Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
e& Launches Exclusive Hajj Package 2026 for Pilgrims | Saudi Shopper
e& UAE has launched an exclusive Hajj package for 2026, offering 50GB data and 1000 calling minutes for pilgrims to stay connected with families during the pilgrimage.
Dell AI Factory Gains New Agentic AI and Infrastructure Capabilities
Dell announced new agentic AI, data platform, and infrastructure additions to its Dell AI Factory with NVIDIA, targeting enterprise AI deployment from deskside to data center.
SADAFCO Releases 2025 Sustainability Report with Key Environmental and Social Gains
SADAFCO releases its 2025 sustainability report detailing a 33% water consumption improvement, 96% recycling rate, and zero workplace fatalities, among other environmental and social gains.
Minister Alswaha Visits Salla and Classera in Jeddah to Support Digital Commerce and Smart Education
Minister Alswaha visited Salla and Classera in Jeddah, discussing digital commerce and witnessing a smart education agreement between Classera and Zain KSA.
Digital Entrepreneurship Council Discusses Technology for Hajj and Umrah Services
The Digital Entrepreneurship Council hosted Saudi ministers and entrepreneurs to discuss AI and digital solutions for improving Hajj and Umrah services.
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Kreab Opens First Middle East Regional Office in Riyadh
Kreab Worldwide opened its first Middle East regional office in Riyadh under the name Kreab Saudi Arabia, appointing Shurjil Syed as Managing Partner and Theodor Swedjemark as Chairman.
Tamimi Markets Opens 24/7 Pop-Up Store in Makkah for Hajj 2026
Tamimi Markets launches a 24/7 pop-up store in Makkah during Hajj 2026, offering essential groceries and distributing one million bottles of water to pilgrims.
Electric vehicle charging partnership: Almajdouie, Deepal, and Al Fanar Launch in Saudi Arabia
Almajdouie Automotive partners with Al Fanar Company to deploy electric vehicle charging infrastructure across Saudi Arabia, supporting the Kingdom’s transition to sustainable transportation and Vision 2030 goals.
LG Showcases Premium Built-in Kitchen Solutions at Milan Design Week 2026
LG Electronics showcased premium kitchen solutions from SKS and its built-in lineup at Milan Design Week 2026, featuring immersive experiences and the new Tracce collection inspired by Italian design.
SAL Becomes First Saudi Logistics Firm to Achieve Triple ISO HSSE Certification
SAL Logistics Services becomes the first Saudi logistics company to obtain triple ISO HSSE certification. The integrated accreditation covers occupational health, environmental management, and security operations.
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
Elon Musk Loses Court Battle Against OpenAI CEO Sam Altman
A federal jury rejected Musk’s claims in under two hours, ruling the lawsuit was barred by the statute of limitations. The judge dismissed the case immediately.
Mashreq Launches One-Day Business Account Service in UAE
Mashreq becomes the first UAE bank to guarantee business account opening within one day through its NEO BIZ platform, backed by an AED1,000 cashback guarantee for eligible customers.
AlfaNow Expands into Oman Through First Exchange Partnership
AlfaNow Oman expansion launches cross-border payment services through partnership with First Exchange, expanding its GCC presence and enabling faster remittance flows.
du Launches National Hypercloud Huawei Edition for Chinese Enterprises in UAE
du launches National Hypercloud Huawei Edition, a sovereign cloud platform purpose-built for Chinese enterprises and EV manufacturers expanding into the UAE with local data hosting and regulatory compliance.
Rockwell Automation Report Shows Middle East Leading Digital Manufacturing Shift
Rockwell Automation’s annual smart manufacturing Middle East report reveals the region leads global digital transformation with 98 percent of manufacturers adopting artificial intelligence and allocating 30 percent of operating budgets to industrial technology.
Gradiant Closes $2 Billion Series E Funding Round for AI and Water Infrastructure
Gradiant secured $2 billion in Series E funding to expand water technology operations across AI data centers and semiconductor manufacturing. The round valued the Boston-based firm at $2 billion.
Wego Partners with Triple-A to Enable Stablecoin Payments for Travel Bookings
Wego integrates stablecoin payments travel bookings through partnership with Triple-A, expanding payment options for global travelers and improving cross-border transaction efficiency.
Saudi Aramco and Pasqal Launch First Quantum Computer in Kingdom
Saudi Aramco and Pasqal unveiled the Kingdom’s first quantum computer and the Middle East’s first commercial quantum computing platform on May 18, 2026. The system uses neutral atom technology with 200 programmable qubits and is available to regional organizations.
Saudia Expands Hajj without Baggage Service to 400,000 Pilgrims
Saudia expands its Hajj without Baggage service to 400,000 pilgrims during the 2026 season through digital integration with Nusuk and HalaBag platforms, reducing airport congestion and improving pilgrim comfort.
Riyadh Air Launches Nawat Cabin Crew Program to Develop Saudi Aviation Talent
Riyadh Air launches the Nawat Cabin Crew Program to recruit and train Saudi nationals for aviation careers. The eight-month program, developed with Bunyan for Training Company, supports Vision 2030 employment goals.
M360 Eurasia Shifts Focus From AI Exploration to Implementation in Samarkand
M360 Eurasia AI conference moves to Samarkand to examine how artificial intelligence and connectivity drive regional economic growth. The event shifts focus from AI exploration to tangible implementation and scaled operations.
Qiddiya and Google Cloud Partner to Power Saudi Entertainment Megacity with AI
Qiddiya Investment Company and Google Cloud have expanded their partnership to power one of the world’s largest entertainment projects using artificial intelligence and cloud technology.