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LIP 2026 Sees $Billions in Eastern and Western Investments

LIP 2026 Sees $Billions in Eastern and Western Investments

During the ongoing "LEAP 2026" conference, Saudi Arabia showcased its significant progress in the digital economy. The sector has grown by over 75%, reaching 522 billion riyals, with more than 410,000 jobs created. The country has also launched massive projects in partnership with global companies, established around 80 technical schools, and become a leading market in artificial intelligence and data centers, with approximately 50 to 60 centers. The Saudi digital economy is now experiencing unprecedented expansion, exceeding $139 billion in size, attracting venture capital investments totaling $1.72 billion, and involving extensive participation from international companies and investors—all aimed at transforming Saudi Arabia into a hub of production and innovation in technology.

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