Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Red Hat AI 3.4 Simplifies Autonomous Agent Deployment Across Hybrid Clouds
Red Hat AI 3.4 has been updated to simplify the development and deployment of autonomous agents across hybrid cloud environments.
Straive Acquires NextGen Invent to Expand AI Capabilities
Straive has acquired NextGen Invent to integrate specialized AI engineering expertise and expand its global data operationalization capabilities.
LG Electronics Launches LG MAGNIT Micro LED for Control Rooms
LG Electronics has launched its new LG MAGNIT Micro LED display, designed specifically for professional control rooms and mission-critical environments.
Robo.ai Announces Proposed Acquisition of QC Capital for $60 Million
Robo.ai has entered into an agreement to acquire 100% of QC Capital for US$60 million in Class B ordinary shares.
Arabian Ethicals Achieves ISO 31000:2018 Certification for Risk Management
Arabian Ethicals has achieved the ISO 31000:2018 certification, establishing a structured risk management framework to secure healthcare supply chains in the UAE.
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Athar Festival 2026 Announces New Content Streams and Refreshed Awards in Riyadh
Athar Festival 2026 returns to Riyadh this November with four new content streams and a updated awards framework for the creative marketing industry.
Global Investment Summit 2026 Launches in Paris
The Global Investment Summit 2026 will launch in Paris this September, targeting USD 28.59 billion in European investments into the GCC region.
Emircom and Ciena Launch New Optical Networking Hub in Riyadh
Emircom and Ciena have opened a new optical networking hub in Riyadh to support Saudi Arabia’s digital infrastructure and high-capacity connectivity demands.
AIM Talks China 2026 Drives UAE-China Economic and Smart Mobility Alignment
The UAE delegation concluded strategic meetings in Guangzhou during AIM Talks China 2026, focusing on smart mobility, AI, and trade alignment.
Vertiv Completes Acquisition of ThermoKey to Expand Data Center Cooling Portfolio
Vertiv has completed its acquisition of ThermoKey to expand its thermal management capabilities and support high-density computing in AI data centers.
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
Unifonic and Ideem Partner to Deploy Passwordless Authentication in GCC
Unifonic and Ideem have partnered to launch secure passwordless authentication solutions for enterprises across the GCC region.
Prince Sattam bin Abdulaziz University Rises in QS World University Rankings
Prince Sattam bin Abdulaziz University has advanced 50 positions in the 2027 QS World University Rankings, securing 677th place globally.
Midjourney Medical Unveils Revolutionary 60-Second Full-Body Scanner
Midjourney Medical has announced a revolutionary 60-second full-body ultrasonic scanner and plans to launch luxury health spas starting in 2027.
Madkhol Capital Partners with anb Capital and Derayah Financial
Madkhol Capital has announced strategic partnerships with anb Capital and Derayah Financial to expand digital investment opportunities for Saudi investors.
Microsoft Selects Checkout.com to Power EMEA Transactions
Microsoft has partnered with Checkout.com to manage digital transactions across the EMEA region, integrating AI-powered optimization for Xbox, Azure, and Microsoft 365.
HPE Unifies Channel Operations with Juniper Networks Under Single Program
HPE is consolidating its channel operations with Juniper Networks under the unified HPE Partner Ready Vantage program starting November 2026.
ClearSkies Launches DNS Shield to Protect Saudi Organizations
ClearSkies has launched its DNS Shield solution in Saudi Arabia to protect public and private organizations from sophisticated DNS-layer cyber threats.
DeepSeek Secures $7.4 Billion in Funding to Become Most Capitalized AI Lab Outside US
DeepSeek has closed a massive $7.4 billion funding round led by Tencent and CATL, valuing the AI lab up to $59 billion.
Busworld Türkiye 2026 Commences in Istanbul with Record Expansion
Busworld Türkiye 2026 has officially launched in Istanbul, expanding its exhibition space to 11,358 square meters with 161 global exhibitors.
Global Airports Forum Returns to Riyadh for Fifth Edition
The fifth Global Airports Forum will take place in Riyadh this November, focusing on airport infrastructure, smart technologies, and international collaboration.
France Ends Palantir Intelligence Contract in Sovereign AI Push
France has launched a sovereign AI push, ending its intelligence agency’s contract with Palantir to invest €655 million in local technology.
UiPath Launches Maestro Case to Orchestrate Dynamic Enterprise Business Processes
UiPath has launched Maestro Case, an AI-native case management tool designed to coordinate robots, people, and data across complex enterprise workflows.