Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Beltone Asset Management and Telda Partner to Expand Digital Investing Access in Egypt
Beltone Asset Management and Telda have partnered to offer commission-free mutual funds directly through Telda’s mobile application in Egypt.
SDAIA training programs Reach Over 1.5 Million Beneficiaries
SDAIA training programs have successfully reached over 1.5 million citizens in Saudi Arabia, boosting national capabilities in data and artificial intelligence.
US Restrictions on Anthropic Trigger Rapid AI Releases in China
The US government’s global shutdown of Anthropic’s Fable 5 model has prompted Chinese competitors to release high-performing open-weight alternatives.
Bold Influence and MAZ NEXA Sign Strategic Digital and Communications MoU
Bold Influence and MAZ NEXA have signed a strategic MoU in Riyadh to deliver integrated communications and digital transformation services.
SDAIA and World Bank Conclude International Data Policy Program in Europe
SDAIA and the World Bank have concluded a bilateral international program in Belgium and Germany to study global data governance and digital policy frameworks.
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FREELANDER 8 Makes First Public Appearance in Shanghai Ahead of Abu Dhabi Launch
The FREELANDER 8 made its first public appearance in Shanghai ahead of its official Middle East brand launch in Abu Dhabi.
Visa Connects Payment Network to ChatGPT for Autonomous Retail Transactions
Visa has linked its payment rails to ChatGPT, allowing autonomous AI agents to find products and complete checkouts without human intervention.
GSMA Urges EU Regulatory Alignment to Support Mobile Infrastructure Investment
A new GSMA report reveals the mobile sector contributed €1.2 trillion to the EU GDP in 2025, while warning of a €270 billion funding gap.
SpaceX Raises $75 Billion in Historic Public Listing
SpaceX has raised $75 billion in its historic public listing, pricing shares at $135 each and surpassing Saudi Aramco’s previous record.
Anthropic Fable 5 Suspended Globally Following US Export Control Directive
Anthropic has suspended access to Fable 5 and Mythos 5 globally following a US government export control directive restricting foreign national access.
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
DXC Anthropic Partnership to Deploy Claude in Enterprise Systems
DXC Technology and Anthropic have formed a multi-year global alliance to deploy Claude AI models into mission-critical enterprise systems.
PRYPCO Mint Launches Digital Gold Investing Service
PRYPCO Mint has announced the launch of its new digital gold investing service, allowing users to trade physical gold starting from 100 AED.
Dragon’s Dogma 2: Dark Arisen Expansion Set for October Launch
Capcom has announced that Dragon’s Dogma 2: Dark Arisen will launch on October 9, 2026, bringing a new expansion and a Nintendo Switch 2 release.
KAUST Researchers Develop Self-Cleaning Solar Panel Coating
Researchers at KAUST have developed a new self-cleaning coating for solar panels that also harvests atmospheric moisture to irrigate crops.
Ministry of Interior to Organize Global Security Summit in Riyadh
The Ministry of Interior will host the Global Security Summit in Riyadh this December, featuring specialized workshops and the SAIIF innovation competition.
Digital Cooperation Organization Launches Global Expert Community to Drive Digital Growth
The Digital Cooperation Organization has launched the Global Expert Community in Riyadh to mobilize global expertise and support digital initiatives.
Saudi Arabia Joins Global Partnership on AI as First Arab Member State
Saudi Arabia has officially joined the Global Partnership on AI, becoming the first Arab nation to gain membership in the international initiative.
Riyadh Air Opens New Technology Hub in KAFD Creating 300 Jobs
Riyadh Air has opened its new technology hub in KAFD, creating 300 specialized jobs in digital operations, AI, and aviation analytics.
Wallan Trading Opens First Dedicated Genesis Certified Showroom in Riyadh
Wallan Trading Company has inaugurated its first dedicated showroom for Genesis Certified vehicles in Riyadh, spanning 340 square meters.
Max Fashion Deploys Google Cloud AI for Virtual Fitting in the UAE
Max Fashion has integrated Google Cloud’s Virtual Try-On API in the UAE to offer customers realistic visual previews of clothing fit.
Saudi Water Authority Announces Return of IDWS 2026 to Jeddah
The Saudi Water Authority has announced the return of the IDWS 2026 conference to Jeddah, focusing on water sustainability, governance, and financial partnerships.
Mastercard Launches Agent Pay for Machines for AI Commerce
Mastercard has launched a new service to enable secure, programmatic microtransactions between autonomous AI agents across its global network.