LEAP 2026 Day 3 Tech Investment
On the third day of the LEAP 2026 Conference in Riyadh, an announcement was made regarding investments worth billions of dollars in the Kingdom's technology sector, reflecting ongoing confidence in the Saudi digital economy. The investments included the Khuzam Digital Valley data center project with a cost of 3.3 billion riyals, and the launch of AWS's first cloud region with an investment exceeding 5.3 billion dollars. The event also focused on mobility and artificial intelligence sectors, with initiatives to support startups and develop local capabilities, aiming to build a competitive global tech ecosystem and achieve sustainable growth in advanced technology fields.
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