Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
The 2025 Edition of GRIF Dubai Concludes at Full Capacity with Insightful Conversations Shaping the Future of Hospitality
Over its three-day run, attendees took part in a series of impactful discussions exploring neighbourhood culture, wellness, workplace evolution and investment trends shaping tomorrow’s hospitality landscape Dubai, UAE (10 October 2025): The final curtain has just been drawn on The Global Restaurant Investment Forum (GRIF) 2025, which brought together the world’s foremost restaurateurs, investors, developers and operators […]
SAS Opens Regional Headquarters in Riyadh
Commitment to Saudi Vision 2030 and regional digital transformation deepens Riyadh, Saudi Arabia (07-Oct-2025) – SAS, the global leader in data and AI, today announced the opening of its new Middle East and North Africa Regional Headquarters in Riyadh, Saudi Arabia. The announcement was made today at SAS Innovate on Tour in Riyadh, the company’s […]
Astra Tech Unveils ‘botim money’ as the Region’s Fintech-First Platform Enters a New Phase of Growth
Dubai, UAE | 7 Oct 2025 — Astra Tech, the UAE-headquartered consumer technology company, has officially rebranded PayBy, the platform powering botim’s financial services, to ‘botim money’, in a move that consolidates all financial offerings under a unified, consumer-facing identity. This step marks a strategic evolution in the company’s mission to simplify financial access for […]
NSG Geospatial Services Launches “NeoMaps” as the National Platform for Geospatial Services
Riyadh, Kingdom of Saudi Arabia – October 7, 2025: NSG Geospatial Services (NSGGS), owned by Neo Space Group (NSG), a PIF Company, announced the launch of its innovative geospatial platform, “NeoMaps”. This launch underscores the company’s role in supporting the Kingdom’s efforts to develop geospatial capabilities and enhance digital sovereignty in this vital sector, contributing […]
Zuhair Fayez Celebrates 50th Legacy and Signs a Strategic Memorandum of Understanding with Al Bawani to Enhance Future Projects
Riyadh, Saudi Arabia – Zuhair Fayez Company, a leading architecture and engineering company in in the Kingdom, celebrated its fifty-year anniversary, honoring a journey of vision, innovation and lasting impact since its founding in 1975. The unique event, held on Monday, October 6th, coincided with World Architecture Day, adding a symbolic significance to the occasion. […]
Saudi Arabia Becomes First in the World to Host SAP Business Network for Public Sector with Full Data Sovereignty Compliance
Entire range of SAP Business Network solutions to be hosted in the country, providing companies with access to a platform that facilitates more than USD 6.1 trillion in local and global trade annually. Riyadh, Saudi Arabia — 5 October 2025 — SAP today announced the planned public sector deployment of the full SAP Business Network […]
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Cuzdan LLC Partners with PayTabs Group to Power Azerbaijan’s Digital Payments Future
Cuzdan launches a nationwide payment orchestration platform built on PayTabs technology to drive financial inclusion and unlock growth for businesses and consumers. [Baku/Riyadh, 1 October 2025] Cuzdan LLC, one of Azerbaijan’s fast emerging financial institutions, today announced the rollout of its new nationwide payment orchestration platform. Powered by PayTabs Group’s award-winning payment orchestration infrastructure, the […]
DP WORLD & PAYPAL TO COLLABORATE ON CROSS-BORDER DIGITAL TRADE PAYMENTS
Goal is to expand access for merchants and marketplaces, simplifying cross-border payments with faster, more transparent settlement DUBAI, UNITED ARAB EMIRATES – 3 October 2025: DP World has signed a Memorandum of Understanding (MOU) with global commerce platform PayPal to collaborate on a first-of-its-kind digital payments initiative designed to simplify and speed-up cross-border trade. The […]
QNB Group receives Saudi Central Bank “SAMA” license approval for a new digital bank “ezbank”
In co-operation with Ajlan & Bros. Holding Doha, Qatar, 1 October 2025 – QNB Group, the largest financial institution in the Middle East and Africa, announced the license approval has been received for a digital-first banking entity, ezbank, from the Saudi Central Bank ”SAMA”, in cooperation with Ajlan & Bros. Holding, with a capital of […]
BenQ Leads Interactive Display Market with 36.51% Share in KSA
BenQ has maintained its No.1 leadership in the Middle East interactive display market for five consecutive years, capturing 36.51% market share in Saudi Arabia.
