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2026-09-03T16:32:00.000Z

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Saudi Minister signs two MOUs at LEAP 2026

Saudi Minister signs two MOUs at LEAP 2026

The Saudi Ministry of Investment signed two Memoranda of Understanding at the "LEAP 2026" conference to enhance investment initiatives in educational technologies and support tech startups for the Saudi market. This comes amid an unprecedented expansion of the Saudi digital economy, which exceeds a value of $139 billion. The conference hosts over 1,800 companies and 1,900 investors and serves as a global investment platform reflecting Saudi Arabia’s shift from a consumer market for technology to a producer and exporter of it. Additionally, tech investments exceeding $15 billion were announced, along with venture capital investments growing to $1.72 billion. The agenda includes tracks in artificial intelligence, financial and healthcare technology, space exploration, as well as the launch of various digital platforms and initiatives.

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