Category: Economy & Business
Tamimi Markets Opens 24/7 Pop-Up Store in Makkah for Hajj 2026
Tamimi Markets launches a 24/7 pop-up store in Makkah during Hajj 2026, offering essential groceries and distributing one million bottles of water to pilgrims.
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Electric vehicle charging partnership: Almajdouie, Deepal, and Al Fanar Launch in Saudi Arabia
Almajdouie Automotive partners with Al Fanar Company to deploy electric vehicle charging infrastructure across Saudi Arabia, supporting the Kingdom’s transition to sustainable transportation and Vision 2030 goals.
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LG Showcases Premium Built-in Kitchen Solutions at Milan Design Week 2026
LG Electronics showcased premium kitchen solutions from SKS and its built-in lineup at Milan Design Week 2026, featuring immersive experiences and the new Tracce collection inspired by Italian design.
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SAL Becomes First Saudi Logistics Firm to Achieve Triple ISO HSSE Certification
SAL Logistics Services becomes the first Saudi logistics company to obtain triple ISO HSSE certification. The integrated accreditation covers occupational health, environmental management, and security operations.
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Elon Musk Loses Court Battle Against OpenAI CEO Sam Altman
A federal jury rejected Musk’s claims in under two hours, ruling the lawsuit was barred by the statute of limitations. The judge dismissed the case immediately.
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Mashreq Launches One-Day Business Account Service in UAE
Mashreq becomes the first UAE bank to guarantee business account opening within one day through its NEO BIZ platform, backed by an AED1,000 cashback guarantee for eligible customers.
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AlfaNow Expands into Oman Through First Exchange Partnership
AlfaNow Oman expansion launches cross-border payment services through partnership with First Exchange, expanding its GCC presence and enabling faster remittance flows.
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du Launches National Hypercloud Huawei Edition for Chinese Enterprises in UAE
du launches National Hypercloud Huawei Edition, a sovereign cloud platform purpose-built for Chinese enterprises and EV manufacturers expanding into the UAE with local data hosting and regulatory compliance.
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Rockwell Automation Report Shows Middle East Leading Digital Manufacturing Shift
Rockwell Automation’s annual smart manufacturing Middle East report reveals the region leads global digital transformation with 98 percent of manufacturers adopting artificial intelligence and allocating 30 percent of operating budgets to industrial technology.
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Gradiant Closes $2 Billion Series E Funding Round for AI and Water Infrastructure
Gradiant secured $2 billion in Series E funding to expand water technology operations across AI data centers and semiconductor manufacturing. The round valued the Boston-based firm at $2 billion.
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Wego Partners with Triple-A to Enable Stablecoin Payments for Travel Bookings
Wego integrates stablecoin payments travel bookings through partnership with Triple-A, expanding payment options for global travelers and improving cross-border transaction efficiency.
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Saudi Aramco and Pasqal Launch First Quantum Computer in Kingdom
Saudi Aramco and Pasqal unveiled the Kingdom’s first quantum computer and the Middle East’s first commercial quantum computing platform on May 18, 2026. The system uses neutral atom technology with 200 programmable qubits and is available to regional organizations.
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Saudia Expands Hajj without Baggage Service to 400,000 Pilgrims
Saudia expands its Hajj without Baggage service to 400,000 pilgrims during the 2026 season through digital integration with Nusuk and HalaBag platforms, reducing airport congestion and improving pilgrim comfort.
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Riyadh Air Launches Nawat Cabin Crew Program to Develop Saudi Aviation Talent
Riyadh Air launches the Nawat Cabin Crew Program to recruit and train Saudi nationals for aviation careers. The eight-month program, developed with Bunyan for Training Company, supports Vision 2030 employment goals.
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M360 Eurasia Shifts Focus From AI Exploration to Implementation in Samarkand
M360 Eurasia AI conference moves to Samarkand to examine how artificial intelligence and connectivity drive regional economic growth. The event shifts focus from AI exploration to tangible implementation and scaled operations.
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Qiddiya and Google Cloud Partner to Power Saudi Entertainment Megacity with AI
Qiddiya Investment Company and Google Cloud have expanded their partnership to power one of the world’s largest entertainment projects using artificial intelligence and cloud technology.
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SADAFCO Partners with Watering Association to Serve Pilgrims During Hajj Season
SADAFCO partners with The Association of Watering for the Guests of God to provide Saudi dairy and food products to pilgrims during Hajj 1447. The collaboration supports national priorities and enhances pilgrim services.
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SAS Expands Viya Platform with AI Assistants and Agent Infrastructure
SAS Viya agentic AI platform launches with AI assistants and agent infrastructure, enabling organizations to move from experimental AI to governed, production-ready intelligence for analytics and decision-making.
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Deem Finance and Yusr Launch Strategic Partnership for Embedded Finance and BNPL in UAE
Deem Finance and Yusr partnered to advance embedded finance and BNPL solutions in the UAE, combining regulated infrastructure with fintech innovation in the automotive sector and beyond.
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Joint Study Shows Snapchat Delivers 14% Better Cost-Efficiency Than Social Benchmarks in MENA
Advanced attribution research shows Snapchat drove 29% of social conversions while using only 27% of budget, delivering 14% better cost-efficiency than competing platforms across major MENA brands including VOX Cinemas and McDonald’s Jeddah.
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