Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
ZATCA Detects Tax Violations in 61,000 Inspections
ZATCA detected multiple tax violations during 61,000 inspections in Q2 2026, targeting retail, gold, and tobacco sectors.
Saudi Arabia Expands Digital Infrastructure and AI Cooperation in China
Saudi Arabia’s Minister of Communications and Information Technology led a high-level delegation to Shenzhen to discuss AI, robotics, and cloud solutions.
Saudi Minister Meets Scholarship Students in China to Discuss Tech Future
The Saudi Minister of Communications met with scholarship students in China to discuss localizing advanced technologies and boosting the digital economy.
MEF and VodafoneThree Block 2 Million Fraudulent SMS Messages
A joint initiative between MEF and VodafoneThree has successfully blocked 2 million fraudulent banking SMS messages before they reached customers.
Saudi Arabia Ranks First Globally in ICT Development Index
Saudi Arabia has secured the top global position in the 2026 ICT Development Index, reflecting major investments in digital infrastructure.
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Uvera Seed Round Closed with Morgan Stanley Support
Saudi deep-tech startup Uvera has closed its Seed funding round with backing from Morgan Stanley, LAB7, and Core Vision to expand its food preservation platform.
Growth-Stage Bridge Connects Global Fintechs with Saudi Market
An analysis of the strategic initiatives connecting international growth-stage financial technology companies with expanding opportunities in Saudi Arabia.
Middle East Accelerates Digital Infrastructure Expansion
Middle East governments and telecom operators are accelerating digital infrastructure expansion through massive investments in fiber networks.
EXEED Riyadh Fan Zone Launches at Laysen Valley
Arabian Heritage Motors has launched the EXEED Riyadh Fan Zone at Laysen Valley, welcoming nearly 500 guests to a premium football viewing experience.
AI Principles in Media Project Recognized at WSIS Prizes 2026
The Saudi AI Principles in Media project has secured a certificate of recognition at the WSIS Prizes 2026 in Geneva for promoting responsible technology use.
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
Saudi Arabia Deploys AI to Optimize Hajj Telecom Networks
Saudi Arabia is deploying artificial intelligence and 5G technologies to optimize telecom networks during the Hajj season, ensuring reliable connectivity for millions of pilgrims.
Saudi Digital Economy Reaches $139 Billion After 75% Growth
The Saudi digital economy has reached a value of $139 billion following a 75% growth rate over the past eight years, driven by infrastructure expansion.
Saudi Arabia Launches AI-Powered Insights Tool for National Data Analysis
Saudi Arabia has launched the AI-powered Insights tool to simplify national data analysis and support decision-making across government entities.
Shahbandar Rebrands to Komrz and Launches Komi AI Agent
Shahbandar has rebranded to Komrz and launched its new Komi AI assistant to drive expansion into the GCC and European e-commerce markets.
European Committee Proposes Social Media Ban for Children
A European expert committee is set to recommend a social media ban for children across the EU, reflecting a growing global trend of digital age restrictions.
C3 and HSBC Launch Nature Impact Accelerator to Scale Habitat Restoration
Companies Creating Change (C3) has partnered with HSBC to launch a new program supporting habitat restoration across MENAT and Southeast Asia.
Fire Protection Summit to Address Infrastructure Resilience and AI Safety Systems in Riyadh
The Fire Protection Summit will take place in Riyadh this November, focusing on AI-enabled safety systems and infrastructure resilience.
Dream of the Desert Establishes Riyadh Headquarters and Appoints General Manager
Dream of the Desert has opened its permanent Riyadh headquarters and appointed Raffaele Breschi as General Manager, marking its transition into the delivery phase.
Neolix Targets Saudi Arabia for Autonomous Delivery Robot Expansion
Chinese autonomous delivery robot company Neolix is targeting Saudi Arabia for expansion as part of its global growth strategy.
Nuclear Authority Launches Uboor Digital Platform for Transit Permits
Saudi Arabia’s Nuclear and Radiological Regulatory Authority has launched a new digital system to automate transit permits for radioactive materials.
Infrastructure Financing Reshaped by AI and Sovereign Funds
AIIB Chief Investment Officer Konstantin Limitovskiy outlines how AI and sovereign wealth funds will drive the next decade of regional infrastructure development.
Saudi Arabia Secures Top Spot in Global Cybersecurity Index for 2026
Saudi Arabia has maintained its first-place position in the IMD World Competitiveness Yearbook’s cybersecurity index for 2026, marking three consecutive years of global leadership.