23 Hrs
Source:
الاقتصادية
Saudi Ministry signs MOUs at LEAP 2026
The Saudi Ministry of Investment signed two memorandums of understanding on the sidelines of the "LEAP 2026" conference in Makkah, aimed at activating the Next Generation Investment and Entrepreneurship Initiative in education technologies, supporting startup tech companies, and enabling their expansion into the Saudi market. The conference comes at a time when the Saudi digital economy is experiencing unprecedented growth, valued at over $139 billion, bringing together more than 1,800 companies and 1,900 investors. Venture capital investments have reached $1.72 billion, with technological investments exceeding $15 billion. The conference has gained international prominence as an investment platform covering fields such as artificial intelligence, financial technology, healthcare, and space. It includes activities and exhibitions featuring digital launches and signing agreements, all in support of Saudi Arabia's digital transformation and investment attraction efforts.
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