Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
flynas Launches New Abha Operations Base Connecting 11 International and Domestic Routes
flynas establishes fifth operational hub at Abha International Airport starting March 29, offering 11 international and domestic routes in partnership with Cluster2 and Aseer Development Authority, becoming first Saudi airline with five operational bases.
Jadwa Investment Launches SAR 750m GCC-Focused Private Credit Fund
Jadwa Investment launches SAR 750m GCC Diversified Private Credit Fund, completing first close at over SAR 300m with initial investments in fintech platforms Lendo and JeelPay, targeting institutional and private wealth investors.
AMAK Board Approves Establishment of SAR 100 Million Drilling Company in Najran
AMAK Board approves establishment of new wholly owned drilling company with SAR 100 million capital in Najran to accelerate exploration activities and strengthen mining sector capabilities across Saudi Arabia.
Blue Shift Report Exposes AI Hidden Costs Creating Business Vulnerabilities
New Blue Shift report reveals how AI hidden costs create systemic business vulnerabilities, with energy demand set to increase fivefold by 2030 and data centers consuming up to 40% of local electricity in major hubs.
15 Outstanding UAE Women Selected for Inaugural Leadership Accelerator Program
The Marketing Society UAE selects 15 outstanding women professionals for inaugural Leadership Accelerator program, partnering with TikTok and Weber Shandwick to advance female leadership in marcomms through six-month development initiative.
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E& Enterprise and Sergas Form Strategic Partnership for Advanced Digital Energy Solutions
E& Enterprise partners with UAE gas solutions leader Sergas to deliver comprehensive digital transformation including AI-powered customer service, advanced cybersecurity operations center, and intelligent communication platforms for the energy sector.
Bridgestone Aircraft Tire Europe Achieves EcoVadis Gold Sustainability Rating
Bridgestone Aircraft Tire Europe achieves EcoVadis Gold sustainability rating, placing the company among the top 5% of 130,000 companies globally evaluated across 220 industry sectors, marking significant progress from bronze rating in 2023.
SADAFCO Partners with Yellow Door Energy for Major Solar Energy Initiative
SADAFCO partners with Yellow Door Energy for a 2,900 kWp solar project across seven facilities, generating 4.9 million kWh annually and reducing carbon emissions by 1,830 metric tons in support of Saudi Arabia’s Net Zero 2060 goals.
STC Bank Partners with Mastercard to Transform Saudi Cross-Border Payments
STC Bank partners with Mastercard to provide enhanced cross-border payment services to 120 countries through Mastercard Move technology, supporting Saudi Arabia’s digital transformation goals.
Nissan Leadership Expansion Brings Thierry Sabbagh to Head India and Middle East Operations
Nissan expands Thierry Sabbagh’s leadership role to include India alongside Middle East operations, implementing new management structure to accelerate growth and enhance customer focus across AMIEO region as part of Re:Nissan transformation plan.
Most read in Economy & Business
- Saudi Businesses Expand Investment in Agentic AI for Enterprise Operations
- Bupa Arabia Concludes Bupa Padel 2026 Tournament in Riyadh
- iSolution Earns Great Place to Work Certification in Saudi Arabia and UAE
- Fortinet and Aramco Sign Agreement to Expand Industrial Cybersecurity in Saudi Arabia
- ELSEWEDY ELECTRIC PSP and Sinohydro Sign $2.2B Rabigh 2 IPP Expansion Contract
OMODA JAECOO UAE Partners with Dubai Police Esaad Programme for Exclusive Member Benefits
OMODA JAECOO UAE partners with Dubai Police Esaad programme to offer exclusive discounts up to AED 2,000 on all vehicle models, plus free insurance and maintenance benefits for cardholders nationwide.
1 Billion Followers Summit Closes with $1.2M+ in Awards, 20 Creators Join MrBeast Ghana Mission
Summit finale: Abdullah Annan wins $100K TikTok Educator Award, 20 creators join MrBeast Ghana mission, AED 50M accelerator funding announced in Dubai.
Seequent Mining Technologies to Feature at Future Minerals Forum 2026
Seequent will showcase advanced mining technologies and geoscience solutions at Future Minerals Forum 2026 in Riyadh, demonstrating digital integration capabilities that support Saudi Vision 2030 mining objectives.
Digital Payment Credentials Set to Replace Traditional Card Numbers
Digital payment credentials are replacing traditional card numbers in a structural shift that decouples transactions from static card details, enhancing security and enabling new payment innovations beyond traditional card limitations.
FPT Becomes Sitecore’s First Global Elite Reseller Under New Partnership Program
FPT becomes Sitecore’s inaugural Global Elite Reseller, securing exclusive Vietnam rights and expanding SitecoreAI platform across Asia and Middle East markets through strategic three-year partnership agreement.
Jeddah Gold Exhibition 2024 Launches January 8 with 130+ Exhibitors
Jeddah Gold Exhibition opens January 8, 2024, at Superdome featuring 130+ exhibitors, Saudi factories, interactive experiences, and cultural workshops, supporting Vision 2030 economic diversification goals.
JA Solar Secures 1.2 GW Module Supply Deal for Samarkand Solar Projects in Uzbekistan
JA Solar signs 1.2 GW supply agreement with L&T for Samarkand solar projects in Uzbekistan, supporting the country’s renewable energy targets and powering 600,000 homes.
STC Group Achieves Outstanding Success in $2 Billion Sukuk Issuance
STC Group successfully raises $2 billion through sukuk issuance with 4x oversubscription from 300+ international investors, strengthening capital access for digital transformation initiatives.
Saudi Arabia Launches Future Minerals Pioneers Innovation Camp with Global Participation
Saudi Arabia launches Future Minerals Pioneers innovation camp with 356 participants from 32 countries, competing in smart technologies, safety, and sustainability tracks ahead of the International Mining Conference.
Midad Real Estate and Diriyah Company Sign $827 Million Four Seasons Hotel Development Agreement
Midad Real Estate partners with Diriyah Company for $827 million Four Seasons Hotel and Private Residences development in Saudi Arabia’s historic Diriyah, featuring 159 luxury rooms and supporting Vision 2030 tourism objectives.
Online Shopping Security KSA: Expert Tips for Safe Winter Sales
Kaspersky research reveals 64% of KSA shoppers believe they can detect fraud alone, while only 47% use security software. Learn essential protection tips for safe online shopping during winter sales season.
Dubai Residential Market 2026: Lifestyle and Community Living Reshape Buyer Priorities
Dubai’s residential market transforms in 2026 with 120,000 new units, shifting buyer focus from price speculation to lifestyle-led communities, wellness amenities, and sustainable living in master-planned developments.