Business & Money | Monday 7 September, 2026 8:00 am

MCIT and Snap launch a strategic partnership to empower over 20,000 national talents with digital skills by 2030.

The Ministry of Communications and Information Technology (MCIT) and Snap Inc. have signed a strategic partnership  on the sidelines of the LEAP 2026, underscoring Saudi Arabia's commitment to building a global digital economy and enhancing the readiness of national talents for the jobs of...

More Details

Business & Money | Monday 7 September, 2026 8:00 am

Equinox Resort AMAALA opens its doors, bringing a high-performance lifestyle experience to the Red Sea

 Red Sea Global (RSG), the regenerative tourism developer, has announced the opening of Equinox Resort AMAALA, marking Equinox’s second hotel globally and its first outside the United States. Located at the Marina Village in Triple Bay, the resort brings Equinox’s distinctive approach of...

More Details

Business & Money | Monday 7 September, 2026 8:00 am

Saudi Arabia's PayTabs Group Acquires Amazon Payments MENA for $100 Million+

 Saudi Arabia's PayTabs Group and Amazon Payment Services have agreed to a transaction that would transfer Amazon's Middle East and North Africa payments operations to PayTabs — a deal that would significantly consolidate the region's fragmented payments landscape. PayTabs has spent...

More Details

Business & Money | Monday 7 September, 2026 8:00 am

SIMAH Launches Its Second Tier 4 Data Center at LEAP and Announces its Readiness for the Next Era of Intelligence and Innovation

The Saudi Credit Information Company (SIMAH) announced , during its participation at LEAP, the launch of its second Tier 4 data center, certified by the global Uptime Institute, making a significant step in strengthening its technological readiness for the next stage in the evolution of the credit...

More Details

Business & Money | Monday 7 September, 2026 8:00 am

Umm Al Qura for Development and Construction strengthens relations with international investors at select shanghai 2026

Umm Al Qura for Development & Construction, the owner, developer, and operator of MASAR Destination, participated in CMF Select Shanghai 2026, a two-day forum organized by Saudi Tadawul Group at the Shanghai Stock Exchange. MASAR Destination participated as Partner Sponsor of the forum, as part ...

More Details

Business & Money | Monday 7 September, 2026 8:00 am

Energy Ministry, MODON sign MoU to establish natural gas compression plant in Dammam

The Ministry of Energy signed a memorandum of understanding (MoU) with the Saudi Authority for Industrial Cities and Technology Zones (MODON) on Sept. 6 to establish a natural gas compression and tanker distribution plant at the Third Industrial City in Dammam. The ministry was represented by...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

KAFD Selects IBM Maximo to Support Smart Asset Management and Innovation

 IBM today announced that King Abdullah Financial District (KAFD), Riyadh’s premier business and lifestyle destination, is leveraging IBM Maximo Application Suite to strengthen enterprise asset management across one of the Kingdom’s most ambitious smart city developments, helping enhance...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

NWC Signs 2 MoUs and Announces 2 Agreements at “LEEP 2026” Conference

The National Water Company (NWC) signed two memoranda of understanding (MoUs) and announced concluding two strategic agreements during the “LEEP 2026” conference, hosted in the capital city of Riyadh from August 31 to September 3, 2026. These partnerships aim to accelerate digital...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

AMD, Cisco and HUMAIN Expand Saudi Arabia’s AI Infrastructure as AMD Instinct Systems Go Live

 AMD (NASDAQ: AMD), Cisco (NASDAQ: CSCO) and HUMAIN, a PIF company delivering full-stack AI solutions, today announced that AMD Instinct MI355X GPU-based AI infrastructure built on Cisco Silicon One-based AI networking is now live in Saudi Arabia and serving HUMAIN customers in the Kingdom and ...

More Details

Business & Money | Sunday 6 September, 2026 8:00 am

stc group Concludes LEAP 2026 Participation with Strategic Partnerships to Accelerate Saudi Arabia’s Digital Future

STC group, Saudi Arabia's leading digital enabler, concluded another successful year at LEAP 2026, marking its fifth consecutive participation as strategic partner of the world's leading technology gathering with the signing of a series of strategic partnerships and announcements. Olayan...

More Details