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

Toyota Gazoo Racing Claims One-Two Finish at Rally Estonia
Toyota Gazoo Racing secured a dominant one-two finish at Rally Estonia, with Sami Pajari and Marko Salminen claiming their first WRC victory.

Dun & Bradstreet Integrates Risk Data into Anthropic Claude
Dun & Bradstreet has integrated its risk data into Anthropic’s Claude to automate enterprise compliance and due diligence workflows.

LG Sustainability Report Highlights Accelerated Carbon Reduction and Governance Updates
The latest LG sustainability report reveals that the company has surpassed its 2030 carbon reduction and waste recycling targets ahead of schedule.

Bell Textron Completes 700th Bell 505 Delivery at Farnborough
Bell Textron has delivered its 700th Bell 505 helicopter to a private VIP operator during the Farnborough International Airshow 2026.

GM Middle East Reports SUVs and Pickups Accounted for 44 Percent of Sales Over 25 Years
General Motors Middle East reports that full-size SUVs and pickups made up 44 percent of its sales over the last 25 years, totaling nearly 1 million vehicles.

Absher Launches Digital Vehicle Plate Wallet Service
The Saudi Absher platform has introduced a digital vehicle plate wallet, allowing users to manage and transfer plates via the app.

ASML Approaches One Trillion Dollar Valuation on Surging AI Chip Demand
The market valuation of Dutch semiconductor giant ASML is nearing $1 trillion, driven by global demand for AI chips and advanced lithography systems.

FLOATY Studio Secures $1 Million Funding Led by Merak Capital
FLOATY Studio has secured $1 million in a funding round led by Merak Capital to expand its mobile gaming portfolio globally.

Honda Racing Saudi Arabia Secures Podium Finishes in Championship Opening Rounds
Honda Racing Saudi Arabia secured multiple second-place finishes during the opening rounds of the 2026 championship in Taif.

GEOSA Updates Riyadh Geospatial Data with 300,000 Points
GEOSA has launched a national initiative to collect and classify over 300,000 points of interest in Riyadh, updating the national database for urban planning.
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

Mawhiba Summer Programs Launch for 10,000 Saudi Students
Mawhiba has launched its 2026 summer programs, providing over 10,000 Saudi students with advanced training in AI, robotics, and space science.

Saudi Arabia and South Korea Expand Digital Economy Cooperation
Saudi Arabia and South Korea have expanded their strategic technology partnerships following high-level ministerial meetings in Seoul focusing on AI and semiconductors.

Riyadh to Host World’s Largest Cybersecurity Challenge at Black Hat MEA 2026
Riyadh will host the world’s largest cybersecurity challenge at Black Hat MEA 2026, featuring over SAR 790,000 in prizes and the top 150 global teams.

Ezdehar Allaf Appointed as First Female Managing Director in Tawafa Sector
Ezdehar bint Ahmed Khalil Allaf has been appointed as the Managing Director of Ashraqat, becoming the first Saudi woman to hold this leadership role in the Tawafa sector.

DP World Deploys 35 Electric Terminal Tractors at Jeddah Islamic Port
DP World has deployed 35 new electric terminal tractors at Jeddah Islamic Port, expanding its fleet capacity by over 20% and reducing emissions.

Fynd Launches AI-Native Fashion Design and Production Platform in the GCC
Fynd has launched its AI-native Fynd Create platform in the GCC, connecting fashion design, sourcing, and production to improve retail productivity.

Saudi Arabia and China Strengthen Strategic Technology and Space Partnerships
Saudi Minister Abdullah Alswaha led a high-level delegation to Beijing, meeting with Chinese officials and tech executives to expand bilateral cooperation.

Zefr Expands Brand Safety Solutions in GCC and Türkiye
Zefr has partnered with Black C Media and RedC Media to expand its AI-powered brand safety and suitability solutions across Türkiye, Egypt, and the GCC region.

Dokainish & Company CEO Joins Canadian Prime Minister at Canada-Saudi Business Forum
Tarik Dokainish, CEO of Dokainish & Company, joins Canadian Prime Minister Mark Carney at the Canada-Saudi Business Forum in Jeddah to strengthen bilateral trade.

AutoData Middle East Establishes Local Entity in Saudi Arabia to Support Insurance Sector
AutoData Middle East has established a local entity in Riyadh to provide direct automotive data solutions and support for Saudi Arabia’s growing insurance sector.

Aramco Ventures Leads $800 Million Funding Round for Together AI
Aramco Ventures has led an $800 million Series C funding round for Together AI, valuing the open-source infrastructure provider at $8.3 billion.

Keeta Releases White Paper on Saudi Digital Economy at LEAP East
Keeta released a white paper at LEAP East in Hong Kong, detailing the growth of the Saudi digital economy and food delivery trends.
