Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Saudi Central Bank Announces Launch of Google Pay via mada in Saudi Arabia
The Saudi Central Bank (SAMA) launches Google Pay via the mada network, allowing users to add and manage mada debit and digital credit cards through Google Wallet. A key step in advancing Saudi Arabia’s digital payment ecosystem and Vision 2030.
SAMA Signs Agreement to Launch Alipay+ Payments via mada in Saudi Arabia by 2026
The Saudi Central Bank (SAMA) partners with Ant International to launch Alipay+ payment acceptance via mada in 2026, supporting Vision 2030 and advancing Saudi Arabia’s digital payment ecosystem.
Wadi Jeddah Signs Cooperation Agreement with the National Housing Company to Strengthen Investment and Community Initiatives
[Jeddah, Saudi Arabia – 14 September 2025] –Wadi Jeddah, the investment arm of King Abdulaziz University, has signed a strategic cooperation agreement with the National Housing Company (NHC). The agreement reflects Wadi Jeddah’s ongoing commitment to building high-value partnerships that drive economic and social development while contributing to the national transformation agenda. The agreement aims […]
Saudi Arabia’s Baby Expo Highlights Parents Spending Over SAR 60,000 in Baby’s First Year
The Middle East’s largest maternity, baby, and toddler event will take over The Arena Riyadh Venue from October 30th to 31st, bringing together more than 10,000 parents to explore top brands, exciting giveaways, the latest products, and learn tips and tricks from leading experts Following the success of its Dubai editions and backed by insights from a recent […]
Dr. Lisa Su, Chair and CEO of AMD, to Keynote CES 2026 on how AI is Changing the World
As keynote programming expands, CES 2026 registration opens DUBAI, UAE – September 12, 2025 – The Consumer Technology Association (CTA)® welcomes Dr. Lisa Su, Chair and CEO of AMD, as a keynote speaker at CES® 2026, the most powerful tech event in the world. Dr. Su will return to the CES keynote stage to highlight […]
Netflix Co-Founder Marc Randolph and other global speakers will join the upcoming INMerge Innovation Summit 2025 organized by PASHA Holding
(Baku, Azerbaijan – September 11th, 2025) – The INMerge Innovation Summit, Azerbaijan’s largest innovation and entrepreneurship gathering organized by PASHA Holding, will return on September 29–30, 2025, at the Baku Convention Center for its fifth edition. This year’s program will bring together world-renowned innovators and business leaders, including Marc Randolph, Co-Founder of Netflix, Zack Hass, […]
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PwC strengthens its commitment to Saudi Arabia through investment in talent, infrastructure and community impact
Riyadh, Saudi Arabia – 11 September 2025 – At PwC Middle East’s Annual Partners’ Meeting in Riyadh, which brought together more than 500 partners from across its global and regional network, the firm announced a strengthened commitment to Saudi Arabia. This commitment spans investment in people, innovation, and community impact; from developing Saudi talent and […]
Etijah Marks 15 Years of Shaping Purposeful Careers Across the Region
Riyadh, Saudi Arabia– September 2025 — Etijah Coaching and Consulting Services proudly celebrates its 15-Year Anniversary, marking a decade and a half of empowering individuals, building impactful partnerships, and guiding thousands of professionals—especially youth and women—toward careers with purpose across the MENA region. Founded in 2010 by Dina Shabib, Etijah was born from a vision […]
WP Engine Expands to UAE to Power Enterprise Digital Growth
New Dubai-based Microsoft Azure data center enables large-scale customers to significantly optimize website performance and deliver superior user experiences to drive business growth AUSTIN, Texas & DUBAI, United Arab Emirates–(BUSINESS WIRE)– WP Engine, a global web enablement company providing premium products and solutions for websites built on WordPress®1, today announced it has expanded its EMEA presence […]
Phoenix Contact Expands Footprint in Saudi Arabia with Launch of Phoenix Contact Trading LLC
Riyadh, Saudi Arabia – 09/2025Phoenix Contact, a global leader in industrial automation and connectivity solutions, proudly announces the establishment of Phoenix Contact Trading LLC in Riyadh, Saudi Arabia. Founded in 2024, this strategic expansion marks a significant milestone in the company’s commitment to deepening its presence in the region and aligning with Saudi Arabia’s dynamic economic and […]
Beyond ONE Marks New Era: Riyadh Office Opens, Redefining Workspaces in KSA
Riyadh, Saudi Arabia – On September 10, Beyond ONE celebrated the official opening of its new Riyadh office, signalling a major milestone for the region’s future of work. The event, attended by the group’s leadership and local partners, showcased Beyond ONE’s commitment to people-first, sustainable office design, uniting Virgin Mobile KSA, FRiENDi Mobile and FRiENDi […]
