Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
PayPal and NEO PAY Partner to Accelerate Cross-Border Payments for UAE Businesses
PayPal partners with NEO PAY to revolutionize cross-border payments for UAE businesses. The collaboration enables merchants to accept PayPal payments through NEO PAY’s advanced infrastructure.
Open World Launches Saudi Arabia’s First RWA Tokenization Center of Excellence in Al Khobar
Open World establishes Saudi Arabia’s first RWA Tokenization Center of Excellence in Al Khobar, supporting Vision 2030’s digital economy goals through compliant blockchain infrastructure.
ACCIONA Top Employer Recognition Renewed in Qatar and 11 Global Markets for 2026
ACCIONA has been recognized as a Top Employer in Qatar for the second consecutive year, alongside certifications in 11 other global markets covering 95% of its workforce.
Knowledge Economic City Wins Two Prestigious Awards at Global Economics Awards 2025
Knowledge Economic City wins two prestigious awards at Global Economics Awards 2025 for Madinah Gate’s innovative design and excellence in integrated urban destination development.
Saudi Arabia Emerges as Connector Economy at World Economic Forum 2026
Saudi Arabia positions itself as a connector economy linking global markets at WEF 2026, unveiling strategic partnerships in AI, tourism, and innovation.
Saudi Minister of Industry Explores Advanced Manufacturing Cooperation with Global Companies at Davos 2026
Saudi Minister of Industry holds strategic meetings at Davos 2026 to explore advanced manufacturing partnerships with Siemens, Ezz Steel, and Agility.
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World Economic Forum Annual Meeting 2026 Convenes Global Leaders in Davos
The World Economic Forum Annual Meeting 2026 convened nearly 3,000 global leaders in Davos to address pressing challenges through dialogue, cooperation and innovation.
Sungrow Ranks 12th Globally in Corporate Knights’ 2026 Most Sustainable Corporations List
Sungrow ranks 12th globally and first in electrical equipment manufacturing in Corporate Knights’ 2026 sustainability list, demonstrating leadership in renewable energy innovation.
Saudi Arabia Emerges as Connector Economy at World Economic Forum 2026
Saudi Arabia positions itself as a connector economy at WEF 2026, unveiling strategic partnerships in AI, tourism, and trade to bridge global markets.
Saudi Cultural Development Fund Makes Historic Debut at Davos 2026 Economic Forum
Saudi Cultural Development Fund makes history at Davos 2026, showcasing culture as economic driver with USD 48 billion GDP target by 2030.
From Reform to Delivery: Executing Change at Scale – Saudi Vision 2030 at Davos 2026
Explore key insights from the Saudi House session at WEF Davos 2026. Learn how Saudi Arabia is transitioning from reform to execution with leaders like HRH Princess Reema and Kristalina Georgieva.
Saudi Investment Minister at Davos: “We Are Not Starting from Scratch in AI”
Saudi Investment Minister Khalid Al-Falih refutes “starting from scratch” claims at Davos 2026, highlighting Vision 2030’s AI progress and the Kingdom’s tech-savvy youth.
Saudi Arabia Leads Global Push to Protect Coral Reefs at WEF 2026
Saudi Arabia announced it will host the first Global Coral Reef Summit in 2026, bringing together global leaders and scientists to protect marine ecosystems. The Kingdom also unveiled major AI infrastructure investments and advanced manufacturing initiatives at the World Economic Forum.
Saudi Arabia’s Vision for AI: Leading the Intelligence Age for Global Prosperity
Discover how Saudi Arabia is transitioning from AI adoption to global leadership. Highlights from the WEF session featuring HE Alswaha and tech CEOs from Cisco and Qualcomm.
Aleria, Tawasal, and Xange.com Launch Joint Venture for Paris Agreement Carbon Market Infrastructure
Aleria, Tawasal, and Xange.com announce a joint venture to build Paris Agreement carbon credits infrastructure supporting over $100 billion in mitigation outcomes. The partnership provides governments with digital tools and market infrastructure for Article 6 compliance.
Knauf Acquires Majority Stake in Saudi Mining Company
Knauf announces its acquisition of a majority 63.2% stake in United Mining Industries, a leading Saudi Arabian building materials manufacturer. The move strengthens Knauf’s regional presence and supports Saudi Arabia’s Vision 2030 objectives.
KONE Recognized as Top Employer 2026 in Saudi Arabia
KONE has been recognized as a Top Employer 2026 in Saudi Arabia by Top Employers Institute, reflecting its commitment to people strategy and employee development. The certification highlights KONE’s structured approach to talent acquisition, learning, diversity, and workplace wellbeing in one of the region’s fastest-growing markets.
X by Unifonic Leads $7M AI Startup Funding Round with Y Combinator
X by Unifonic co-leads a $7 million funding round for Open CX with Y Combinator, marking a significant milestone in AI startup funding across the MENA region. The investment supports the platform’s expansion and reflects growing enterprise adoption of AI-driven customer experience solutions.
Remat Al Riyadh Signs Outdoor Advertising Contracts in Capital
Remat Al Riyadh Development Company has signed two outdoor advertising contracts with Naif Alrajhi Investment Group to transform white lands and buildings under construction into active urban elements. The partnership aims to enhance Riyadh’s urban landscape while supporting Vision 2030 goals.
Canon Earns CDP Climate A List 2025 Recognition for Environmental Leadership
Canon has been recognized on the CDP Climate A List 2025 for the fourth time, earning distinction for its leadership in climate action and environmental transparency. The company is working toward complete carbon neutrality by 2050 with science-based emission reduction targets.
Madkhol Capital Robo-Advisory Platform Welcomes Albilad Funds
Madkhol Capital announces strategic partnerships including the first-ever integration of Albilad Capital investment funds on a robo-advisory platform in Saudi Arabia. The company also partners with Khibrah to expand its corporate savings program Ratbi+.
Huasun Energy HJT Solar Technology Takes Center Stage at WFES 2026
Huasun Energy showcased its advanced HJT solar technology and launched an innovative All-In-One energy storage system at WFES 2026 in Abu Dhabi. The company also signed strategic partnerships with Waltz Solutions and Optimum Tracker, strengthening its global clean energy presence.