Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Johnson Controls Arabia to Power the Future of Sports Infrastructure at the 2025 World Stadiums and Arenas Summit in Riyadh
As Saudi Arabia Prepares to Host the 2034 FIFA World Cup, the Company Reaffirms Its Commitment to Saudi Vision 2030 Riyadh – 1/5/2025 – With decades of experience in delivering smart, energy-efficient technologies to some of the world’s most iconic sports venues, Johnson Controls Arabia is poised to play a key role in enabling the […]
Middle East stands out as a growth outlier amid recession risks, inflation pressures, and policy uncertainty
As the Global Economy Stalls, St. James’s Place Calls for Investment Resilience and Discipline Dubai, UAE – 30 April 2025 – Against the backdrop of rising global volatility, St. James’s Place (SJP), a FTSE-listed global financial advisory firm with over one million customers and $245 billion in assets under management, is urging investors to stay […]
“Mawani” and “Alissa Universal Motors” Sign Agreement to Establish a Logistics Zone at King Abdulaziz Port in Dammam with an Investment Value of SAR 300 Million
The Saudi Ports Authority “Mawani” and Alissa Universal Motors—a subsidiary of Abdul Latif Alissa Holding Group—have signed an agreement to establish a logistics zone at King Abdulaziz Port in Dammam, with a total investment value reaching SAR 300 million. The project includes development and construction works over an area exceeding 382,000 square meters, for a […]
World With Purpose KSA 2025 opens in Riyadh, leading the agenda for global and regional family businesses driving sustainable economic development
Riyadh, Saudi Arabia, 28 April 2025: The second edition of World With Purpose KSA 2025, created by Roberta Calarese, Founder and CEO of GHAYA, opened earlier today in Riyadh, under the theme The Purpose Legacy – Where family businesses meet to write the future. GHAYA, the organisation behind World With Purpose, has firmly established the […]
AKI sets the stage for continued growth with next-generation fulfilment centre
Dubai, UAE – 24 April 2025: Building on an entrepreneurial spirit spanning more than four decades, Al Khayyat Investments (AKI) has inaugurated a state-of-the-art Fulfilment & Innovation Centre in Dubai Industrial City, part of TECOM Group PJSC, that will serve as a cornerstone for the company’s continued regional expansion. The 1 million sq ft […]
Nissan Saudi Arabia Closes Fiscal Year 2024 with Exceptional Market Performance: Double-Digit Growth and Strong Momentum in Sales and Market Share
Jeddah, Kingdom of Saudi Arabia – XX April 2025: Nissan Saudi Arabia concluded the fourth quarter of fiscal year 2024 with outstanding results, achieving significant growth in both sales and market share. This performance reinforces the company’s position as a leading automotive brand in the Kingdom and across the region. In Q4, Nissan’s market share […]
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Tesla’s Crucial Earnings Day: Can Elon Musk Reverse the 2025 Slump?
Josh Gilbert, Market Analyst at eToro Dubai, April 22, 2025 – Tesla Inc. is set to report its Q1 earnings tonight in what is shaping up to be a critical moment for the electric vehicle (EV) giant and its visionary CEO, Elon Musk. With shares down 44% year-to-date, Tesla is currently the worst-performing stock among […]
Four Agreements Signed in the Presence of Riyadh Governor at SDB’s 53rd Anniversary Celebration, Marking the Launch of the “Jada 30”
Riyadh, April 22, 2025 His Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region, presided over the Social Development Bank’s (SDB) 53rd anniversary celebration on Monday, April 21, 2025, which also marked the official launch of the “Jada 30” initiative at SDB’s headquarters in Riyadh. Upon his arrival, His Royal Highness was […]
Mastercard and McLaren Racing bring partnership to life at Saudi Arabian Grand Prix
Riyadh, Saudi Arabia, 21 April 2025 – For the first time, Mastercard’s global partnership with the McLaren Formula 1 Team took center stage at the Formula 1 Saudi Arabian Grand Prix in Jeddah. The new partnership marks the coming together of two preeminent brands known for their focus on innovation and setting the standard in […]
Mastercard and Amazon Collaborate to Provide up to Six Months of Amazon Prime Membership to Millions of Customers in Saudi Arabia
All Mastercard credit and debit cardholders can now enjoy up to six months of Amazon Prime membership at no additional cost, unlocking a world of savings and entertainment, including fast and free shipping, Prime Video, Prime Gaming, and Exclusive Savings Saudi National Bank cardholders will enjoy added exclusive shopping discounts with their Mastercard provided Amazon […]
Social Development Bank signed an agreement with Sulaiman Al-Rajhi Foundation for Development Finance on the occasion of the ‘3 Billion’ Ceremony
Under the Patronage of the Minister of Human Resources and Social Development Riyadh – April 21, 2025His Excellency the Minister of Human Resources and Social Development (HRSD) and Chairman of the Board of Directors of the Social Development Bank (SDB), Eng. Ahmed bin Sulaiman Al Rajhi, sponsored the ceremony organized by the Sulaiman Al-Rajhi Foundation […]
