Economy & Business – Saudi ICT Shopper News

Saudi Family Business Innovation & Sustainability

by Nour Elotaiby | May 26, 2025 | Economy & Business

Saudi family businesses are embracing innovation and sustainability. Discover insights from the recent forum in Riyadh. Learn more!

D360 Bank reaches one million customers in Saudi Arabia

by Shima Zamil | May 26, 2025 | Economy & Business

D360 Bank reaches one million customers in four months, reshaping Saudi digital banking with innovative and Shariah-compliant solutions. Learn more today.

GE Vernova Saudi Initiatives Boost Energy Transition | GE Vernova

by Mohamed Ghamdi | May 21, 2025 | Economy & Business

GE Vernova announces $14.2B in GE Vernova Saudi initiatives to accelerate the Kingdom’s energy transition with U.S. tech. Learn about these major collaborations!

Mastercard Cyber Resilience KSA: New Center Launched

by Mohamed Ghamdi | May 21, 2025 | Artificial Intelligence, Economy & Business

Mastercard launches its new Cyber Resilience Center in KSA, enhancing Mastercard Cyber Resilience KSA efforts with Riyad Bank. Discover how this boosts regional cybersecurity. Learn more!

ACCIONA Global Water Awards: Two Top Wins

by Mohamed Ghamdi | May 19, 2025 | Economy & Business, Social Media

ACCIONA has proudly announced significant victories at the recent ACCIONA Global Water Awards,...

Mastercard Appoints Saud Swar as Country Manager for Saudi Arabia, Bahrain, Jordan & Levant

by Mohamed Ghamdi | May 18, 2025 | Economy & Business

Mastercard appoints Saud Swar as Country Manager for Saudi Arabia, Bahrain, Jordan, and Levant, enhancing its leadership team and expanding regional impact.

ALEC FITOUT Expands Saudi Team 10x to Support Museum, Hospitality, and Entertainment Projects

by Mohamed Ghamdi | May 18, 2025 | Economy & Business, Gaming & Entertainment

Riyadh, Saudi Arabia – May 13, 2025: ALEC FITOUT is making a significant investment in the Saudi...

Wallet Top-Ups UAE: Checkout.com & du Pay Partner

by Shima Zamil | May 17, 2025 | Economy & Business

Discover how Checkout.com and du Pay are revolutionizing wallet top-ups UAE. This new partnership enhances financial accessibility across the nation.

PIF and Hyundai Launch Hyundai Motor Manufacturing Middle East in Saudi Arabia

by Mohamed Ghamdi | May 15, 2025 | Automotive, Economy & Business

PIF and Hyundai have launched Hyundai Motor Manufacturing Middle East in Saudi Arabia, a groundbreaking automotive plant producing 50,000 vehicles annually.

PayPal and Perplexity Forge Conversational-Commerce Alliance for Summer 2025

by Zamil Safwan | May 15, 2025 | Economy & Business

PayPal will power in-chat checkout on Perplexity Pro this summer, bringing seamless PayPal & Venmo payments, shipping and invoicing to AI-driven shopping in the U.S.

Parsons Selected as Delivery Partner for King Salman International Airport

by Shima Zamil | May 14, 2025 | Economy & Business, Tourism & Aviation

Parsons has been selected as the Delivery Partner for King Salman International Airport, providing project management services for airfield and landside assets.

Saudi Arabia to Build 180,000 Hotel Apartments by 2034

by Zamil Safwan | May 14, 2025 | Economy & Business, Tourism & Aviation

Saudi Arabia plans to build 180,000 hotel and serviced apartments by 2034 for the FIFA World Cup, transforming its infrastructure and hospitality sector.

Saudi Giga Projects Summit 2025 Highlights Mega Contracts and World Records

by Mohamed Mosaed | May 13, 2025 | Economy & Business

Saudi Giga Projects Summit 2025 highlights $20bn in contracts, world’s tallest indoor climbing wall, and major updates from Diriyah, Sports Boulevard, and AlUla.

Oracle’s Commitment to Saudi Arabia and President Trump’s Vision for Global Prosperity

by Mohamed Ghamdi | May 13, 2025 | Economy & Business

RIYADH, Saudi Arabia – May 13, 2025 – Oracle remains committed to the Kingdom of Saudi Arabia’s...

Areeb Capital Secures SAR 5.8 Billion Financing Agreement with Saudi National Bank

by Nour Elotaiby | May 13, 2025 | Economy & Business

Areeb Capital, a leading real estate asset management company in Saudi Arabia, has signed a SAR 5.8 billion financing agreement with Saudi National Bank (SNB). This strategic deal will enhance Areeb Capital’s investment capabilities in the real estate sector, supporting its expansion plans and boosting its status as a leading player in real estate fund management.

Ant Digital Technologies Unveils AI-Powered FinTech Solutions at Dubai FinTech Summit 2025

by Shima Zamil | May 13, 2025 | Economy & Business

Dubai, UAE – May 13, 2025: Ant Digital Technologies, a leader in emerging technologies, made a...

Travel Trends 2025: Wellness, Nature, and Culinary Adventures Lead EEMEA Travel Growth

by Mohamed Ghamdi | May 13, 2025 | Economy & Business, Tourism & Aviation

The Mastercard Economics Institute has released its Travel Trends 2025 report, highlighting key travel patterns in the EEMEA region. Wellness retreats, nature adventures, and global culinary experiences are driving growth, with Saudi Arabia, South Africa, Namibia, and Istanbul emerging as top destinations. The report offers insights into how these trends are shaping consumer preferences across Eastern Europe, the Middle East, and Africa.

Lockheed Martin and AIC Steel Achieve Key Milestone in THAAD Launcher Production in Saudi Arabia

by Zamil Safwan | May 12, 2025 | Economy & Business

Lockheed Martin and AIC Steel have celebrated a major milestone in the local production of THAAD launcher components in Saudi Arabia. This achievement highlights the successful collaboration between the two companies and their commitment to bolstering the defense industrial base in the Kingdom. The milestone also aligns with Saudi Vision 2030 and strengthens the American defense supply chain.