Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
1 Billion Followers Summit Closes with $1.2M+ in Awards, 20 Creators Join MrBeast Ghana Mission
Summit finale: Abdullah Annan wins $100K TikTok Educator Award, 20 creators join MrBeast Ghana mission, AED 50M accelerator funding announced in Dubai.
Seequent Mining Technologies to Feature at Future Minerals Forum 2026
Seequent will showcase advanced mining technologies and geoscience solutions at Future Minerals Forum 2026 in Riyadh, demonstrating digital integration capabilities that support Saudi Vision 2030 mining objectives.
Digital Payment Credentials Set to Replace Traditional Card Numbers
Digital payment credentials are replacing traditional card numbers in a structural shift that decouples transactions from static card details, enhancing security and enabling new payment innovations beyond traditional card limitations.
FPT Becomes Sitecore’s First Global Elite Reseller Under New Partnership Program
FPT becomes Sitecore’s inaugural Global Elite Reseller, securing exclusive Vietnam rights and expanding SitecoreAI platform across Asia and Middle East markets through strategic three-year partnership agreement.
Jeddah Gold Exhibition 2024 Launches January 8 with 130+ Exhibitors
Jeddah Gold Exhibition opens January 8, 2024, at Superdome featuring 130+ exhibitors, Saudi factories, interactive experiences, and cultural workshops, supporting Vision 2030 economic diversification goals.
JA Solar Secures 1.2 GW Module Supply Deal for Samarkand Solar Projects in Uzbekistan
JA Solar signs 1.2 GW supply agreement with L&T for Samarkand solar projects in Uzbekistan, supporting the country’s renewable energy targets and powering 600,000 homes.
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STC Group Achieves Outstanding Success in $2 Billion Sukuk Issuance
STC Group successfully raises $2 billion through sukuk issuance with 4x oversubscription from 300+ international investors, strengthening capital access for digital transformation initiatives.
Saudi Arabia Launches Future Minerals Pioneers Innovation Camp with Global Participation
Saudi Arabia launches Future Minerals Pioneers innovation camp with 356 participants from 32 countries, competing in smart technologies, safety, and sustainability tracks ahead of the International Mining Conference.
Midad Real Estate and Diriyah Company Sign $827 Million Four Seasons Hotel Development Agreement
Midad Real Estate partners with Diriyah Company for $827 million Four Seasons Hotel and Private Residences development in Saudi Arabia’s historic Diriyah, featuring 159 luxury rooms and supporting Vision 2030 tourism objectives.
Online Shopping Security KSA: Expert Tips for Safe Winter Sales
Kaspersky research reveals 64% of KSA shoppers believe they can detect fraud alone, while only 47% use security software. Learn essential protection tips for safe online shopping during winter sales season.
Dubai Residential Market 2026: Lifestyle and Community Living Reshape Buyer Priorities
Dubai’s residential market transforms in 2026 with 120,000 new units, shifting buyer focus from price speculation to lifestyle-led communities, wellness amenities, and sustainable living in master-planned developments.
CARMA and Earned First Form Strategic Reputation Measurement Partnership for PRAXIS MENA 2026
CARMA partners with Earned First to advance reputation measurement capabilities ahead of PRAXIS MENA 2026, featuring the launch of UAE’s first Country Reputation Report in Dubai.
Loylogic Unveils 2026 Vision for AI Loyalty Rewards Marketplace
Loylogic announces 2026 strategic vision focusing on AI loyalty rewards marketplace intelligence as Middle East loyalty market reaches $3.27 billion with 16.3% annual growth, combining advanced analytics with robust compliance framework.
Workshop X Signs Strategic MoU Partnership with Ghoraf Al-Ahliya Foundation
Workshop X signs strategic MoU with Ghoraf Al-Ahliya Foundation to advance knowledge-driven community initiatives and social responsibility programs across Saudi Arabia through collaborative framework.
LG Electronics Partners with Elegance Cabinet to Manufacture Smart Home Solutions in Saudi Arabia
LG Electronics partners with Elegance Cabinet Company to manufacture smart home solutions in Saudi Arabia, combining global technology expertise with local manufacturing capabilities to meet regional market demand and support Vision 2030 industrial goals.
Five Critical GCC Economic Trends Shaping 2026
PwC Middle East identifies five critical economic trends shaping GCC economies in 2026: trade diversification, supply chain security, AI deployment, workforce adaptation, and fiscal resilience amid global challenges and lower oil revenues.
Standard Chartered Predicts 4.5% Saudi Arabia GDP Growth in 2026
Standard Chartered forecasts robust 4.5% GDP growth for Saudi Arabia in 2026, outperforming global averages through oil sector recovery and non-oil expansion, despite rising leverage concerns and projected twin deficits.
UL Solutions Partners with Saudi Electricity to Advance Fire Safety Standards
UL Solutions and Saudi Electricity Company sign MOU to advance fire safety standards, deliver specialized training programs, and strengthen fire protection across Saudi Arabia’s energy infrastructure through strategic collaboration.
Four Winds Saudi Arabia Joins Saudi-French Business Council to Expand International Partnerships
Four Winds Saudi Arabia Limited joins the Saudi-French Business Council to strengthen international partnerships and support Vision 2030’s goals of positioning the Kingdom as a global logistics hub through enhanced French cooperation.
Lenovo Appoints Tarek Alankari as Senior Vice President for Middle East, Turkey and Africa
Lenovo appoints Tarek Alankari as Senior Vice President and President for Middle East, Turkey and Africa, effective January 2026, to lead regional expansion from Saudi headquarters.
Hexagon: Saudi Arabia Launches World’s Largest Government Data Center with 480MW Capacity
SDAIA breaks ground on Hexagon, the world’s largest government data center with 480MW capacity and Tier IV certification in Riyadh.
INFINITI Saudi Arabia Strengthens Market Presence Through Manahil International Partnership
INFINITI Saudi Arabia partners with Manahil International to deliver Japanese luxury automotive experiences across the Kingdom, featuring QX80, QX60, and QX55 models through integrated showrooms and service centers.