Deloitte Middle East opens applications for the fifth edition of Technology Fast 50 Program
Middle East – September 29th, 2025: Deloitte Middle East has opened registration for the fifth edition of the Deloitte Technology Fast 50 program, which spotlights and ranks the fastest-growing technology startups across the Middle East and Cyprus. Applications are now live, with companies invited to submit their forms before the registration window closes on December 19, […]
CIFC Partners with Fundbot to Power Invoice Financing for Egyptian Businesses
Partnership enables faster SME payments and scalable digital lending infrastructure in Egypt Dubai, UAE – 29 September, 2025: CIFC, the non-bank financial institution (NBFI) subsidiary of CIB , has announced a strategic partnership with Fundbot, the fintech solution to launch a fully digital factoring and embedded lending platform in Egypt. This initiative highlights CIFC’s commitment […]
Knowledge Economic City Launches Final Phase of Al-Alyaa Residential Project with Attractive Investment Opportunities
Madinah, Saudi Arabia, 29 September 2025: Knowledge Economic City (KEC), listed on the Saudi Stock Exchange (Tadawul), is continuing the sales of Al-Alyaa Residential Project, one of its most prominent flagship developments, which has been witnessing strong demand in the real estate market due to its strategic location and promising investment opportunities. Spanning more than […]
Sustainable Development Impact Meetings 2025 – Fostering Collaboration for Shared Challenges and Sustainable Development
Over 1,000 leaders from business, government, international organizations, civil society, academia and the innovation community gathered to advance economic growth, responsible technology and sustainable development. Held alongside the UN General Assembly, the meetings served as a platform to strengthen collaboration, renew shared priorities and advance a more inclusive, resilient future. Discussions addressed urgent global challenges […]
DCO and Member States Unite through WE-Elevate to Advance Female-Led Enterprises in the Digital Economy
New York, United States, 24 September 2025: The Digital Cooperation Organization (DCO), the world’s first standalone international intergovernmental organization dedicated to accelerating inclusive and sustainable digital economies, announced the expansion of its WE-Elevate program across all Member States on the sidelines of the United Nations General Assembly (UNGA80) in New York. Developed by the DCO […]
Meedaf and InDebted form strategic partnership to transform debt resolution in the UAE
Abu Dhabi, UAE – 24 September 2025: Meedaf, the financial services platform established in ADGM to serve financial institutions across the GCC, has formed a strategic partnership with InDebted, the global leader in AI-powered collections infrastructure. The partnership will see Meedaf make an investment in InDebted’s UAE entity aimed at expanding its regional presence. By […]
Qatar and Saudi Funds Launch Joint Initiative with UNDP to Sustain Public Services in Syria
New York, 24 September 2025 – On the sidelines of the 80th session of the United Nations General Assembly, Qatar Fund for Development (QFFD) and the Saudi Fund for Development (SFD), in partnership with the United Nations Development Programme (UNDP), have announced a landmark joint initiative to support the Syrian Arab Republic. Together QFFD and SFD are providing […]
Chief Economists Warn of Weak Growth as Economic Environment Shifts
New York, USA, 23 September 2025 – The global economy is entering a period of weak growth and systemic disruption, according to the World Economic Forum’s latest Chief Economists’ Outlook, published today. Some 72% of surveyed chief economists expect the global economy to weaken over the next year, amid intensifying trade disruption, rising policy uncertainty and accelerating […]
Devexperts Strengthens Middle East Presence with Week-Long Networking Program in Saudi Arabia
Saudi Arabia has become a focus market for the software developer, with several projects already underway. Bringing 20+ years of trading software development expertise, Devexperts will be launching a week-long networking program in the region this Autumn, including attendance at two major industry events.Riyadh – Devexperts, the software developer for the global capital markets industry, […]
Bupa Arabia Showcases Healthcare Innovation as Platinum Sponsor at Money 20/20
Supporting Digital and Financial Transformation in Healthcare Signing strategic partnerships to support the future of health insurance in the region Bupa Arabia for Cooperative Insurance participated as a Platinum Sponsor in the “Money 20/20 Middle East” Conference and Exhibition, the most prominent event in the field of financial technology in the Middle East, which was […]
Najm and Elm Sign a Partnership Agreement to Enhance Technological Systems and Data Exchange
Riyadh – September 21: Najm for Insurance Services has signed a cooperation agreement with Elm Company during its participation in the global Money20/20 Middle East conference, held in Riyadh from September 15 to 17. The agreement aims to establish a legal framework governing the relationship between the two companies in the areas of data exchange […]
Social Development Bank Wins Best Financier for Women Entrepreneurs Award at the G20 Young Entrepreneurs’ Alliance Summit (G20 YEA)
For the Second Consecutive Year Johannesburg, September 18, 2025: The Social Development Bank has achieved another international milestone by winning the Best Financier for Women Entrepreneurs Award during its participation in the G20 Young Entrepreneurs’ Alliance (G20 YEA) Summit, hosted in Johannesburg, South Africa, from September 18 to 24, 2025. The summit brings together more […]