stc Group to spearhead multicloud tech innovation in MENA with Kyndryl
Riyadh, Saudi Arabia, 16 April 2025 – stc Group, a leading digital enabler, has announced a multiyear strategic partnership with Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, to develop an advanced multicloud management platform strategy. Aligned with Saudi Vision 2030, this initiative aims to simplify cloud adoption for stc customers and […]
Minister of Environment, Water and Agriculture Launches “Sabil,” the National Grains Supply Company
Riyadh, 2025-04-15: Under the patronage of His Excellency Engineer Abdulrahman bin Abdulmohsen Al-Fadhli, Minister of Environment, Water and Agriculture Chairman of the Board of Directors of the General Food Security Authority and SALIC Group, the National Grains Supply Company “Sabil” was launched today during an official ceremony held at the Ministry’s headquarters, in the presence […]
Four Winds Leads a Strong Saudi Presence in the Global Logistics Sector
Al Mani: “We now have robust capabilities to offer international shipping services spanning the globe, significantly enhancing our competitive advantage and further solidifying our established leadership in comprehensive, integrated logistics services across Saudi Arabia for over 45 years.” Jeddah, Saudi Arabia, April 15, 2025: Four Winds Saudi Arabia Limited, a leader in comprehensive and integrated […]
TCS Unveils the ‘TCS Digital Twindex Report for Future-Ready Manufacturing’
Launched at Hannover Messe 2025 in Germany (March 31-April 4), the report features insights from clients, industry partners, futurists, and TCS executives and offers a strategic blueprint for AI & Digital Twin-Powered Manufacturing The ‘TCS Digital Twindex Report for Future-Ready Manufacturing’ is part of a cross-industry series Dubai, United Arab Emirates, APRIL 11, 2025: Tata […]
AIM Congress 2025 Concludes in Abu Dhabi, Cementing UAE’s Position as a Global Investment Hub
Abu Dhabi, UAE – April 11, 2025: The 14th edition of AIM Congress concluded successfully at the Abu Dhabi National Exhibition Centre (ADNEC), following three days of specialized discussions, strategic ministerial meetings, high-profile global forums, exhibitions, and networking sessions. Held under the theme “Mapping the Future of Global Investment: The New Wave of a Globalized […]
إي آند” تطلق خدمة استمرارية الأعمال
تتيح الخدمة المتكاملة للمؤسسات تعزيز المرونة وإدارة المخاطر بشكل استباقي وضمان استمرارية الأعمال والامتثال أبوظبي، 11 أبريل 2025: أعلنت مجموعة “إي آند” عن إطلاق خدمة استمرارية الأعمال وذلك على هامش القمة العالمية لإدارة الأزمات والطوارئ 2025 التي نظمتها الهيئة الوطنية لإدارة الطوارئ والأزمات والكوارث. وتُعد هذه الخدمة حلاً متكاملاً يساعد المؤسسات على تحديد التهديدات المحتملة […]
AppyThings strengthens presence in META, driving digital transformation through secure, API-powered solutions
Riyadh, KSA – 09 April 2025 – AppyThings, a Google Cloud-specialized IT integration partner and hyperspecialist in API and event-driven architecture, headquartered in the Netherlands, is expanding its footprint across the Middle East, Turkey, and Africa (META) region. With a decade-long track record of success and more than 100 global customer references, the company is […]
SRMG Launches SRMG Media Solutions (SMS): Transforming Advertising with Data-Driven Strategies and Unmatched Audience Reach
SMS empowers brands to connect with over 170 million users worldwide through innovative, AI-powered media solutions Riyadh, 8 April 2025. SRMG, the MENA region’s largest integrated media group, today announced the launch of SRMG Media Solutions (SMS), a next generation, data-driven media solutions company designed to deliver innovative, results focused advertising strategies. Building on the […]
Middle Eastern Banks Set for AI-Driven Transformation, Finastra Report Reveals
Dubai, UAE – April 07, 2025: The adoption of artificial intelligence (AI) in the Middle Eastern banking sector could significantly contribute to regional economic growth, potentially adding as much as 13.6% to GDP by 2030, according to industry analysts. Finastra’s Financial Services State of the Nation 2024 survey reveals that banks in the UAE and […]
Global Experts Unite at AIM Congress 2025to Shape the Future of Smart Cities and Sustainable Urban Development
Abu Dhabi, 9th April– A distinguished gathering of global leaders, innovators, and policymakers convened at this year’s AIM Congress, where they explored the transformative role of technology in advancing sustainable and human-centric urban development. The event brought together trailblazers from the public and private sectors, multilateral organizations, and academia, offering strategic insights into building the […]
Hamed bin Zayed attends opening ceremony of AIM Congress 2025
Abu Dhabi, 08 April 2025: His Highness Sheikh Hamed bin Zayed Al Nahyan, Managing Director of Abu Dhabi Investment Authority, has attended the 14th edition of AIM Congress, held at Abu Dhabi National Exhibition Centre (ADNEC Centre Abu Dhabi). The event, convened under the theme Mapping the Future of Global Investment: The New Wave of a […]