Category: Economy & Business

specialized by stc Secures Two Global Business Out...

Posted by saudishopper | Nov 8, 2026 | Apps & Software, Economy & Business, Telecommunications

SADAFCO Q2 2026 Financial Results Show Revenue Growth

by saudishopper | Jul 28, 2026 | Economy & Business

SADAFCO reported a 1.7% quarter-on-quarter revenue growth to SAR 750 million for Q2 2026, supported by strong sales and market leadership.

Wallan Trading Company Receives Legacy Partner Award at Hyundai Partners Summit 2026

by saudishopper | Jul 28, 2026 | Automotive, Economy & Business

Wallan Trading Company has been honored with the Legacy Partner award at the Hyundai Partners Summit 2026 in Boston, recognizing over 40 years of partnership.

Hassan Allam Joint Venture Signs SAR 2.7 Billion Waldorf Astoria Project in Diriyah

by saudishopper | Jul 28, 2026 | Economy & Business, Tourism & Aviation

Hassan Allam Construction Saudi and UCC Saudi have signed a SAR 2.7 billion contract to build the Waldorf Astoria super block in Diriyah.

Desert Technologies Receives Two International Clean Energy Awards

by saudishopper | Jul 28, 2026 | Economy & Business, Smart Devices

Desert Technologies has secured two international awards from The Global Economics, recognizing its rapid growth and leadership in clean energy.

Google AI Overviews Now Appear in 43% of Global Searches

by Nour Elotaiby | Jul 27, 2026 | Apps & Software, Artificial Intelligence, Economy & Business

New data shows Google AI Overviews are rapidly becoming the default search experience, appearing in 43% of queries globally.

Mobily Enters Preliminary Discussions with Tawal Over Tower Infrastructure Acquisition

by Mohamed Ghamdi | Jul 27, 2026 | Economy & Business, Telecommunications

Mobily has commenced preliminary discussions with Saudi tower operator Tawal regarding a potential acquisition of its telecom tower infrastructure.

Fipera Launches neofashion.ai Self-Serve Platform for Fashion Brands

by saudishopper | Jul 27, 2026 | Apps & Software, Artificial Intelligence, Economy & Business

Fipera has launched neofashion.ai, a self-serve AI photography platform allowing fashion brands to generate studio-quality product images directly from their catalogs.

Ford Mustang Mach-E Electric SUV Arrives in Saudi Arabia

by saudishopper | Jul 27, 2026 | Automotive, Economy & Business

The all-electric Ford Mustang Mach-E has officially arrived at Mohamed Yousuf Naghi Motors showrooms in Saudi Arabia, offering up to 480 hp.

Al Masaood Automobiles Achieves Record Score in Nissan Global Assessment

by saudishopper | Jul 27, 2026 | Automotive, Economy & Business

Al Masaood Automobiles achieved a record 96.8% score in the latest Nissan global assessment, with two key facilities earning perfect scores.

Riyadh Air Hafawa Lounge Completed at King Khalid International Airport

by saudishopper | Jul 27, 2026 | Economy & Business, Tourism & Aviation

ACCIONA Cultura has completed the 2,000-square-meter Hafawa Lounge for Riyadh Air at King Khalid International Airport, designed to meet LEED Gold standards.

Anthropic Opus 5 Released as a Strategic Step Down in AI Capability

by Zamil Safwan | Jul 25, 2026 | Apps & Software, Artificial Intelligence, Economy & Business

Anthropic has launched its new Opus 5 model, representing a strategic step backward in capability to optimize high operational serving costs.

Saudi Arabia Ranks First in MENA for Digital Government Services

by Mohamed Ghamdi | Jul 23, 2026 | Artificial Intelligence, Cybersecurity, Economy & Business

Saudi Arabia has maintained its top ranking in the MENA region for digital government services for the fourth consecutive year, scoring 99 percent on the 2025 GEMS index.

Vertiv Expands Manufacturing and Testing Capacity at Tognana Campus in Italy

by saudishopper | Jul 23, 2026 | Artificial Intelligence, Economy & Business, Education & Training

Vertiv has announced plans to double its chiller production capacity at the Tognana campus by 2026 and build a new testing laboratory by 2027.

IBM Lowers 2026 Revenue Growth Target Amid Enterprise Shift to AI Infrastructure

by Shima Zamil | Jul 23, 2026 | Apps & Software, Artificial Intelligence, Economy & Business

IBM has adjusted its 2026 revenue growth forecast to 4-5% as enterprise clients prioritize investments in artificial intelligence infrastructure over traditional software.

Ministry of Municipalities and Housing Launches Over 70 Services on Tawakkalna

by saudishopper | Jul 23, 2026 | Apps & Software, Economy & Business

The Ministry of Municipalities and Housing has integrated over 70 digital services into the Tawakkalna application, streamlining municipal and real estate procedures.

Saudi Internet Report 2025 Reveals Key Digital Growth Indicators

by saudishopper | Jul 23, 2026 | Artificial Intelligence, Economy & Business, Telecommunications

The Saudi Internet Report 2025 highlights key digital indicators, showing that AI adoption in Saudi Arabia has reached 45.2% while mobile data usage is three times the global average.

DP World Indus Makes Maiden Call at Jeddah Islamic Port

by saudishopper | Jul 23, 2026 | Economy & Business

The newly acquired container vessel DP World Indus has completed its maiden call at Jeddah’s South Container Terminal, expanding regional maritime connectivity.

Saudi Arabia Integrates AI Literacy into National Strategy to Support Vision 2030 Goals

by Nour Elotaiby | Jul 23, 2026 | Artificial Intelligence, Economy & Business, Education & Training

Saudi Arabia is embedding AI literacy into its national strategy to support economic growth and Vision 2030 goals, according to a new report by Coursera.