Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
A Legacy of Empowerment and Leadership at PromoVision
Riyadh, Saudi Arabia – July 03, 2025:PromoVision proudly honors the remarkable leadership journey of its CEO, Dr. Bothina Momenah—a visionary who has dedicated over three decades to nurturing talent, fostering growth, and building a legacy of leaders within and beyond the organization. Since the early days of PromoVision, Dr. Bothina has led not only with […]
TASC Slashes Tech Hiring Time in Saudi Arabia with Launch of Tech Vertical AIQU
Riyadh, Saudi Arabia, 3 July 2025: Saudi Arabia’s Vision 2030 is driving a significant surge in demand for technology talent, especially in AI and machine learning. However, many companies face challenges such as lengthy hiring processes, high costs, and limited flexibility, which cause delays that put critical digital projects at risk. Overcoming these obstacles is […]
Johnson Controls Arabia First Saudi Company to Earn All Four ISO Customer Satisfaction Certifications
Jeddah, Saudi Arabia – July 2, 2025 – Johnson Controls Arabia (JCA) has achieved a historic milestone in customer service excellence, becoming the first and only Saudi company to earn all four ISO certifications in customer satisfaction, for the fourth consecutive year. This accomplishment positions JCA as a national and regional leader in building meaningful, […]
UAE Spending Surge Anticipated Heading into Dubai Summer Surprises 2025
Latest data from Checkout.com shows a 44% increase y-o-y in digital spending during last year’s Dubai Summer Surprises, with 62% of UAE consumers planning to increase their online shopping over the next year Dubai, UAE – 2 July 2025 – As the UAE gears up for another season of Dubai Summer Surprises (DSS), new data […]
Whish Visa Card Now Available in Google Wallet in Lebanon
Empowering Whish Android Users to Tap to Pay with Google Pay Saudi Arabia – June 25, 2025: Whish Money SAL, a leading fintech innovator, announced today that Whish Visa cards can now be added to Google Wallet, providing Android users with a fast, secure, and contactless way to pay. Newly launched in Lebanon, this feature […]
Riyad Bank and Mastercard launch a unique program empowering Micro, Small and Medium Enterprises in the Kingdom
Partnership will introduce three credit cards — Mastercard NMOO Executive Credit Card, Mastercard NMOO Business Credit Card, and Mastercard NMOO World Credit Card – to provide SMEs with enhanced access to funding Riyadh, Saudi Arabia, 29 May 2025 – Riyad Bank and Mastercard have collaborated to provide small and medium-sized businesses in Saudi Arabia with […]
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TDF Participates as “Strategic Partner” in Aseer Investment Forum
Abha – May 30, 2025: Under the patronage of HRH Prince Turki bin Talal bin Abdulaziz, Governor of the Aseer Region and Chairman of the Aseer Development Authority, the Tourism Development Fund (TDF) -the national enabler of the tourism sector- took part in the 2nd edition of the Aseer Investment Forum. The forum spotlights high-potential […]
Tires Recycled into New Heat-Resistant Roads for Pilgrims
Eco-conscious walkways made from recycled tyres offer cooler, softer routes in Mecca Mecca Saudi local authorities inaugurated an expanded, climate-controlled pedestrian walkway to prepare for the Hajj, which starts Wednesday, June 4th. This initiative aims to improve the comfort and accessibility of millions of pilgrims, including those with disabilities. Additionally, environmentalists commend the project for […]
Johnson Controls Arabia Inaugurates the Kingdom’s Largest YORK Air-Cooled Chiller Production Line
Johnson Controls Arabia, a global leader in Smart Building Controls, and energy efficiency solutions, has inaugurated the first-ever 600-ton air-cooled chiller production line at the YORK Manufacturing Complex in King Abdullah Economic City, Jeddah. This milestone is accompanied by the launch of Saudi Arabia’s first AHRI-certified performance testing lab dedicated for up to 600-ton air-cooled […]
Exclusive Partnership Between dubizzle and Paymob to Enhance User Experience and Advance Digital Payment Services
Cairo – May 28, 2025 dubizzle (formerly OLX), Egypt’s top online classifieds platform in Egypt and the MENA region, has announced a strategic partnership with Paymob, the leading financial services enabler in the MENA. By leveraging Paymob’s advanced infrastructure and secure technology, this exclusive collaboration aims to streamline and empower digital payment capabilities across dubizzle’s […]
