Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
FREELANDER 8 Dimensions and Specifications Officially Revealed
The official FREELANDER 8 dimensions have been announced, measuring 5,118 mm in length, ahead of its upcoming Middle East launch.
Emirates Launches Updated Travel Insurance Product with Conflict Coverage
Emirates has updated its travel insurance product in partnership with Travel Guard, adding conflict-related medical coverage and trip extensions.
Al Masaood Automobiles Announces Weekend Promotional Pricing on INFINITI and Renault Models
Al Masaood Automobiles has announced a four-day promotional campaign in Abu Dhabi, offering structured monthly payments on INFINITI and Renault models.
Huawei Leads Global Wrist-Worn Device Shipments in Q1 2026
Huawei secured the top spot in global wrist-worn device shipments for Q1 2026, capturing a 20.2% market share with 9.5 million units shipped.
Knowledge Economic City to Showcase SAR 24 Billion Madinah Portfolio at Future Hospitality Summit
Knowledge Economic City will showcase its SAR 24 billion real estate portfolio and 42,000 hospitality keys at the upcoming Future Hospitality Summit in Riyadh.
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SpaceX Enters Agreement to Acquire AI Coding Startup Cursor for $60 Billion
SpaceX has entered a formal agreement to acquire AI coding startup Cursor for $60 billion in stock, aiming to expand its artificial intelligence capabilities.
Dreame Robot Vacuum Achieves Top Global Sales and Revenue Spot in Q1 2026
Dreame Robot Vacuum secured the top spot in global sales and revenue for Q1 2026, according to data from IDC.
Hewar Group Launches ThinkMate Digital Framework in Saudi Arabia
Hewar Group has launched ThinkMate, a new digital and AI framework designed to support structured technology adoption across its marketing and communications operations in Saudi Arabia.
JOSLOC and Leader Express Partner to Expand Service Network in Saudi Arabia
JOSLOC and Leader Express have signed an agreement to expand their co-branded service centers across Saudi Arabia, offering integrated vehicle maintenance.
TCS and Anthropic Form Global Partnership to Scale Enterprise AI Adoption
TCS and Anthropic have partnered to scale enterprise AI adoption, equipping 50,000 employees with Claude licenses and targeting highly regulated sectors.
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
Wahed Partners with Qatar Awqaf to Build AI Shariah Screening Platform
Wahed MENA has partnered with Qatar’s General Directorate of Endowments to develop an AI-powered Shariah equity screening platform.
Intersec Saudi Arabia Establishes Advisory Committees for 2026 Summits
Intersec Saudi Arabia has announced the formation of its advisory committees for the Future Security and Fire Protection summits in Riyadh.
Kaiterra Opens Riyadh Office to Support Saudi Vision 2030 Projects
Kaiterra has opened a dedicated office in Riyadh following a 300% revenue growth in Q1 2026, aiming to support Saudi Arabia’s $1.3 trillion Vision 2030 projects.
SniperDz Phishing Platform Dismantled in Coordinated Global Operation
A coordinated international operation has dismantled the SniperDz phishing platform, leading to the arrest of its developer in Algeria.
Liberty Galati Auction Opens Access to Southeast Europe’s Largest Steel Plant for GCC Capital
The court-approved auction for Romania’s largest steel plant opens on June 19, 2026, offering GCC investors a strategic entry into the European industrial market.
Saudi Makes Future Promotes Riyadh as Global AI Hub at WMF 2026
Saudi Makes Future participates in WMF 2026 in Italy to promote Riyadh as a global hub for artificial intelligence and attract international investors.
Saudi Arabia Leads Global Growth in AI Skills Training
Saudi Arabia leads global growth in AI skills training, with 99% of employers adopting skills-based hiring according to Coursera.
Saudi Arabia Government ICT Spending Reached 31.9 Billion SAR in 2025
Saudi Arabia’s government spending on ICT services reached 31.90 billion SAR in 2025, driven by major investments in cloud computing and artificial intelligence.
Sakana AI Launches Sakana Marlin Autonomous Research Tool for Enterprise Strategy
Sakana AI has launched Sakana Marlin, an autonomous research tool that runs for eight hours to generate detailed business strategy reports.
Digital Cooperation Organization Launches Global Expert Community to Drive Digital Collaboration
The Digital Cooperation Organization has launched a new global platform to mobilize expertise and support international digital initiatives.
Almajdouie Motors Concludes Third Edition of Changan National Skills Competition in Al-Khobar
Almajdouie Motors has successfully concluded the third edition of the Changan National Skills Competition 2026 in Al-Khobar, evaluating employees across four key service categories.
SDAIA Launches New AI Training Initiative Targeting 20,000 Graduates by 2027
SDAIA has announced a new initiative to train 20,000 graduates in artificial intelligence by 2027, offering specialized tracks in partnership with local universities.