Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Sharjah Launches Uruk as New Sustainable City Model for Post-AI Era
Sharjah has launched Uruk, a sustainable urban development model integrating clean energy, robotics, and food self-sufficiency for the post-AI era.
Desert Technologies Meets 2025 Sustainability Goals and Cuts 126,000 Tonnes of Emissions
Desert Technologies fulfilled all 13 sustainability targets in 2025, enabling clients to avoid over 126,000 tonnes of emissions while expanding solar projects beyond 200 MW.
Transgulf Readymix Invests in AC3D to Expand Regional Building Tech
Transgulf Readymix has invested in AC3D to expand commercial 3D printing technology across regional construction projects in the GCC.
Aldar Properties Profit Rises 21% to AED 2.25 Billion Despite Slower Sales
Aldar Properties posted a 21% net profit increase to AED 2.25 billion in Q3 2026, despite a 45% decline in new UAE property sales.
LG Electronics Reaffirms Sustainability Initiatives Aligned with Saudi Vision 2030
LG Electronics marked World Sustainability Day by detailing its green operational targets and corporate alignment with Saudi Vision 2030 in Riyadh.
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Saudi Organisations Lose $1.95 Million Annually to Insider Security Incidents
Saudi organisations lose an average of $1.95 million annually to insider security incidents, with autonomous AI systems accounting for twenty percent of events.
iSolution Earns Great Place to Work Certification in Saudi Arabia and UAE
iSolution has earned the Great Place To Work certification in Saudi Arabia and the UAE, following positive feedback from staff on culture and professional growth.
Big Tech Faces Investor Pressure to Justify AI Spending as Cloud Earnings Arrive
Big Tech firms face intense scrutiny over whether hundreds of billions in cloud investments can yield matching returns this earnings season.
Gulf Businesses Face Productivity Risks Over Information Gaps in Frontline Workforce
A study by Forrester Consulting and Staffbase reveals that frontline information gaps risk undermining Gulf investments in enterprise technology and operational efficiency.
Changan and Almajdouie Motors Mark 10 Years in Saudi Automotive Market
Changan and Almajdouie Motors mark ten years in Saudi Arabia, operating a network of over 60 facilities with 200,000 vehicles on the road.
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
Luma Ventures and Kurdistan Innovation Institute Sign Cooperation Agreement
Luma Ventures and the Kurdistan Innovation Institute have signed a cooperation agreement at AIM Congress 2026 to develop regional technology and commercial infrastructure.
MBSAT Partners with ST Engineering iDirect to Build Satellite Gateway Infrastructure
MBSAT has partnered with ST Engineering iDirect to develop sovereign satellite communications infrastructure in Oman ahead of a planned launch in 2027.
IsDBI and Central Bank of Libya Complete Specialized Banking Program
The Islamic Development Bank Institute completed three specialized training programs for over 60 senior Central Bank of Libya professionals in Tripoli.
Lab-Made Gold Unlikely to Affect Commodity Markets or Prices
Scientific concepts allowing fusion reactors to produce gold face substantial cost and technical barriers. Analysts state the process will not disrupt commodity supplies.
Hikma Partners with Rem3dy Health to Introduce 3D-Printed Wellness Products in MENA
Hikma has partnered with Rem3dy Health to distribute Nourished 3D-printed nutritional gummies across Saudi Arabia and six other Middle Eastern markets.
Emirates Skywards Introduces Bonus Miles Across Hotels and Car Rentals
Emirates Skywards members can earn bonus Miles on hotels, holiday packages, and car rentals booked through 30 November 2026.
ARABSAT and Es’hailSat Sign Partnership to Expand Satellite Services
ARABSAT and Es’hailSat signed an agreement at the ASBU Festival in Tunisia to reinforce the 26° East orbital slot and expand broadcast networks.
Red Bull and Exel by Merak Support Saudi Game Developers Ahead of Demo Day
Two Saudi student developers are preparing their games for Demo Day on 23 November under the Red Bull Win Win programme with Exel by Merak.
Saudi ICT Deals Report Records Major Q3 Tech Investments
A weekly review of ICT contracts and capital deals across Saudi Arabia, covering stc dividends, Snowflake funding, SDAIA awards, and public service launches.
AMD Expands AI Partnership with Meta and Tests Helios Systems
AMD and Meta have broadened their hardware alliance with initial Helios rackscale tests, dedicated EPYC chips for the Muse agent, and a $1 billion investment.
STEM Racing Launches Digital Learning Platform with Aston Martin Aramco and Maaden
STEM Racing has launched STEM Racing Learn, a free digital education portal created alongside Maaden and the Aston Martin Aramco Formula One Team.
YouTube Launches Shopping Affiliate Program in Saudi Arabia, UAE, and Egypt
YouTube expanded its Shopping affiliate program to Saudi Arabia, the UAE, and Egypt, allowing creators with 500 subscribers to tag Amazon products.