Tourism & Sports

Two thousand now, thirty thousand later

September 2, 2026

Expo Riyadh 2030 has nearly 2,000 people on site, expected to rise to between 20,000 and 30,000 by the end of next year. The 6 million square metre site across 5 districts is expected to host 197 nations and 29 organisations and draw more than 42 million visits, opening on 1 October 2030 and running through March 2031. Organisers said they see no anticipated issues over the next 6 to 8 months as the war tests supply lines.

AGBI

Labour and local sourcing are the main challenges, not capital. If you work with the construction sector, focus on building your domestic supply credentials before the workforce grows to 20,000 or 30,000 people.

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Mohammed Altuwaijri
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Managing Partner

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Telecom & Technology
August 31, 2026
Four billion dollars, free

Adobe, the Ministry of Communications and Information Technology and HUMAIN signed a partnership valued at more than $4 billion, giving more than 27 million citizens and residents aged 13 and above free access to Adobe Firefly Standard and Express Premium for 12 months. The agreement covers a culturally-tailored image generation model, Arabic right-to-left support, and free access for eligible startups through CODE and The Garage from early 2027.

Argaam

$4 billion worth of software given to 27 million people is really a distribution strategy, not a donation. Adobe is securing its user base before anyone else can shape what creative tools look like in Arabic.

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Abdullah Alkherb
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Senior Partner
Government & Public Sector
September 9, 2026
Confidence at fifty-six seven

Saudi Arabia's Business Confidence Index rose to 56.7 in August from 56.5 in July, holding above the 50-point neutral threshold, according to the General Authority for Statistics. The industrial sector's index climbed to 55.8 and the services index rose to 56.1, after the overall reading dropped to 52.1 in March amid regional tensions and rebounded to 54.5 in April.

Arab News

Finance directors preparing Saudi budgets for next year should interpret the figure 56.7 as an indicator of continued customer spending expectations, while the March value of 52.1 reflects the pace of change in these expectations.

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Osamah Alfadda
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CEO
Telecom & Technology
August 26, 2026
Fifty megawatts becomes 250

Al Moammar Information Systems received a letter of award expanding its AI data centre project with HUMAIN from 50 megawatts to 250 megawatts, adding 200 megawatts in phases. The expanded contract value exceeds 689% of the company's total 2025 revenue, which was SAR 1.27 billion; the original award announced in March represented more than 155% of 2024 revenue. Work on the first 50 MW continues while engineering, procurement and construction begin on the additional capacity, with contract procedures to be finalised within two weeks.

Argaam

The company increased its capacity from 50 to 250 megawatts and reported SAR 1.27 billion in revenue last year. This rapid growth in scale exceeded the pace of business development.

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Osamah Alfadda
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CEO

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