Oracle Embraces AI While Workforce Declines by About 21,000 Employees
In fiscal 2026, Oracle’s overall employment fell by 13%, or over 21,000 workers, as the cloud computing behemoth continued to...
UAE and Saudi Arabia Set New Global Standards for Autonomous AI Innovation
More than a third of organizations in the UAE and Saudi Arabia have already implemented agentic AI, a new generation of AI that can make...
10 Indian-Origin Business Leaders Driving Innovation at Microsoft, Google, WhatsApp and More
The hiring of Kunal Shah, the founder of CRED, as the next CEO of WhatsApp has brought attention back to an amazing trend: CEOs of Indian...
Industrial Sector Growth Fuels New Saudi Stock Market Listings
RIYADH: According to executives and managers who spoke with Al-Eqtisadiah, three local industrial businesses are getting ready for IPOs and...
How Saudi Arabia’s Asset Management Industry Is Racing Toward $400 Billion
JEDDAH: Saudi Arabia’s asset management industry remained resilient during the Iran conflict, with assets under management topping $340...
The Rise of Structured Credit: How GCC Demand for Growth Capital Soared to $4.1 Billion
The GCC region’s startup finance ecosystem is increasingly relying on private debt. The area is developing a unique model where...
The Rise of Billionaire Cities: Where Global Wealth Is Concentrated in 2026
Global wealth is becoming increasingly concentrated in a limited number of global cities, where finance, technology, real estate, and...
Saudi Visa Liberalization Driving Tourism Growth, Economist Highlights
JEDDAH: According to an economist, additional visa liberalization, such as lowering fees and increasing access to e-visas, might help Saudi...
Marco Rubio Warns Against Shipping Tolls in the Strait of Hormuz
ABU DHABI: On Tuesday, US Secretary of State Marco Rubio arrived in the United Arab Emirates and said that no nation will be permitted to...
Mining and Manufacturing Sectors Fuel 5.1% Increase in Saudi Arabia’s Industrial Production
RIYADH: Official data indicate that Saudi Arabia’s Industrial Production Index increased by 5.1 percent in 2025 compared with the...
