Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Deloitte Middle East Holds 2025 Partners Meeting in Dubai, Focuses on AI Transformation
Deloitte Middle East holds Annual Partners Meeting 2025 in Dubai, focusing on AI transformation and regional collaboration.
Google Cloud and Qatar MCIT Renew Strategic Agreement at MWC Doha
Google Cloud and Qatar’s MCIT formalize renewed agreement at MWC Doha to accelerate digital transformation initiatives.
Roblox: More Than Child’s Play – Understanding the Digital Economy in Your Living Room
Is your child spending Riyals on Robux? Discover the hidden economics of Roblox, how the “Play-bor” system works, and essential financial safety tips for Saudi families.
Ramco Systems Celebrates 20 Years in the Middle East, Unveils Vision for the Future at Milestone Event
Doubles down on AI-native applications and localized innovation to shape enterprise technology in the region December 3rd, Dubai, UAE: Ramco Systems, aglobal enterprise software company offering next-generation SaaS-enabled platforms and products, celebrated two decades of powering enterprise transformation in the Middle East. To mark this milestone, Ramco hosted Ramco@20 – Experience That Matters, a full-day […]
Social Development Bank Announces DeveGo 2025 Entrepreneurship Forum in Riyadh
Three-day forum features global experts, 70 workshops, and 3,000 advisory sessions for entrepreneurs.
Paymentology Releases Guide for Card Issuing in Saudi Arabia
New resource covers regulation, infrastructure, and operating models for card programmes in Kingdom’s growing payments market.
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AVEVA Wins Microsoft’s 2025 Manufacturing Partner of the Year Award
Industrial software company recognized for Azure-based solutions supporting smart manufacturing and supply chain operations.
Financial Sector Accounts for 30% of Spam Calls in UAE, Data Shows
UAE financial sector spam calls account for nearly 30% of unwanted communications, Truecaller data shows. Banking leads reports despite low regional spam.
Riverbed Launches Aternity Cloud Hosted in the Kingdom of Saudi Arabia; Confirms Regional Headquarters in Riyadh
Strategic SaaS deployment and investment enable customers to leverage Riverbed’s industry-leading observability capabilities while supporting data sovereignty within the Kingdom’s borders Riyadh, Saudi Arabia – November 25, 2025 – Riverbed, the leader in AIOps for observability, today announced the launch of its Riverbed Aternity® Cloud solution hosted in-country for the Kingdom of Saudi Arabia. With […]
Wadi Jeddah, MISA & CIC Partner to Boost Saudi Arabia’s Knowledge Economy
During Saudi-US Investment Forum 2025 in the US [Washington, D.C., USA, 19 November 2025] – Wadi Jeddah, the strategic investment and innovation arm of King Abdulaziz University (KAU) together with the Saudi Ministry of Investment and the Cambridge Innovation Center (CIC) in the United States, signed an agreement aimed at strengthening the Kingdom’s innovation and […]
stc group Showcases Digital Leadership as Founding Partner of Connected World 2025
Riyadh, Saudi Arabia, November 20, 2025: stc group, Saudi Arabia’s leading digital enabler, demonstrated its commitment to shaping the Kingdom’s digital future at Connected World 2025, held on November 18-19 at Roshn Front. As a Founding Partner, the group showcased its latest digital solutions and entered into three strategic agreements with tech innovators to further […]
PwC: Buyers in KSA & UAE Pay 7% More for Green Homes
November 18, 2025; Riyadh, Kingdom of Saudi Arabia – A new PwC Middle East survey has revealed a decisive shift in the GCC housing market, where sustainability has matured from a differentiator to a baseline expectation. Homebuyers in Saudi Arabia and the UAE are now willing to pay an average 7% premium for homes with […]
Google Cloud Saudi Summit Highlights SAR 31B Economic Impact
Riyadh, Saudi Arabia — November 18, 2025 — The second annual Google Cloud Saudi Summit concluded yesterday in Riyadh, gathering over 2,500 in-person attendees—a diverse audience of leaders, innovators, and visionaries—under the theme: “In the Cloud: The New Reality of Saudi Innovation.” The event served as a powerful showcase of Google Cloud’s deep commitment to […]
