Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Yalla Group Concludes Participation in Saudi eLeague 2026
Yalla Group has concluded its active participation in the Saudi eLeague 2026 in Riyadh, showcasing its flagship apps and supporting the women’s tournament.
Sony RIALTO 65 Image Sensor Block for VENICE 2 Announced
Sony has announced the development of the RIALTO 65, a new 65mm format image sensor block designed for the VENICE 2 digital cinema camera.
Red Sea Global Launches Red Sea Waves Vol. 2 Album
Red Sea Global has released Red Sea Waves Vol. 2, integrating traditional Saudi music into its sustainable tourism destination.
China Initiates Regional 6G Trials to Test Future Industrial Applications
China has launched a collaborative pilot program across multiple provinces to test 6G applications in maritime and manufacturing sectors ahead of a projected 2030 commercial rollout.
VinFast VF 8 Completes Global Testing Ahead of Middle East Expansion
The VinFast VF 8 electric SUV has completed rigorous global testing, establishing a strong aftersales network and warranty program for Middle East buyers.
Riyadh Air Receives First Two Boeing 787 Dreamliner Aircraft
Riyadh Air has officially received its first two Boeing 787 Dreamliner aircraft, marking a major step toward launching commercial operations.
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Arab Private Sector Faces Digital Shift Driven by Artificial Intelligence
The Arab private sector is undergoing a major digital shift driven by artificial intelligence, according to a recent seminar in Cairo.
AliExpress Summer Sale Launches in Saudi Arabia
AliExpress has launched its Summer Sale in Saudi Arabia with discounts up to 80% and an expanded Brand+ channel featuring 2,000+ authenticated brands.
ASMO Appoints Nico Schuetz as Chief Executive Officer to Lead Regional Operations
ASMO has appointed Nico Schuetz as its new Chief Executive Officer, effective June 1, 2026, to lead its expanding logistics and procurement operations from Dammam.
Financial Fragmentation Costs Global Economy Up to $307 Billion Annually
A new World Economic Forum report reveals that financial fragmentation costs the global economy up to $307 billion annually, driving inflation and impacting allied nations.
World Cup Fraud Campaign Targets Fans Ahead of 2026 Tournament
Cybersecurity researchers have exposed a massive fraud campaign targeting the 2026 FIFA World Cup, involving over 4,300 fake domains and sophisticated phishing networks.
Sharjah Islamic Bank Partners with University of Sharjah
Sharjah Islamic Bank and the University of Sharjah have signed an MoU to collaborate on financial literacy, training, and talent acquisition.
Microsoft Launches Seven Independent AI Models at Build 2026
Microsoft has launched seven independent AI models trained from scratch, marking a major shift in its development strategy at Build 2026.
Fluke FEV500 Launched in Saudi Arabia to Support Fast DC EV Charging Infrastructure
Fluke Corporation has launched the FEV500 testing solution in Saudi Arabia to support the Kingdom’s rapid expansion of fast DC Level 3 EV charging stations.
Context Analytics Launches Podcast Sentiment Feed for Institutional Investors
Context Analytics has launched a new quantitative sentiment feed that transcribes and scores financial podcasts for institutional investors.
AMAK Launches Advance Drilling Co for Mining Exploration
AMAK has established Advance Drilling Co, a wholly owned subsidiary with SAR 100 million capital, to provide exploration drilling services in Saudi Arabia.
Almarai Prize Opens 2026 Cycle for Dryland Food Security Research
The 2026 cycle of the Almarai Prize has officially opened, offering a USD 500,000 award for scientific research that addresses food security challenges in dryland regions.
Mashreq Launches Off-Plan Home Loan Financing for UAE Residents
Mashreq has introduced a new off-plan home financing option for UAE residents, featuring zero pre-approval fees and repayment tenures of up to 25 years.
Brahms Chouity Launches fyuze AI Platform in London Targeting Middle East Creator Economy
Brahms Chouity has launched fyuze, a London-based AI platform designed to bring data-driven structure to the creator economy in the Middle East.
ThinkMarkets Launches ChelseaAI for Conversational CFD Trading
ThinkMarkets has launched ChelseaAI, a new tool connecting live trading accounts directly to AI assistants via the Model Context Protocol.
Checkout and Nahdi Partner to Enhance Digital Payment Performance Across the GCC
Nahdi Medical Company has partnered with Checkout to optimize its digital payment systems and improve transaction success rates across the GCC.
BHM Capital Activates Amman Stock Exchange Trading via Tabadul Platform
BHM Capital has activated direct trading access to the Amman Stock Exchange for UAE clients through the Tabadul platform.