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

Knowledge Economic City Showcases Madinah Investment Opportunities at FHS 2026
Knowledge Economic City presented its SAR 24 billion real estate portfolio at the Future Hospitality Summit 2026 in Riyadh.

Siemens Report Highlights Middle East Infrastructure Transition Progress
The Siemens 2026 Middle East Infrastructure Transition Monitor reveals that 66% of regional executives support accelerating the energy transition, outperforming global averages.

Getty Images Partners with OpenAI to Integrate Licensed Visuals into ChatGPT
Getty Images has officially partnered with OpenAI to integrate its licensed visual assets directly into ChatGPT search results.

Snap and Kearney Launch Saudi Digital Ad Maturity Framework
A new study by Snap and Kearney MEA reveals a gap between digital ad spend and e-commerce outcomes in Saudi Arabia, introducing a new maturity framework.

How Shuja Rabbani is Redefining HR Leadership Across the GCC Region
Shuja Rabbani is redefining human resources strategy in the GCC, focusing on AI integration, workforce resilience, and organizational transformation.

Nvidia AI Chips Prices Double on China Black Market Amid US Crackdown
Black market prices for Nvidia AI chips have doubled in China as US export restrictions squeeze supply routes and drive up local cloud computing costs.

Sakana Fugu Launches as Multi-Agent AI Orchestrator to Hedge Single-Vendor Risks
Sakana AI has launched Fugu, a multi-agent orchestration platform designed to coordinate frontier LLMs and mitigate single-vendor dependency risks.

Rotana Confirms 10-Property Pipeline and Strategic MoU with Saudi Tourism Authority
Rotana has confirmed a 10-property pipeline in Saudi Arabia, targeting 23 hotels by 2027 and signing a strategic MoU with the Saudi Tourism Authority.

ACCIONA Secures Cleaning Services Contract for Haramain High-Speed Railway
ACCIONA has been awarded a three-year contract to provide technical cleaning and housekeeping services for the Haramain High-Speed Railway network.

Vision Golfe 2026 Forum Strengthens France-GCC Economic Cooperation in Paris
The Vision Golfe 2026 forum in Paris gathered over 1,200 participants and five ministers to accelerate economic partnerships and trade between France and the GCC.
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

DeepFest 2026 Returns to Riyadh as Saudi Arabia Marks Year of Artificial Intelligence
DeepFest 2026 returns to Riyadh from August 31 to September 3, co-located with LEAP 2026, to showcase real-world artificial intelligence deployments.

Group-IB Identifies Top Ten Cybersecurity Threat Actors of 2026
Group-IB has released its top ten cybersecurity threat actors report for 2026, highlighting a major shift toward supply chain attacks.

Kyndryl Launches Sovereignty Readiness Assessment to Support Business Continuity
Kyndryl has launched its new Sovereignty Readiness Assessment to help organizations manage data residency risks and operational dependencies across hybrid IT environments.

Lenovo and NHC Innovation Sign Digital Infrastructure Agreement in Saudi Arabia
Lenovo and NHC Innovation have signed a memorandum of understanding to develop AI and digital infrastructure solutions for Saudi Arabia’s housing sector.

HUAWEI MatePad Pro Max Officially Launches in Saudi Arabia
The HUAWEI MatePad Pro Max has officially launched in Saudi Arabia, featuring a 3K Flexible OLED display and an ultra-thin 4.7 mm design.

DHL Report Highlights Rapid E-Commerce Growth and AI Adoption in the UAE
The DHL eCommerce Trends Report 2026 reveals rapid digital adoption in the UAE, with 91% of businesses using AI and 51% of shoppers using AI chat tools.

Sweid & Sweid Launches 390,000 Sq. Ft. Battery Manufacturing Facility in Virginia
Dubai-based Sweid & Sweid has launched a 390,000 sq. ft. build-to-suit manufacturing facility in Virginia, USA, to serve as the global headquarters for Microporous LLC.

IMAN Holdings Plans 100 Million Dollar Fundraise for GCC Expansion
IMAN Holdings has announced plans to raise 100 million dollars to expand its AI-powered Islamic banking platform into the GCC region.

HONOR Launches HONOR Magic V6 and Enterprise Division in Riyadh
HONOR has officially launched its latest foldable smartphone alongside its new enterprise division, HONOR Business, at an event in Riyadh.

Cisco AI Study Reveals Growing CEO Optimism and Investment Fears
A new Cisco survey of 2,500 CEOs shows rising optimism alongside growing fears of underinvesting in artificial intelligence.

Keiretsu Forum MENA Partners with FinBursa to Deploy Deal Infrastructure
Keiretsu Forum MENA has partnered with FinBursa to deploy a new deal infrastructure platform, streamlining private market investments and startup advisory services across the region.

THUDM Open-Sources Slime: The Reinforcement Learning Framework Behind Zhipu AI’s GLM-5.2
THUDM has open-sourced Slime, the reinforcement learning framework behind Zhipu AI’s GLM-5.2 model, enabling rapid post-training scaling.
