Business & Money | Thursday 3 September, 2026 1:48 pm

stc group Powers its Venture Ecosystem with the Launch of colab

stc group launches ‘colab’ as a dedicated innovation and corporate venture building company at LEAP 2026.Riyadh, Saudi Arabia, September 2, 2026: stc group, Saudi Arabia’s leading digital enabler, has announced the launch of colab, its innovation and corporate venture-building arm, at LEAP...

More Details

Business & Money | Thursday 3 September, 2026 1:46 pm

SAIB to sell entire stake in American Express Saudi Arabia for SAR 1.43B

The Saudi Investment Bank (SAIB) has signed an agreement with American Express Middle East to sell its entire 50% stake in American Express Saudi Arabia for SAR 1.43 billion ($381.36 million), in addition to a deferred purchase consideration, in accordance with the shareholders’ agreement between ...

More Details

Business & Money | Thursday 3 September, 2026 1:44 pm

Saudi Ministry of Investment signs deal to localize offshore drilling rig manufacturing

The Ministry of Energy said the Ministry of Investment and Saudi Aramco Rowan Offshore Drilling Co. (ARO) have signed an agreement to support the localization of offshore drilling rig manufacturing in Saudi Arabia. The agreement aims to localize the offshore drilling rig business by...

More Details

Technology & IT | Thursday 3 September, 2026 10:18 am

Nutanix Expands Hybrid Multicloud in the Middle East with NC2 Availability on Google Cloud Dammam Region

RIYADH, KSA, 3rd September, 2026 – Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the availability of Nutanix Cloud Clusters (NC2) on Google Cloud in the Google Cloud Dammam region. This underscores a commitment to accelerating cloud adoption and digital...

More Details

Business & Money | Thursday 3 September, 2026 8:06 am

Local and international speakers to headline Saudi Warehousing & Logistics Summit in Riyadh

As Saudi Arabia advances its ambition to become an international logistics hub, Saudi Warehousing & Logistics Summit will bring together industry leaders and practitioners through a dedicated content programme covering strategic priorities, operational challenges and emerging opportunities...

More Details

Business & Money | Thursday 3 September, 2026 7:27 am

Big 5 Construct Saudi spotlights pathway to sustainable future and long-term partnerships for the Kingdom’s construction industry

Big 5 Construct Saudi concludes today at Riyadh Front Exhibition & Conference Center, wrapping up an energetic four days of high-level, strategic industry engagement focused on the future of construction and the evolving needs of the Kingdom’s built environment.  Big 5 Construct...

More Details

Technology & IT | Wednesday 2 September, 2026 4:50 pm

No Competition Infinity Gaming Signs Five-Year China Agreement, Projects Up to 10,000 Humanoid Robots Annually

Dubai, UAE -  No Competition Infinity Gaming Development Services L.L.C. has signed a strategic five-year agreement with China's Jiangsu Yunmu Intelligent Manufacturing Technology Co., Ltd., focused on developing and deploying solutions that integrate artificial intelligence, digital twins,...

More Details

Technology & IT | Wednesday 2 September, 2026 3:49 pm

HONOR ANNOUNCES NEW BRAND STRATEGY AS IT ACCELERATES TRANSFORMATION INTO A GLOBAL AI DEVICE ECOSYSTEM COMPANY

HONOR, a global AI ecosystem device company, today announced its new brand strategy “Dare to Be”, marking the next chapter in its evolution from a company predominantly known for smartphones into a broader AI device ecosystem company spanning intelligent devices, robotics, next-generation...

More Details

Business & Money | Wednesday 2 September, 2026 3:27 pm

LEAP 2026 sees over $2.5B investments in 2nd day

The second day of LEAP 2026 saw the announcement of investments and launches worth approximately $2.5 billion in total, Saudi Press Agency (SPA) reported. The announcements covered data centers, cloud services, technology localization, and research and development, reinforcing Saudi Arabia’s ...

More Details

Business & Money | Wednesday 2 September, 2026 3:23 pm

Sharjah Chamber concludes Korea business mission with strategic partnerships

The Sharjah Chamber of Commerce and Industry (SCCI) has concluded an official business mission to the brotherly Republic of Korea, led by Halima Humaid Ali Al Owais, Chairperson of the Sharjah Consultative Council and Board Member of SCCI. The delegation comprised 30 prominent businesswomen,...

More Details