Category: Economy & Business
Huawei Introduces SCALE Partner Support System to Accelerate Enterprise AI Adoption
Huawei unveiled its SCALE partner support system at HUAWEI CONNECT 2026 to help enterprise partners expand artificial intelligence deployments across multiple industries.
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Positive Technologies: 50% of Cyberattacks in the Gulf Targeted UAE and Saudi Arabia in H1 2026
Positive Technologies reports that the UAE and Saudi Arabia faced 50% of Gulf cyberattacks in H1 2026, with government bodies representing the top target.
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MICHELIN Guide Reveals 2026 Hotel Selection in Saudi Arabia Featuring 17 Key Properties
The 2026 MICHELIN Guide hotel selection in Saudi Arabia honors 17 properties with MICHELIN Keys across Riyadh, Jeddah, AlUla, and the Red Sea coast.
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Daily AI Roundup: New Models, Agents, and Hardware Benchmarks
This Daily AI roundup covers the latest ICLR submission policies, Qwen translation models, enterprise agents, and AMD Venice server chip benchmarks.
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DBS Warns Markets Are Underpricing Oil Shock Risk Amid AI Energy Expansion
DBS Bank warns that markets are underpricing oil shock risks as annual AI spending approaches USD 1 trillion.
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Desert Technologies Presents Clean Energy and Smart Infrastructure at Saudi Industry Forum 2026
Desert Technologies presented clean energy systems and smart infrastructure at the Saudi Industry Forum 2026 held at the Jeddah Superdome.
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Help AG Launches Quantum 360 at GISEC 2026 for Post-Quantum Defense
Help AG launched its Quantum 360 portfolio at GISEC 2026 to support post-quantum cybersecurity migration for enterprises and government entities.
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DHL Express UAE and IFZA Partner to Expand Dubai SME Global Trade
DHL Express UAE has partnered with IFZA to provide Dubai-based enterprises with preferential international shipping rates and dedicated cross-border trade training.
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EssentaTor Showcases EAC Fund for Arab Capital at Money20/20 in Riyadh
EssentaTor presented its EAC Fund at Money20/20 Middle East in Riyadh, outlining institutional liquidity, stablecoin reserves, and digital infrastructure.
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Meta Expands AI Agent Integration for WhatsApp Business Setup and Management
Meta has introduced an MCP server that lets AI assistants automate WhatsApp Business setup, API registration, and template management for developers.
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Kuwait Higher Education Ministry Partners with DataFlow Group for Academic Credential Verification
Kuwait’s Ministry of Higher Education signed an agreement with DataFlow Group to modernize academic credential verification and accelerate document authentication.
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Lucid and Bolt Partner to Deploy Autonomous Mobility Vehicles in Europe
Lucid and Bolt have partnered to deploy at least 25,000 autonomous vehicles across European cities using Lucid’s midsize platform and NVIDIA hardware.
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Daikin and CTS Group Unveil Data Center Cooling Concept for AI Workloads
Daikin and CTS Group introduced a patented data center cooling concept delivering PUE ratings below 1.20 in Middle Eastern climates for AI workloads.
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Linux Foundation CEO Jim Zemlin Details Open Source AI Growth at Huawei Connect
Linux Foundation CEO Jim Zemlin revealed that open source powers 98% of global software and drives every layer of the agentic AI stack at Huawei Connect.
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Mastercard and Trip.com Introduce Agentic Commerce for Travel Bookings
Mastercard and Trip.com have collaborated to launch agentic commerce tools for travel bookings, allowing automated searches and payments through TripGenie.
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Saudi ICT Sector Weekly: BARQ Achieves Unicorn Status as Major Deals and AI Initiatives Expand
Saudi Arabia recorded key ICT developments including BARQ becoming a tech unicorn, PayTabs acquiring Amazon Payment Services MENA, and new AI policy initiatives.
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Saudi Fintech BARQ Secures $329.5 Million in Series A Funding Round
Saudi digital payment platform BARQ secured $329.5 million in Series A funding at a $1.85 billion valuation, backed by Noon Investments and Sohar International Bank.
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ATM Travel Trends Report Forecasts $116 Billion Surge in Middle East Tourism Spending
The ATM Travel Trends Report projects a 57% increase in Middle East visitor spending by 2030, totaling $116 billion in additional revenue.
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SAL Logistics Services and CIMC Sign MoUs to Expand Saudi Supply Chains
SAL Logistics Services and CIMC signed two MoUs to develop logistics infrastructure, cargo automation systems, and warehouses in Riyadh.
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Al Majdouie Changan Renews Strategic Partnership With Al Rabwah Dates Festival
Al Majdouie Changan has renewed its strategic partnership with the Al Rabwah Dates Festival in Riyadh for the second consecutive year, providing official prize vehicles.
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