Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
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.
Saudi Internet 2025 Report Identifies Top Gaming Platforms in the Kingdom
The Saudi Internet 2025 report tracks the most-used gaming platforms across the Kingdom, providing key data on player habits and digital network trends.
Monsha’at Showcases SME Programs and Innovation Support at LEAP 2026
Monsha’at participates in LEAP 2026 to offer direct consulting, startup gate services, and smart city innovation programs for SMEs in Saudi Arabia.
Riyadh to Host UNESCO Global Forum on AI Ethics in September 2026
Riyadh will host the UNESCO Global Forum on AI Ethics from September 14 to 17, 2026, bringing delegates from 194 countries.
Takamol Holding Showcases Artificial Intelligence and Smart City Technologies at LEAP 2026
Takamol Holding showcased its digital platforms, smart city systems, and award-winning AI tools at LEAP 2026 as an economic transformation partner in Riyadh.
GCC Approves Unified Cybersecurity Standards and Joint Regional Drills
GCC nations approved unified cybersecurity frameworks and joint drill plans during the fifth ministerial meeting held in Bahrain.
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Vista Data Shows Executive Mobility Shifting Toward Shorter Lead Times in Saudi Arabia
Vista analysis shows booking lead times dropped to 7.1 days in 2026 as Saudi business leaders demand flexible flight options across global markets.
Digital Cooperation Organization Approves Eight Candidate Countries for Membership
The DCO Council approved eight candidate countries and one associate member, extending its representation to 980 million people.
Roblox Establishes Regional Headquarters in Riyadh to Expand MENA Presence
Roblox has selected Riyadh as its regional headquarters for MENA, expanding investments in local creators and STEM education programs across Saudi Arabia.
Saudi Startups Secure Consecutive Funding Rounds Through LEAP Platform
Saudi startups Ejari and Torod announced significant investment rounds following their participation in the LEAP technology conference.
Amazon Expands Cloud Infrastructure With Two Million Nvidia Processors
Amazon has ordered two million advanced Nvidia GPU processors to expand AWS data center capacity for generative AI workloads through 2028.
Anthropic Secures $45 Billion Infrastructure Agreement with Nscale
Anthropic has committed $45 billion to rent AI computing capacity from Nscale, securing Nvidia Vera Rubin systems from West Virginia starting in late 2027.
LEAP 2026 Convenes in Riyadh with Thousands of Tech Leaders and Investors
LEAP 2026 gathers over 1,800 technology firms and 1,900 investors in Riyadh from August 31 to September 3, 2026, to showcase global tech advancements.
Saudi Arabia Launches Riyadh Digital District to Attract Tech Talent and Global Hub Status
Saudi Arabia has launched the Riyadh Digital District to attract global technology enterprises, develop engineering talent, and enter the world’s top 10 tech hubs.
GSMA and ITU Partner to Co-Locate MWC26 Doha and PP-26 Gathering in Qatar
GSMA and the ITU will co-locate MWC26 Doha with the PP-26 policy conference in Qatar during November 2026.
Al Masaood Automobiles Launches Back-to-School Campaign Across Five Nissan Models
Al Masaood Automobiles has introduced back-to-school financing on five Nissan models, offering zero percent interest and payment deferrals until 2027.
Genetec Secures Top Global Ranking in Video Management Software Market Share Reports
Independent analyst reports from Omdia and Novaira Insights rank Genetec as the global market leader in video surveillance and management software.
University of New Haven Opens First International Branch Campus in Riyadh
The University of New Haven commenced classes at Misk City on August 23, 2026, becoming the first international branch campus in Saudi Arabia.
Mastercard and QNB Process First International Card Transaction in Syria in 15 Years
Mastercard and QNB Group completed Syria’s first international card transaction in 15 years following system reconnection.
Visa Tests First Live International Card Transaction in Syria
Visa conducted its first live international card transaction test in Syria on August 27, 2026, collaborating with Fransabank Lebanon and Paymera.
Kaspersky Report Shows Tenfold Increase in AI Vulnerabilities in Early 2026
Kaspersky reports a tenfold surge in AI vulnerabilities in Q2 2026, with critical flaws rising to 119 alongside disguised malware attacks on businesses.
Saudi Esports Federation Signs MoU with BSF to Strengthen Sector Financing
The Saudi Esports Federation signed an MoU with BSF to integrate executive banking, tournament sponsorships, and digital systems into competitive gaming.