Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Korean AI Firms Present Full-Stack Solutions at LEAP 2026 in Riyadh
Korean AI firms are showcasing full-stack artificial intelligence solutions, semiconductors, and digital twin systems at LEAP 2026 in Riyadh.
Saudi Digital Economy Value Reaches SAR 522 Billion as AI Expansion Accelerates
Saudi Arabia’s digital economy reached SAR 522 billion, with tech sector jobs expanding to 410,000 and the Kingdom hosting nine regional unicorn companies.
Adobe CEO Highlights Artificial Intelligence and Digital Creativity at LEAP26
Adobe CEO Shantanu Narayen discussed how artificial intelligence shapes digital creativity and modern enterprise software during his keynote address at LEAP26.
Saudi Communications Minister Details 99% Coverage and 2028 Network Targets
Communications Minister Al-Swaha reported 99% basic telecom coverage in Al-Baha and Asir, outlining 2028 expansion targets for 5G and fiber networks.
Saudi Arabia Expands Fiber Coverage to 5.8 Million Homes
Saudi Arabia has expanded fiber optics coverage to 5.8 million homes, reducing the digital divide to 1% while ranking among the top five globally.
Saudi Arabia Hosts First International xAI Data Center Outside US
Saudi Arabia has been selected to host xAI’s first international data center outside the US, alongside new hardware manufacturing and server export projects.
Ad
Saudi Arabia to Issue Freedom of Information System to Regulate Data Sharing
Saudi Arabia will introduce a Freedom of Information system to govern data exchange, safeguard national sovereignty, and stimulate digital innovation.
Human Talent Drives Digital Transformation at Aramco According to Executive at LEAP 2026
Sami Alajmi of Saudi Aramco highlighted at LEAP 2026 how human talent drives enterprise digital initiatives.
National Auto Award Launches Digital Platform Documenting 14 Years of Automotive Sector Milestones
The National Auto Award launched a digital archive documenting 14 years of Saudi automotive achievements ahead of its 14th edition in Jeddah.
specialized by stc Showcases Critical Communication Networks and Hadath Platform at LEAP 2026
specialized by stc presented its Business Critical Network and Hadath event management platform at LEAP 2026 to support industrial operations across Saudi Arabia.
LEAP 2026 Opens in Riyadh with Global Tech Leaders and Major Showcases
LEAP 2026 opens in Riyadh featuring 1,289 investors managing $14.5 trillion, robotics demos, and executive speakers from AMD, Cisco, and NVIDIA.
Meta Tests Data Center Robots to Automate Server Maintenance and Infrastructure Tasks
Meta is testing specialized robots to handle cable replacement, server restarts, and rack maintenance across its growing infrastructure network.
Salam Announces Strategic Sponsorship of LEAP 2026 and Unveils AI Connectivity Solutions
Etihad Salam Telecom Company has announced its strategic sponsorship of LEAP 2026, unveiling its Connectivity+ portfolio and AI solutions in Riyadh.
Opening Round of Saudi Toyota Championship Concludes at Jeddah Corniche Circuit
Mamoun Amr Alkabbani set the fastest time of 1:12.279 as 88 drivers competed in the opening round of the Saudi Toyota Championship Time Attack in Jeddah.
Johnson Controls Arabia Concludes Industrial Hackathon with 18 Student Engineering Solutions
Johnson Controls Arabia and the University of Jeddah concluded the first Industrial University Projects Hackathon, showcasing 18 student engineering solutions.
Sony Music and Warner Chappell File Major Copyright Lawsuit Against Anthropic
Sony Music and Warner Chappell have sued Anthropic over alleged copyright infringement in training its Claude AI model, seeking significant statutory damages.
OpenAI Demonstrates Astra AI Agent Capable of Operating for Weeks
OpenAI demonstrated Astra, an autonomous AI agent capable of continuous operation for weeks within ChatGPT and its programming interface.
stc Group Sponsors Free General Admission Tickets for LEAP 2026
stc group has sponsored free general admission tickets for LEAP 2026 through August 30, ahead of the technology conference in Malham.
Venture Capitalist Chibo Tang Joins LEAP 2026 in Riyadh to Discuss Tech Ecosystems
Venture capital investor Chibo Tang joins LEAP 2026 in Riyadh to share insights from managing over $200M across Asian technology startups.
SAMI Advanced Electronics Showcases Local Defense and Digital Tech at LEAP 2026
SAMI Advanced Electronics will present its portfolio of locally built software, cybersecurity tools, and smart systems at the LEAP 2026 conference in Riyadh.
Saudi Toyota Championship Time Attack Opens Round 1 at Jeddah Corniche Circuit
The Saudi Toyota Championship Time Attack completed practice sessions in Jeddah with 74 drivers passing technical scrutineering ahead of Saturday runs.
Nutanix Showcases Hybrid Multicloud and Agentic AI at LEAP 2026
Nutanix presents its unified cloud platform and AI solutions at LEAP 2026 in Riyadh, announcing NC2 cluster availability and bare-metal Kubernetes tools.