Category: Economy & Business

specialized by stc Secures Two Global Business Out...

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

ServiceNow Launches Autonomous Security & Risk Platform to Govern AI Agents and Connected Assets

by saudishopper | Jun 2, 2026 | Artificial Intelligence, Cybersecurity, Economy & Business

ServiceNow has launched its Autonomous Security & Risk platform to govern AI agents, identities, and connected assets using integrations with Armis and Veza.

Intel Plans New Low-Cost AI Data Center Chip for 2026 Launch

by Mohamed Mosaed | Jun 2, 2026 | Artificial Intelligence, Computers & Laptops, Economy & Business

Intel is preparing to launch a new data center processor focused on low-cost AI inference before the end of 2026.

Dell Reports Record Q1 Revenue of $43.8 Billion Driven by AI Server Demand

by Mohamed Ghamdi | Jun 2, 2026 | Artificial Intelligence, Computers & Laptops, Economy & Business

Dell Technologies reported record Q1 revenue of $43.8 billion, up 88% year-over-year, driven by a massive surge in AI server demand.

HPE Reports 21 Percent Revenue Surge Driven by AI Infrastructure Demand

by Mohamed Ghamdi | Jun 2, 2026 | Artificial Intelligence, Economy & Business

HPE reports a 21% revenue surge and a $5 billion backlog, highlighting a growing demand for enterprise hardware solutions.

Canva Launches Canva AI 2.0 with Conversational Design and Autonomous Workflows

by Nour Elotaiby | Jun 2, 2026 | Apps & Software, Artificial Intelligence, Economy & Business

Canva has launched Canva AI 2.0, introducing conversational design tools and autonomous workflows to its 250 million active users.

Saudi Arabia Joins Open Geospatial Consortium as First Strategic Partner Outside US and EU

by saudishopper | Jun 2, 2026 | Artificial Intelligence, Economy & Business, Smart Devices

Saudi Arabia has become the first strategic partner from outside the US and EU to join the Open Geospatial Consortium, marking a major step in global geospatial data governance.

Saudi Women Employment Reaches 6.5 Percent of Elsewedy Electric Workforce

by saudishopper | Jun 2, 2026 | Economy & Business, Education & Training

Elsewedy Electric Group reports that female employees now make up 6.5% of its Saudi workforce, spanning technical, administrative, and factory roles.

Lumi Branch Expansion: New Outlets in Tabuk, Taif, and Jeddah

by saudishopper | Jun 2, 2026 | Automotive, Economy & Business, Tourism & Aviation

Lumi has opened three new branches in Tabuk, Taif, and Jeddah, expanding its vehicle rental and leasing network to 44 locations across Saudi Arabia.

Vertiv Expands Liquid Cooling Portfolio for AI Data Centers

by saudishopper | Jun 2, 2026 | Artificial Intelligence, Computers & Laptops, Economy & Business

Vertiv has expanded its thermal management systems in EMEA with the launch of the CoolChip CDU 2300 and Fluid Network Row Manifolds.

HUMAIN Partners with NVIDIA to Deploy Autonomous Vehicles in Saudi Arabia

by saudishopper | Jun 2, 2026 | Artificial Intelligence, Automotive, Economy & Business

HUMAIN has partnered with NVIDIA to deploy level 4-ready autonomous vehicles in Saudi Arabia, utilizing the DRIVE Hyperion platform.

Physical AI Enters Open-Source Era as Flat-Rate Billing Models End

by Zamil Safwan | Jun 1, 2026 | Artificial Intelligence, Computers & Laptops, Economy & Business

The physical AI sector entered an open-source era on June 1, 2026, alongside a major industry shift from flat-rate pricing to token-based billing.

TikTok Football Fans Drive Digital Engagement in Saudi Arabia

by saudishopper | Jun 1, 2026 | Economy & Business, Social Media

A new study reveals that nine out of ten TikTok users in Saudi Arabia follow football, creating significant digital engagement ahead of the FIFA World Cup 2026.

Aramco and Emerson Partner to Develop Corrosion Management Solutions

by saudishopper | Jun 1, 2026 | Computers & Laptops, Economy & Business, Smart Devices

Emerson and Aramco have partnered to co-develop advanced corrosion management solutions, digitalizing industrial monitoring across Saudi Arabia.

NVIDIA Launches Vera CPU Designed for AI Agents

by Nour Elotaiby | Jun 1, 2026 | Artificial Intelligence, Computers & Laptops, Economy & Business

NVIDIA has launched its new Vera CPU, delivering 1.8x faster task completion than x86 processors to power AI agents in modern data centers.

MiniMax Launches M3 Multimodal Foundation Model with 1M Context Window

by Mohamed Ghamdi | Jun 1, 2026 | Apps & Software, Artificial Intelligence, Economy & Business

MiniMax has officially launched its M3 multimodal foundation model, featuring a 1 million token context window and 15.6x faster decoding speeds.

Jeel Tamooh Program Launches Eighth Edition to Train Future Saudi Leaders

by saudishopper | May 31, 2026 | Artificial Intelligence, Economy & Business, Education & Training

The Jeel Tamooh program has officially launched its eighth edition in Riyadh, welcoming 150 young Saudi professionals to develop leadership skills.

AMAK Launches Advance Drilling Co. with SAR 100M Capital

by saudishopper | May 31, 2026 | Economy & Business

AMAK has established Advance Drilling Co. with SAR 100 million capital to accelerate mining exploration and support Saudi Vision 2030.

Esports World Cup Unveils Revamped Formats for Historic MLBB Tournaments

by saudishopper | May 30, 2026 | Apps & Software, Economy & Business, Gaming & Entertainment

MOONTON Games has announced major format updates for the Mid Season Cup and MLBB Women’s International at the upcoming Esports World Cup.

Saudi Electronic University Signs Strategic Partnership with George Mason University

by Shima Zamil | May 30, 2026 | Economy & Business, Education & Training

The Saudi Electronic University has signed a strategic partnership with George Mason University at NAFSA 2026 to enhance academic cooperation and research.