Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Snap Maher Academy Launches in Saudi Arabia to Train Digital Marketers
Snap Inc. launched Snap Maher Academy, a four-week training program for 50 selected marketing professionals from leading Saudi organizations. The initiative aims to advance full-funnel marketing strategies and strengthen the Kingdom’s digital marketing ecosystem.
Nicolas Sibuet Named Chief Financial & Corporate Development Officer at Aramex
The Nicolas Sibuet Aramex appointment sees Nicolas Sibuet appointed as Chief Financial and Corporate Development Officer, effective 8 May 2026. Sibuet previously served as Acting CEO and brings over 30 years of international leadership in finance and strategy.
Intersec Saudi Arabia 2026 Expands to Record Size With 500+ Exhibitors
Intersec Saudi Arabia 2026 will host over 25,000 visitors and 500+ exhibitors at Riyadh Front from November 16-18, with exhibition space expanded by 40%. The Kingdom’s security market is projected to reach USD 3.4 billion by 2030.
Abu Dhabi Infrastructure Summit Brings Together Developers and Investors for $57 Billion Urban Agenda
Abu Dhabi brings together major developers, investors, and government bodies for the Infrastructure Summit on May 12-14 to advance a $57 billion urban development agenda.
Rowad Modern Engineering Completes Ministry of Culture Headquarters in Diriyah
Rowad Modern Engineering finishes the Ministry of Culture headquarters in Diriyah, a 36,000-square-meter facility combining contemporary architecture with Najdi heritage design. The project achieved LEED Gold certification and aligned with Saudi Vision 2030 objectives.
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specialized by stc Deploys Mission-Critical Network for Hajj 1447H Operations
specialized by stc Hajj deploys mission-critical communications infrastructure for Hajj 1447H, featuring the Hadath operations platform and Business-Critical Network to ensure continuous connectivity and enhanced operational safety.
GSMA CEO John Hoffman Steps Into Chair Role; Sianne Ryder Named New CEO
GSMA Ltd CEO John Hoffman transitions to newly created chair role effective July 2026. Sianne Ryder named CEO of Events and Industry Services in major leadership restructure.
Huawei Cloud Appoints GAPP as Official Distributor in Saudi Arabia
Huawei Cloud Saudi Arabia appoints GAPP as official distributor, bringing AI and cloud solutions to Saudi enterprises with Class C compliance certification and disaster recovery capabilities.
HUMAIN ONE Launches as Enterprise AI Operating System Backed by AWS
Humain and AWS announce HUMAIN ONE, an integrated enterprise AI operating system for building and scaling generative AI agents globally, with availability through AWS Marketplace.
Emirates Restores 96% of Global Network Following Disruption
Emirates has restored 96% of its global network following disruption, now serving 137 destinations with flexible booking options and enhanced rewards for passengers.
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
Erth Abu Dhabi Receives Emiratisation Award for Second Consecutive Year
Erth Abu Dhabi receives its second consecutive Emiratisation Award, marking sustained excellence in developing UAE national talent within the hospitality sector.
Saudi Arabia Mobility Leaders Convene in Riyadh to Shape Next Phase of Transport Development
Saudi Arabia’s top mobility leaders gathered in Riyadh to chart the next phase of the Kingdom’s transport development, focusing on autonomous vehicles, regulatory readiness, and Vision 2030 alignment.
Bosch Invests €200 Million in Business Innovations Unit to Build 20 Startups by 2030
Bosch commits €200 million to expand its venture builder unit, targeting 20 new startups by 2030 in software manufacturing, health monitoring, and carbon capture sectors.
Executive Centre Opens New Workspace Center at KAFD in Riyadh
Executive Centre KAFD officially opened KAFD 2.08, a new 9,500-square-meter flexible workspace facility in King Abdullah Financial District, Riyadh, featuring innovative amenities and full-floor tenant solutions.
Brazil’s CEMIG Deploys LTE 450 MHz Network for Smart Power Grid
CEMIG, Brazil’s largest electricity company, has deployed an LTE 450 MHz private power grid network across Minas Gerais to support its largest investment plan in company history.
Abu Dhabi Infrastructure Summit 2026 Convenes 7,000 Professionals to Shape Urban Development
Abu Dhabi Infrastructure Summit 2026 will convene over 7,000 professionals, 100 speakers, and 75 exhibitors from May 12-14 to address urban development, construction innovation, and infrastructure financing across the region.
Emirates Drug Establishment Concludes Participation in Make it in the Emirates 2026
The Emirates Drug Establishment concluded a successful four-day exhibition participation, securing strategic partnerships and advancing pharmaceutical innovation across the UAE.
du and Abu Dhabi Investment Office Launch Strategic Partnership for UAE Innovation
du and Abu Dhabi Investment Office partner to accelerate digital transformation and innovation across UAE manufacturers and enterprises, combining advisory services and structured funding pathways.
UAE Cyber Security Council and CPX Launch UAE Cyber Factory for National Cyber Sovereignty
The UAE Cyber Security Council and CPX Holding launched the UAE Cyber Factory to advance national cyber sovereignty through AI-powered security solutions. The initiative addresses the country’s rising threat landscape, with over 800,000 cyberattacks recorded daily.
Saudi Arabia Mobility Leaders Align on Vision 2030 Priorities in Riyadh
Mobility sector leaders from Saudi Arabia’s public and private sectors met in Riyadh to advance transport development aligned with Vision 2030, discussing autonomous vehicles, infrastructure, and cross-sector collaboration.
Mastercard Launches SME Resilience Program Across Middle East
Mastercard launches Built Small. Moving Strong, a regional SME resilience program supporting small businesses across the Middle East with financial tools, policy alignment and digital enablement to navigate supply chain disruptions and financial challenges.
Sanofi and Arabio Launch Himaya Health Initiative at Umrah Forum 2026
Sanofi and Arabio introduced the Himaya health initiative at the Umrah and Ziyarah Forum 2026 to advance meningococcal vaccination for pilgrims. The initiative positions health protection as fundamental to the pilgrim experience.