Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Elm Expands Investment in Madar Digital Logistics Platform
Saudi digital solutions firm Elm increases its stake in the Madar logistics management platform, owned by Sahl Almadar Trading Company.
BSF and Almosafer Launch Co-Branded Credit Card with Travel Rewards
New co-branded card offers high-value travel benefits and zero foreign exchange fees for Saudi customers
PayTabs Egypt Partners with Edita to Streamline Payment Collections
PayTabs Egypt has formed a partnership with Edita Trade, a subsidiary of packaged snack food company Edita Food Industries, to integrate cash collection solutions into Edita’s distribution operations. The collaboration, announced December 14, will connect Edita to over 550,000 point-of-sale (POS) machines across Egypt through a unified platform. Key Takeaways How the Partnership Works The […]
Momentum 2025 TDF agreements exceed SAR 4bn in impact
Momentum 2025 TDF agreements exceed SAR 4bn, expanding financing for Saudi tourism MSMEs and sustainability projects. See the details.
Finastra Saudi Arabia Banking Forum Spotlights AI Innovation Under Vision 2030
Finastra’s Saudi Arabia banking forum brought together industry leaders to explore AI innovation, trust, and digital transformation in the Kingdom’s financial sector under Vision 2030, highlighting practical strategies for responsible banking evolution.
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Checkout.com Wins MENA Fintech Award 2025 for Regional Payment Innovation
Payment solutions provider recognized for advancing merchant performance and delivering market innovations across the region.
Souq7 Opens in Jeddah With 3,500 Stores Across Seven Specialized Zones
Souq7 officially opened in Jeddah on Dec 10, spanning 720,000 sqm with 3,500 stores across seven specialized retail zones.
tpay Secures Egypt’s First Mobile Payment License for Government Services
tpay secures Egypt’s first Direct Carrier Billing license for government payments, enabling mobile bill payments without bank accounts.
MENA Economic Outlook 2026 Projects 3.6% Growth Driven by Investment and Digital Shift
MENA region expected to outperform global growth with 3.6% GDP increase. Saudi Arabia’s non-oil sector projected at 5% growth.
Vertiv Completes $1 Billion Acquisition of PurgeRite for Liquid Cooling Services
Infrastructure provider Vertiv completes acquisition of fluid management specialist PurgeRite to strengthen data center cooling capabilities
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
Digitect and BBD Perfect Storm Form Exclusive Partnership for Saudi Market
Jeddah-based marketing agency Digitect and London’s BBD Perfect Storm have signed an exclusive strategic partnership to deliver brand transformation and communication services across Saudi Arabia. The Digitect BBD Perfect Storm partnership, announced December 8, combines local market expertise with international branding capabilities. Key Takeaways Partnership Scope and Services The Digitect BBD Perfect Storm partnership will […]
Deloitte Middle East Holds 2025 Partners Meeting in Dubai, Focuses on AI Transformation
Deloitte Middle East holds Annual Partners Meeting 2025 in Dubai, focusing on AI transformation and regional collaboration.
Google Cloud and Qatar MCIT Renew Strategic Agreement at MWC Doha
Google Cloud and Qatar’s MCIT formalize renewed agreement at MWC Doha to accelerate digital transformation initiatives.
Roblox: More Than Child’s Play – Understanding the Digital Economy in Your Living Room
Is your child spending Riyals on Robux? Discover the hidden economics of Roblox, how the “Play-bor” system works, and essential financial safety tips for Saudi families.
Ramco Systems Celebrates 20 Years in the Middle East, Unveils Vision for the Future at Milestone Event
Doubles down on AI-native applications and localized innovation to shape enterprise technology in the region December 3rd, Dubai, UAE: Ramco Systems, aglobal enterprise software company offering next-generation SaaS-enabled platforms and products, celebrated two decades of powering enterprise transformation in the Middle East. To mark this milestone, Ramco hosted Ramco@20 – Experience That Matters, a full-day […]
Social Development Bank Announces DeveGo 2025 Entrepreneurship Forum in Riyadh
Three-day forum features global experts, 70 workshops, and 3,000 advisory sessions for entrepreneurs.
Paymentology Releases Guide for Card Issuing in Saudi Arabia
New resource covers regulation, infrastructure, and operating models for card programmes in Kingdom’s growing payments market.
AVEVA Wins Microsoft’s 2025 Manufacturing Partner of the Year Award
Industrial software company recognized for Azure-based solutions supporting smart manufacturing and supply chain operations.
Financial Sector Accounts for 30% of Spam Calls in UAE, Data Shows
UAE financial sector spam calls account for nearly 30% of unwanted communications, Truecaller data shows. Banking leads reports despite low regional spam.
Riverbed Launches Aternity Cloud Hosted in the Kingdom of Saudi Arabia; Confirms Regional Headquarters in Riyadh
Strategic SaaS deployment and investment enable customers to leverage Riverbed’s industry-leading observability capabilities while supporting data sovereignty within the Kingdom’s borders Riyadh, Saudi Arabia – November 25, 2025 – Riverbed, the leader in AIOps for observability, today announced the launch of its Riverbed Aternity® Cloud solution hosted in-country for the Kingdom of Saudi Arabia. With […]
Wadi Jeddah, MISA & CIC Partner to Boost Saudi Arabia’s Knowledge Economy
During Saudi-US Investment Forum 2025 in the US [Washington, D.C., USA, 19 November 2025] – Wadi Jeddah, the strategic investment and innovation arm of King Abdulaziz University (KAU) together with the Saudi Ministry of Investment and the Cambridge Innovation Center (CIC) in the United States, signed an agreement aimed at strengthening the Kingdom’s innovation and […]
stc group Showcases Digital Leadership as Founding Partner of Connected World 2025
Riyadh, Saudi Arabia, November 20, 2025: stc group, Saudi Arabia’s leading digital enabler, demonstrated its commitment to shaping the Kingdom’s digital future at Connected World 2025, held on November 18-19 at Roshn Front. As a Founding Partner, the group showcased its latest digital solutions and entered into three strategic agreements with tech innovators to further […]