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

SME Confidence Index Shows 75% of Saudi Small Businesses Confident in Growth
The latest SME Confidence Index reveals that 75% of Saudi small business leaders remain confident about their growth prospects over the next 12 months.

Ford Secures Top Mainstream Brand Ranking in JD Power 2026 Quality Evaluation
Ford has ranked as the top mainstream brand in the JD Power 2026 U.S. Initial Quality Study, marking its highest position since 2010.

DCO Launches Ethical AI Guidebook for Global Policymakers in Geneva
The Digital Cooperation Organization has launched a new guidebook in Geneva to help global policymakers establish safe and trustworthy AI governance frameworks.

Saudi Arabia Leads Development of Global E-Waste Regulations
A Saudi global initiative has successfully developed new regulations for electronic waste management, reflecting the Kingdom’s commitment to environmental sustainability.

Saudi Arabia Builds Strongest AI Infrastructure to Connect East and West
Saudi Arabia is building its strongest AI infrastructure to connect the East and West, supporting the goals of Vision 2030.

OpenAI to Release GPT-5.6 Models to the Public on July 9
OpenAI has secured regulatory approval to launch GPT-5.6 on July 9, bringing the Sol, Terra, and Luna models to global users.

Saudi Arabia Proposes UN Resolution on Women in Cybersecurity
Saudi Arabia’s proposed UN resolution to empower women in cybersecurity has been unanimously adopted by the UN Human Rights Council.

Saudi CST Launches 6G NTN Research Competition to Advance Telecommunications
Saudi Arabia’s CST has launched a research competition focused on Non-Terrestrial Networks for 6G technology to advance telecom innovation.

DeepSeek Initiates Development of Proprietary AI Chip to Enhance Infrastructure Independence
DeepSeek is developing its own proprietary AI chip to reduce supplier dependence and improve model efficiency, reflecting a global trend toward infrastructure independence.

Zain KSA and Red Hat Partner to Advance AI Infrastructure
Zain KSA has partnered with Red Hat to develop technological infrastructure and enhance AI service readiness in Saudi Arabia.
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 Cabinet Approves Unified Visa Platform for Ministry of Foreign Affairs
The Saudi Cabinet has approved 12 new decisions, including the establishment of a unified visa platform at the Ministry of Foreign Affairs to improve digital services.

Saudi Arabia Participates in UN AI Governance Dialogue in Geneva
Saudi Arabia participated in the UN AI governance dialogue in Geneva, holding bilateral meetings with international ministers to discuss digital economy partnerships.

SDAIA Launches Public Consultation on Personal Data Protection Guidelines
SDAIA has invited public feedback on three draft guidelines for licensing personal data protection activities and issuing accreditation certificates via the Istitlaa platform.

SDAIA President Discusses Global AI Governance and Ethical Frameworks in Geneva
SDAIA President Dr. Abdullah bin Sharaf Alghamdi met with global leaders in Geneva to discuss international AI governance, ethical frameworks, and upcoming initiatives in Riyadh.

ACHEMA Middle East Rescheduled to October 2027 in Riyadh
The inaugural ACHEMA Middle East exhibition has been rescheduled to October 2027 at the Riyadh Front Exhibition & Conference Center.

Johnson Controls Arabia Retains Customer Experience ISO Certifications for Fifth Year
Johnson Controls Arabia has renewed its customer experience ISO certifications for the fifth consecutive year, becoming the first Saudi company to achieve this milestone.

Misk Traineeship Program Expands with Hyundai Motor Group
The Misk traineeship program has expanded its partnership with Hyundai Motor Group to train 10 Saudi students and graduates in Seoul.

stc group Wins Sukuk and Bond Deal of the Year 2025 Award
stc group has been awarded the Sukuk and Bond Deal of the Year 2025 following its successful USD 2 billion international debt issuance.

Nissan Tekton crossover Global Debut Scheduled for July 9
Nissan will host the global digital debut of its new Tekton crossover on July 9, 2026, broadcasting live from its manufacturing hub in India.

SAL Logistics Services Partners with Energy and Water Academy
SAL Logistics Services has signed an MoU with the Energy and Water Academy to expand training and develop national talent in the logistics sector.

SRMG Media Solutions Integrates TikTok Advertising with Regional Media Portfolio
SRMG Media Solutions has partnered with TikTok to integrate digital advertising solutions with the region’s largest media portfolio.

Saudi Aramco Partners with Australian Firm for Digital Operations
Saudi Aramco has partnered with an Australian firm to integrate advanced digital systems into its operations, focusing on automated coordination tools.