Paymentology Launches PayCredit to Boost Credit Innovation
New credit solution integrates card issuing and credit ledger management, helping financial institutions in the region reduce complexity and accelerate time to market. Riyadh, Saudi Arabia – 17 November 2025 – Paymentology, the leading global issuer-processor, has announced the launch of PayCredit, an advanced credit ledger platform designed to help digital banks and financial institutions […]
LG RELEASES THIRD-QUARTER 2025 FINANCIAL RESULTS
Strong Performance in Home Appliance and Vehicle Solutions Drives Second-Highest Third-Quarter Revenue in Company History Riyadh, Saudi Arabia, Nov. 16, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 21.87 trillion and operating profit of KRW 688.9 billion for the third quarter of 2025. The Home Appliance Solution (HS) Company and Vehicle […]
Midad and Kerzner Form JV to Bring Atlantis, One&Only to Jeddah
Riyadh, Saudi Arabia, 13 November 2025: Midad Real Estate Company has announced a landmark joint venture with Jeddah Central Development Company (JCDC), a Public Investment Fund (PIF)-owned company, and Kerzner International, the global hospitality leader behind the iconic Atlantis and One&Only brands. The signing took place at TOURISE Global Summit, in attendance of the Ministry of […]
DIB Successfully Issues Debut Sustainability-Linked Financing Sukuk
Dubai, UAE – 14 November 2025: DIB, the world’s first Islamic bank and the largest in the UAE (rated A3 by Moody’s and A by Fitch), announced that it has successfully accessed the international Sukuk market with a USD 1 billion Sustainability-Linked Sukuk, priced at a profit rate of 4.572% per annum with a tenor […]
Social Development Bank Launches DeveGo 2025 Forum
Riyadh, 12 November 2025 As part of its commitment to transforming Saudi entrepreneurship and empowering Small and Emerging Enterprises to grow and thrive in a rapidly evolving global economy, the Social Development Bank (SDB) has announced the second edition of the Entrepreneurship and Modern Business Practices Forum (DeveGo 2025). Established under the patronage of His […]
The Regional Edition of the “Microsoft Intelligent Manufacturing Award (MIMA)” is now in the Middle East
Riyadh, Saudi Arabia; 09 November 2025: Roland Berger Middle East, in partnership with The Ministry of Industry and Mineral Resources, Microsoft Arabia, and Shurfah Holding, has announced the launch of the regional edition of the Microsoft Intelligent Manufacturing Award (MIMA) in the Kingdom of Saudi Arabia — one of the world’s most prestigious awards recognizing […]
Wadi Jeddah and Jeddah Municipality Sign Agreement to Enhance Digital Transformation and Innovation in Municipal Services
[Riyadh, Kingdom of Saudi Arabia – 06 November 2025] – Wadi Jeddah Company, the investment and innovation arm of King Abdulaziz University, announced the signing of a cooperation agreement with the Jeddah Municipality during the Digital Government Forum, a national platform that brings together public and private sector leaders to advance digital transformation and exchange […]
Deloitte Middle East Launches Human Capital Trends 2025 Report: Navigating Work in the Age of AI, Agility, and Human Sustainability
The report explores how AI, skills-based models, and human sustainability are reshaping the future of work across the region, as employers balance empowerment and control to deliver growth Dubai, UAE – November 4th, 2025: Deloitte Middle East has launched its Human Capital Trends Report 2025, unveiling eight timely studies that examine the evolving relationship between […]
LG Releases Third-Quarter 2025 Financial Results
Strong Performance in Home Appliance and Vehicle Solutions Drives Second-Highest Third-Quarter Revenue in Company History Dubai, United Arab Emirates, November 3, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 21.87 trillion and operating profit of KRW 688.9 billion for the third quarter of 2025. The Home Appliance Solution (HS) Company and […]