Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
e& money Secures Finance Company License to Expand Financial Inclusion in UAE
e& money obtains Finance Company license from UAE Central Bank, expanding beyond payments into AI-driven lending services for over two million customers.
MENA M&A Activity Surges 26% in 2025 with 884 Deals Worth $106.1 Billion
MENA region records 884 M&A deals worth $106.1 billion in 2025, marking 26% volume growth driven by cross-border transactions and sovereign wealth fund investments.
Tourism Development Fund Signs MoU with Palladium Hotel Group to Boost Saudi Tourism
Tourism Development Fund signs strategic MoU with Palladium Hotel Group to explore hospitality development opportunities in Jeddah and Yanbu, advancing Saudi Vision 2030.
Saudi Arabia Lead the GCC IPO Market with Record-Breaking Activity in 2024
The UAE and Saudi Arabia have set new benchmarks in the GCC IPO Market, with 2024 recording the highest-ever activity of 53 listings raising USD 12.9 billion across the region.
Nintex Appoints Samir Akel as Regional Vice President for Emerging Markets
Nintex appoints Samir Akel as Regional Vice President for Emerging Markets, overseeing Middle East, Africa, and Eastern Europe operations to drive digital transformation.
ELT Group and D-Orbit Sign Strategic Space Cooperation Framework for Saudi Vision 2030
ELT Group and D-Orbit sign strategic cooperation framework in Riyadh to advance Saudi Arabia’s space sector capabilities aligned with Vision 2030 objectives.
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DAN Signs Strategic Tourism and Agriculture MoUs at PIF Private Sector Forum 2026
DAN signs two strategic MoUs with DRB Arabia and Fresh On Table at PIF Private Sector Forum 2026, advancing agritourism and farm-to-table initiatives in Saudi Arabia.
WAM Saudi 2026 to Transform Kingdom’s Industrial Future with Global Manufacturing Leaders
WAM Saudi 2026 brings global manufacturing leaders to Riyadh February 15-17, showcasing advanced technologies and investment opportunities in Saudi Arabia’s industrial transformation.
NTT DATA Acquires Zero&One to Strengthen Cloud Leadership in Middle East
NTT DATA acquires AWS Premier Partner Zero&One to strengthen cloud capabilities across Middle East and North Africa, positioning for major growth in region’s expanding cloud market.
Simultaneous Translation System Enhances International Presence at AlUla Conference for Emerging Market Economies
AlUla Conference 2026 implements eight-language simultaneous translation system, enabling seamless communication among ministers, central bank governors, and international experts.
Minister of Defense Inaugurates World Defense Show 2026 in Riyadh Under Royal Patronage
Saudi Arabia’s Minister of Defense inaugurates World Defense Show 2026 in Riyadh, featuring 1,486 exhibitors from 89 countries and major defense cooperation agreements.
Quality of Life Program – World Defense Show 2026
The Quality of Life Program Center showcases its Vision 2030 achievements and security initiatives at the World Defense Show 2026 in Riyadh.
Ministry of Finance and IMF Launch Second AlUla Conference for Emerging Market Economies
The Ministry of Finance and IMF launch the second AlUla Conference for Emerging Market Economies, bringing together global economic leaders to address challenges in international trade and financial systems.
Startup Gate Launches Phase Two to Strengthen Egypt’s Entrepreneurship Ecosystem
Startup Gate announces Phase Two launch, expanding to include incubators, accelerators, and investment institutions while planning nine specialized programs and EGP 450 million in expected investments.
Global Logistics Leaders Brace for Volatility in 2026 with AI and Supply Chain Redesign
Global logistics leaders prepare for 2026 volatility with AI adoption reaching 98% and supply chain restructuring continuing across industries.
Al-Swaha: Trust, Technology, and Talent Are Pillars of Digital Future in Digital Cooperation Organization
Saudi Minister Al-Swaha emphasizes trust, technology, and talent as foundations for inclusive digital future at Digital Cooperation Organization assembly.
SADAFCO Recognized Among Top Five Factories in Jeddah for Workplace Safety Excellence
SADAFCO has been recognized by MODON as one of the top five factories in Jeddah Industrial City for excellence in workplace safety standards, reinforcing its commitment to operational excellence aligned with Vision 2030.
Knowledge Economic City Showcases Retail-Led Mixed-Use Growth in Madinah at RLC Global Forum 2026
Knowledge Economic City showcases its retail-led mixed-use developments in Madinah at RLC Global Forum 2026, featuring flagship projects worth billions in investment.
MENA IPO Activity Reaches $1.7B in Q4 2025 with 10 New Listings
MENA capital markets recorded 10 IPOs raising $1.7B in Q4 2025, with Saudi Arabia leading activity through six listings totaling $561.6M.
Ruder Finn Launches First Annual Founder’s Day to Honor 80-Year Legacy of Innovation
Ruder Finn announces its first annual Founder’s Day, celebrating nearly 80 years of pioneering innovation and the lasting legacy of founders David Finn and Bill Ruder.
Equiti Group Partners with Checkout.com to Enhance Global Payment Operations
Equiti Group partners with Checkout.com to revolutionize global payment operations, offering faster transactions and enhanced security for customers worldwide.
Checkout.com and Spotify Announce Strategic Global Payments Partnership
Checkout.com partners with Spotify to deliver AI-powered payment solutions for over 700 million users across 180+ countries, enhancing security and performance.