the Evolution of Football into a Global Industry
A new UBS report details how football is transitioning from a cultural sport into a highly structured global industry with diversified revenue streams.
AMD Commits £2 Billion to Expand AI Infrastructure and Research in the UK
AMD has announced a five-year, £2 billion investment plan in the United Kingdom to expand AI infrastructure, support scientific research, and build academic partnerships.
LG Electronics Expands Local HVAC Manufacturing in Saudi Arabia with MULTI V S Production
LG Electronics has expanded its local HVAC manufacturing in Saudi Arabia with the launch of MULTI V S production at the LG-Shaker facility in Riyadh.
Mastercard Cyber Pulse Report Highlights Key Vulnerabilities in EEMEA Digital Economy
The Cyber Pulse Report by Mastercard reveals that 44% of cyberthreats in EEMEA target public, tech, and financial sectors, raising breach costs.
LYNX Racing Team Wins STEM Competition and Qualifies for Global Finals
The LYNX Racing Team won first place in the local STEM Racing competition, securing a spot in the upcoming global championship.
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Mastercard Cyber Pulse Report Identifies Key Vulnerabilities Across EEMEA Region
The inaugural Mastercard Cyber Pulse Report highlights critical vulnerabilities in EEMEA, where public, tech, and financial sectors face 44% of cyberthreats.
Time Atlas App Launches Trip Stories Feature to Automate Travel Memories
Time Atlas Labs has introduced Trip Stories, an automated travel tracking feature for its iOS application.
Capcom Announces Resident Evil Veronica Remake Scheduled for 2027 Release
Capcom has officially announced that Resident Evil Veronica is scheduled for release in 2027, remaking the classic 2000 survival horror game.
SDAIA AI Governance Frameworks Launched in Saudi Arabia
SDAIA has introduced new regulatory frameworks and 10 key documents to govern data protection and artificial intelligence ethics in Saudi Arabia.
Redmi K100 Pro Leaked Specifications Point to September Launch
Leaked specifications for the Redmi K100 Pro suggest a September 2026 launch featuring an 8500mAh battery and Snapdragon 8 Elite Gen 5 processor.
Apple Expands App Store Capabilities for Global Developers
Apple has announced major updates to the App Store, introducing group subscriptions, centralized asset management, and enhanced discovery tools for developers.
Vertiv and Partners Sign Framework Agreement for GCC Data Center Infrastructure
Vertiv, Edge-Serve, IRCL, and PDC have signed a framework agreement to develop converged data center infrastructure across the GCC region.
First Esports Carnival KSA Riyadh Edition Concludes at View Mall
The first Riyadh edition of the Esports Carnival KSA concluded at View Mall, featuring a SAR 100,000 prize pool and interactive gaming zones.
Air Cargo Digitalization Faces Unique Operational Challenges Despite Global Progress
Air cargo digitalization continues to face unique operational complexities, though global initiatives like IATA’s ONE Record are driving steady progress.
Skills-Based Hiring Becomes Saudi Recruitment Standard
A new Coursera report reveals that 99% of Saudi employers are adopting skills-based hiring, with a strong preference for candidates holding generative AI credentials.
Anthropic to Rename Flagship Model to Claude Mythos 5
Anthropic is reportedly dropping the Opus brand for its next flagship AI model, choosing to name the upcoming release Claude Mythos 5 instead.
SDAIA and World Bank Organize 25 Sessions on AI Governance in Europe
SDAIA and the World Bank are hosting 25 specialized sessions in Belgium and Germany to discuss international AI governance and regulatory frameworks.
CIPS MENA Futures Forum to Address AI and Supply Chain Resilience in Riyadh
The CIPS MENA Futures Forum in Riyadh will explore how artificial intelligence and supplier risk management are transforming regional procurement.
PIF and Talaat Moustafa Group Saudi Sign MoU for Real Estate Projects
PIF and Talaat Moustafa Group Saudi have signed a non-binding MoU to collaborate on mixed-use real estate projects across the Kingdom.
Claude 5 Mythos API Endpoint Briefly Appears Online
An API endpoint for Claude 5 Mythos appeared briefly online, marking the second major release signal from Anthropic within 48 hours.
SpaceX Secures Massive $11 Billion Annual Compute Agreement with Google
SpaceX has signed an $11 billion annual compute agreement with Google, marking one of the largest infrastructure deals in history.