Economy & Business
Business news, economic analysis, fintech innovations, startup ecosystems, and market trends shaping Saudi Arabia's digital economy and Vision 2030.
Beltone and Amtaar Partner on EGP 2 Billion Real Estate Investment Fund
Beltone Asset Management and Amtaar Capital have partnered to launch a real estate investment fund targeting EGP 2 billion in issuances.
Changan Al Majdouie Showcases HunterCaravan at Saudi Falcons and Hunting Exhibition 2026
Changan Al Majdouie showcased the HunterCaravan at the Saudi Falcons Exhibition 2026, featuring a 2.0L turbo engine and integrated solar power systems.
Nova ARCIS Development Showcases Three Tbilisi Residential Projects at Future Real Estate Expo in Riyadh
Nova ARCIS Development is showcasing three major residential developments in Tbilisi during the Future Real Estate Expo 2026 in Riyadh.
Group-IB Uncovers $2M Cyber Fraud Scheme Targeting GCC Government Payment Portals
Group-IB uncovered a $2M cyber fraud scheme that used stolen cards to pay GCC government bills at a discount, bypassing 3DS bank security controls.
UAE Cyber Security Council and SCC Middle East Partner to Build Cyber Resilience Centre
The UAE Cyber Security Council and SCC Middle East have agreed to establish a dedicated centre for cyber resilience and trusted technology.
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FedEx Dubai World Central Hub Secures IATA CEIV Pharma Certification
FedEx secured IATA CEIV Pharma certification for its Dubai World Central hub, validating specialized cold-chain infrastructure for regional healthcare shipments.
AHOY Labs AI Outperforms Global Tech Giants on Enterprise Benchmark
AHOY Labs AI has outperformed enterprise systems from OpenAI, Amazon, Microsoft, Google, and NVIDIA on the open-source EnterpriseRAG-Bench evaluation.
McLaren Automotive Returns to Saudi Arabia With Mohamed Yousuf Naghi Motors
McLaren Automotive partners with Mohamed Yousuf Naghi Motors to launch McLaren Riyadh, providing sales and aftersales operations across Saudi Arabia.
TII Completes Asteroid-Landing Probe for Emirates Mission to the Asteroid Belt
TII has finished building its autonomous asteroid-landing probe for integration with the MBR Explorer spacecraft ahead of the 2028 launch window.
Zain KSA Deploys Nokia Deepfield Cloud Intelligence Across 100 Saudi Cities
Zain KSA has deployed Nokia Deepfield Cloud Intelligence across 100 cities in Saudi Arabia to monitor network traffic and improve service quality.
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
Lenovo and Saal.ai Partner to Drive Enterprise AI Adoption in Saudi Arabia
Lenovo and Saal.ai have partnered to accelerate enterprise AI deployment and data sovereignty across Saudi Arabia and the region.
LG Electronics Qualifies 2.6MW Coolant Distribution Unit for NVIDIA DSX Platform
LG Electronics qualified its 2.6MW Coolant Distribution Unit for the NVIDIA DSX AI Factory Platform, expanding thermal solutions for high-density servers.
HONOR Expands Middle East Presence with Factory Expansion and Device Lineup
HONOR expanded regional smartphone shipments by 35% in the first half of 2026, establishing factory operations in Egypt and 25 retail stores in Saudi Arabia.
Dell Technologies and Aramco Digital Sign Agreement to Advance Industrial AI in Saudi Arabia
Dell Technologies and Aramco Digital signed an MoU in Riyadh to expand Industrial AI, cloud consulting, managed IT services, and cyber resilience across Saudi Arabia.
Huawei and Qualcomm Sign Multi-Year Global Patent License Agreement
Huawei and Qualcomm signed a multi-year patent cross-license agreement covering 5G, artificial intelligence, and computing technologies.
Mohamed Yousuf Naghi Motors Earns Ford Guest Experience Certification
Mohamed Yousuf Naghi Motors has earned the official Ford Guest Experience certification following an assessment of sales and service operations.
OMODA and JAECOO Expand Hybrid Vehicle Lineup in UAE
OMODA and JAECOO expand hybrid vehicle offerings in the UAE as October fuel price updates prompt motorists to review powertrain efficiency.
Daily AI Roundup: Antigravity Adds Claude Opus 5.5 as Agent Tools Expand
Antigravity adds Claude Opus 5.5 for paid users, while Vercel hits a $600 million run rate driven by automated coding tools in today’s news roundup.
Kingston Secures 62% Revenue Share in Global DRAM Module Market
Kingston captured 62% of the global DRAM module market in 2025 as industry revenue reached $21.2 billion, according to TrendForce data.
TCN Acquires Abstrakt to Expand Contact Center AI and Quality Assurance
TCN has acquired Abstrakt to incorporate real-time agent assist and automated quality assurance into its cloud contact center platform.
Cisco Demonstrates How Network Modernization and Wi-Fi 7 Strengthen Enterprise Defense
Cisco IT’s global Wi-Fi 7 deployment achieved up to a 40 percent decrease in security incidents while improving connectivity and user experience.
OpenAI and Synopsys Announce Specialized AI Model for Chip Design
OpenAI and Synopsys have announced GPT-Synopsys, a specialized artificial intelligence model built to automate semiconductor design tools and workflows.