Al Murjan Group and BlueFive Capital Launch Sharia-compliant Asset Management Investment Platform
Jeddah, Saudi Arabia, 08 September, 2025: Al Murjan Group, one of Saudi Arabia’s most established and respected family business groups, and BlueFive Capital, a global investment platform, are pleased to announce a cross-shareholding strategic linkup to co-develop a global platform for Islamic finance. The partnership includes reciprocal ownership stakes in the two stakeholders’ respective Sharia-compliant […]
Al-Futtaim Contracting and Hyundai Elevator Sign Exclusive Partnership to Elevate Vertical Transportation Across Saudi Arabia
Riyadh, Saudi Arabia; 9 September 2025: Al-Futtaim Contracting, a fully integrated, end-to-end specialist division of Al-Futtaim Real Estate operating across the UAE, Saudi Arabia, Qatar, and Egypt, has been delivering innovative solutions in the Construction, Engineering, Technologies, and Facilities Management industries for over 50 years. Known for forging strong partnerships with leading global brands, the […]
StashAway launches Shariah Global Portfolio in the UAE for values-driven investors eyeing competitive returns
Dubai, 9 September 2025 – StashAway, a digital investment platform, has launched its Shariah Global Portfolio in the UAE. Across four portfolio risk levels, the Shariah-compliant, globally diversified portfolios have delivered historical returns of up to 13.7%* annually over the past 5 years. These portfolios enable investors to build long-term wealth in a way that […]
Najm takes part at Money20/20 Middle East as Gold Sponsor
Riyadh – September 9, 2025 Najm for Insurance Services has announced its participation as a Gold Sponsor of the upcoming Money20/20 Middle East, the region’s top event for financial technology. The conference will be held at the Riyadh Exhibition & Convention Center, Malham during 15-17 September, 2025. Najm’s role in this global event highlights its […]
TikTok Unveils the TikTok Effect Report: Platform Contributes SAR 3.9 billion to Saudi GDP and Supports Over 25,000 Jobs
Riyadh, Saudi Arabia, 09 September 2025 – TikTok, in collaboration with strategy consulting firm Redseer Strategy Consultants, released its first socio-economic impact report in Saudi Arabia, The TikTok Effect. The report details how the platform contributes to economic diversification, supports entrepreneurship, and strengthens Saudi cultural identity. As Saudi Arabia advances toward its Vision 2030 goals, […]
The Ministry of Municipalities and Housing launches “SEREDO 2025”
Jeddah– The Ministry of Municipalities and Housing launched the “SEREDO 2025” exhibition on Tuesday, at the Jeddah Superdome. The Ministry’s Undersecretary for Housing Supply and Real Estate Development, Eng. Abdulrahman Al-Tawil, inaugurated the exhibition in the presence of several representatives of relevant government agencies, a select group of real estate developers, financing entities, and experts […]
STC Bank Wins Fastest Growing Bank Award from Global Brand Frontier
STC Bank has been recognized as the Fastest Growing Bank in Saudi Arabia by the Global Brand Frontier Awards, highlighting its role as a leader in digital banking and FinTech innovation.
LG TAPS MIDDLE EAST GROWTH WITH NEOM OXAGON AI DATA CENTER PARTNERSHIP
Company Accelerates Growth Strategy, Expanding Footprint in the Global South Riyadh, Saudi Arabia: Sep. 8, 2025 — LG Electronics (LG) CEO William Cho is advancing the company’s Global South growth strategy through a strategic partnership to provide cooling solutions for an AI data center under development in Oxagon, the industrial hub of Saudi Arabia’s NEOM […]
IFA 2025: Focus on innovation and internationality
Berlin, 7 September 2025 – Innovations from around the world, international collaborations and young start ups are continuing shaping the picture today at IFA, the largest event for home and consumer tech. With IFA Next and IFA Global Markets, IFA Berlin is underlining its commitment to driving innovation and new business models. IFA Next: The stage […]
Nigerian entrepreneurs are the architects of the digital future says Lagos State Deputy Governor as GITEX NIGERIA champions national & regional startup ecosystems
Lagos, Nigeria – 07 September 2025: The inaugural GITEX NIGERIA concluded in a tremendous fashion this Thursday in Lagos, as West Africa’s largest tech, AI, and startup show cast a spotlight on the influence of emerging local and regional entrepreneurs. Held under the patronage of H.E. Bola Ahmed Tinubu GCFR, President of the Federal Republic […]
IFA Innovation Awards winners announced: top consumer tech innovations recognizedat IFA 2025
Berlin, 5 September 2025 – The inaugural IFA Innovation Awards winners were announced liveon the Innovation Stage by Leif Lindner, CEO of IFA Management GmbH, at 14:30 during IFA2025, the world’s largest event for home and consumer tech. The global awards program, whichlaunched this year, has successfully identified and celebrated standout products shaping thefuture of […]