13 Hrs
Source:
الاقتصادية
Saudi Arabia Leads VC Investments in Region
Saudi Arabia accounts for more than half of the region’s venture capital investments, with the number of unicorn companies rising to nine, reflecting the growing appeal of the local entrepreneurship and technology ecosystem. This growth has been supported by government programs and increased participation from investors, as well as the transition of startups from the founding phase to growth and expansion stages. During the "LEAP 2026" conference, held in Riyadh, investments totaling around $15 billion were announced across sectors such as artificial intelligence, digital infrastructure, and cloud computing, with Saudi Arabia strengthening its position as a regional hub for technology and AI, and transforming the local market into a center for producing companies and technologies with global scalability.
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