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Consumer spending in Saudi Arabia rose by 1% to reach SR150.1 billion, driven by a 28% surge in e-commerce, despite a decline in cash withdrawals, signaling a continued shift toward digital payments.

Clock05/05/2026

DMCC has unveiled DMCC Cyber, a dedicated cybersecurity hub under its new DMCC Tech platform, as its technology community surpasses 4,000 companies. The initiative strengthens Dubai’s digital economy by connecting businesses across AI, cybersecurity, blockchain, gaming, and emerging technologies within one integrated ecosystem.

A major World Cup controversy has erupted after Folarin Balogun’s suspension was reportedly overturned ahead of the USA’s round-of-16 clash with Belgium. The decision, said to follow President Trump’s intervention with FIFA President Gianni Infantino, has sparked debate over political influence, sporting integrity, and FIFA’s disciplinary process.

BMW has unveiled the next-generation X5, introducing five powertrain options for the first time—including petrol, diesel, plug-in hybrid, all-electric, and an upcoming hydrogen variant. Built on Neue Klasse technologies, the new X5 also features a redesigned look, advanced digital features, and an electric range of up to 845 km for the iX5.

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OMODA & JAECOO is showcasing how AI-powered humanoid robots and autonomous parking technologies could support the UAE’s smart city ambitions. Through its AiMOGA robotics platform and VPD self-parking system, the company is exploring future applications across airports, malls, public services, and urban mobility ecosystems.

Clock04/06/2026
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