Blogs

Modon Abu Dhabi H1 2026 Results: Inside the Dh2.2 Billion Profit Surge

One project launch alone brought in Dh13 billion for Modon Holding this year. That single data point helps explain how the Abu Dhabi master developer

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Middle East Data Breach Cost 2026: Why It Just Hit $8 Million

A single data breach in the Middle East now costs businesses an average of $8 million, according to IBM’s newly released 2026 Cost of a

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Moove Raises $250 Million at a $2.1 Billion Valuation to Scale Autonomous Mobility

Mobility fintech Moove has raised $250 million in a Series C funding round that values the company at $2.1 billion — the region’s largest technology

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HUMAIN Invests in Saudi AI Firm MOZN to Co-Build Enterprise AI Solutions

Saudi artificial intelligence company HUMAIN has invested in fellow Saudi AI firm MOZN, pairing the deal with a partnership to co-build enterprise AI solutions for

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Saudi-Led Consortium Completes $55 Billion Electronic Arts Acquisition

In the biggest Saudi technology story of the year by a wide margin, a consortium led by Saudi Arabia’s Public Investment Fund (PIF) has completed

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Bank of Bahrain and Kuwait H1 2026: Profit Jumps 10.3 Percent

Gulf banks just wrapped up one of their strongest earnings seasons in years, and Bahrain’s oldest lender is leading the charge. Bank of Bahrain and

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Adnoc Crude Pricing Change: Why Abu Dhabi Is Overhauling Its Oil Benchmarks

The Abu Dhabi National Oil Company is rewriting how it prices every barrel of crude it sells. Starting November 1, 2026, Adnoc will move its

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Accor Ibis Makkah Deal: Why Economy Hotels Are the Kingdom’s Next Bet

Accor is betting that Makkah’s next wave of hotel demand will not come from five-star towers, but from reliable, affordable rooms. The hospitality group has

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Saudi Sah Sukuk August 2026: Inside the Kingdom’s 4.7% Savings Play

Saudi Arabia opened subscriptions for its August “Sah” savings sukuk this week at a fixed annual return of 4.70 percent, the highest rate the retail

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DESAISIV Launches AI Pricing Engine to Reshape Saudi Health Insurance

Saudi Arabia’s AI health insurance pricing push just got a new tool. Riyadh-based insurtech DESAISIV has launched its Fair Market Pricing Engine, an AI-driven platform

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