Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Sharjah Islamic Bank Partners with University of Sharjah
Sharjah Islamic Bank and the University of Sharjah have signed an MoU to collaborate on financial literacy, training, and talent acquisition.
Microsoft Launches Seven Independent AI Models at Build 2026
Microsoft has launched seven independent AI models trained from scratch, marking a major shift in its development strategy at Build 2026.
Fluke FEV500 Launched in Saudi Arabia to Support Fast DC EV Charging Infrastructure
Fluke Corporation has launched the FEV500 testing solution in Saudi Arabia to support the Kingdom’s rapid expansion of fast DC Level 3 EV charging stations.
Context Analytics Launches Podcast Sentiment Feed for Institutional Investors
Context Analytics has launched a new quantitative sentiment feed that transcribes and scores financial podcasts for institutional investors.
AMAK Launches Advance Drilling Co for Mining Exploration
AMAK has established Advance Drilling Co, a wholly owned subsidiary with SAR 100 million capital, to provide exploration drilling services in Saudi Arabia.
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Almarai Prize Opens 2026 Cycle for Dryland Food Security Research
The 2026 cycle of the Almarai Prize has officially opened, offering a USD 500,000 award for scientific research that addresses food security challenges in dryland regions.
Mashreq Launches Off-Plan Home Loan Financing for UAE Residents
Mashreq has introduced a new off-plan home financing option for UAE residents, featuring zero pre-approval fees and repayment tenures of up to 25 years.
Brahms Chouity Launches fyuze AI Platform in London Targeting Middle East Creator Economy
Brahms Chouity has launched fyuze, a London-based AI platform designed to bring data-driven structure to the creator economy in the Middle East.
ThinkMarkets Launches ChelseaAI for Conversational CFD Trading
ThinkMarkets has launched ChelseaAI, a new tool connecting live trading accounts directly to AI assistants via the Model Context Protocol.
Checkout and Nahdi Partner to Enhance Digital Payment Performance Across the GCC
Nahdi Medical Company has partnered with Checkout to optimize its digital payment systems and improve transaction success rates across 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
BHM Capital Activates Amman Stock Exchange Trading via Tabadul Platform
BHM Capital has activated direct trading access to the Amman Stock Exchange for UAE clients through the Tabadul platform.
ClearSkies Strengthens Cyber Resilience for Saudi Financial Sector
As Saudi Arabia transitions to a cashless economy, ClearSkies introduces its Centric AI platform to help financial institutions detect and respond to cyber threats in minutes.
ServiceNow Launches Autonomous Security & Risk Platform to Govern AI Agents and Connected Assets
ServiceNow has launched its Autonomous Security & Risk platform to govern AI agents, identities, and connected assets using integrations with Armis and Veza.
Intel Plans New Low-Cost AI Data Center Chip for 2026 Launch
Intel is preparing to launch a new data center processor focused on low-cost AI inference before the end of 2026.
Dell Reports Record Q1 Revenue of $43.8 Billion Driven by AI Server Demand
Dell Technologies reported record Q1 revenue of $43.8 billion, up 88% year-over-year, driven by a massive surge in AI server demand.
HPE Reports 21 Percent Revenue Surge Driven by AI Infrastructure Demand
HPE reports a 21% revenue surge and a $5 billion backlog, highlighting a growing demand for enterprise hardware solutions.
Canva Launches Canva AI 2.0 with Conversational Design and Autonomous Workflows
Canva has launched Canva AI 2.0, introducing conversational design tools and autonomous workflows to its 250 million active users.
Saudi Arabia Joins Open Geospatial Consortium as First Strategic Partner Outside US and EU
Saudi Arabia has become the first strategic partner from outside the US and EU to join the Open Geospatial Consortium, marking a major step in global geospatial data governance.
Saudi Women Employment Reaches 6.5 Percent of Elsewedy Electric Workforce
Elsewedy Electric Group reports that female employees now make up 6.5% of its Saudi workforce, spanning technical, administrative, and factory roles.
Lumi Branch Expansion: New Outlets in Tabuk, Taif, and Jeddah
Lumi has opened three new branches in Tabuk, Taif, and Jeddah, expanding its vehicle rental and leasing network to 44 locations across Saudi Arabia.
Vertiv Expands Liquid Cooling Portfolio for AI Data Centers
Vertiv has expanded its thermal management systems in EMEA with the launch of the CoolChip CDU 2300 and Fluid Network Row Manifolds.
HUMAIN Partners with NVIDIA to Deploy Autonomous Vehicles in Saudi Arabia
HUMAIN has partnered with NVIDIA to deploy level 4-ready autonomous vehicles in Saudi Arabia, utilizing the DRIVE Hyperion platform.