In a Warming World, Mecca Cools Down: Saudi Arabia Expands ‘White Road’ Project
As temperatures soar, heat-reflective roads and soft walkways offer critical relief for millions during the Hajj. Overview Eng. Saleh Al-Jasser, Saudi Arabia’s Minister of Transport and Logistics Services and Chairman of the Roads General Authority, has launched a cooled pedestrian walkway project in Mecca that also enhances accessibility for people with disabilities. Cooled Roads Initiative […]
Emirates NBD partners with VFS Global to empower consumers with exclusive benefits and services
Riyadh, Saudi Arabia – 14 May 2025: Emirates NBD, the leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has signed a partnership agreement with VFS Global — the world’s largest visa outsourcing and technology services specialist — to offer consumers across the Kingdom access to exclusive benefits. The agreement was […]
Stargate UAE Launch: OpenAI’s Global AI Expansion
OpenAI has announced the groundbreaking Stargate UAE launch, marking a significant milestone in global AI infrastructure development. This initiative represents the first international deployment of Stargate, OpenAI’s advanced AI infrastructure platform. It’s a crucial step towards building frontier-scale compute capacity worldwide, aiming for safe, secure, and broadly beneficial AGI. This partnership is also the inaugural […]
The Saudi Cultural Development Fund Launches Nama’ Accelerators
in Partnership with the Saudi Ministry of Culture and Quality of Life Program,Starting with the Handicrafts Track Riyadh, Saudi Arabia – The Saudi Cultural Development Fund (CDF) announced Nama’ Accelerators, the first of its kind in the Kingdom, in partnership with the Saudi Ministry of Culture and the Quality-of-Life Program, one of Vision 2030 realization programs. […]
Buildnow is Now Aajil: A Bold New Chapter Empowering Saudi Businesses with Speed, Trust, and Growth
Riyadh, Saudi Arabia, 25th May 2025: Buildnow, the Saudi-born pioneer in Micro and Small to Medium Enterprise (SME), ‘Buy Now Pay Later’ (BNPL) solutions, proudly announces its rebrand to Aajil (عاجل), an Arabic word meaning urgent or immediate. This change shows how the company is growing beyond one sector, helping small and medium businesses across […]
Saudi Family Business Innovation & Sustainability
Saudi family businesses are embracing innovation and sustainability. Discover insights from the recent forum in Riyadh. Learn more!
D360 Bank reaches one million customers in Saudi Arabia
D360 Bank reaches one million customers in four months, reshaping Saudi digital banking with innovative and Shariah-compliant solutions. Learn more today.
GE Vernova Saudi Initiatives Boost Energy Transition | GE Vernova
GE Vernova announces $14.2B in GE Vernova Saudi initiatives to accelerate the Kingdom’s energy transition with U.S. tech. Learn about these major collaborations!
Mastercard Cyber Resilience KSA: New Center Launched
Mastercard launches its new Cyber Resilience Center in KSA, enhancing Mastercard Cyber Resilience KSA efforts with Riyad Bank. Discover how this boosts regional cybersecurity. Learn more!
ACCIONA Global Water Awards: Two Top Wins
ACCIONA has proudly announced significant victories at the recent ACCIONA Global Water Awards, hosted by Global Water Intelligence magazine in Paris on May 19th, 2025. The company secured two highly coveted awards, underscoring its leadership in the global water sector. These accolades recognize ACCIONA’s innovative solutions in both desalination and sewage treatment, highlighting major projects […]
Mastercard Appoints Saud Swar as Country Manager for Saudi Arabia, Bahrain, Jordan & Levant
Mastercard appoints Saud Swar as Country Manager for Saudi Arabia, Bahrain, Jordan, and Levant, enhancing its leadership team and expanding regional impact.
ALEC FITOUT Expands Saudi Team 10x to Support Museum, Hospitality, and Entertainment Projects
Riyadh, Saudi Arabia – May 13, 2025: ALEC FITOUT is making a significant investment in the Saudi Arabian market, scaling its local team tenfold to meet the surging demand for luxury hospitality, museum, cultural, and themed entertainment projects. With a current management staff of 160, the company is ramping up its workforce to enhance its […]