LEAP Tech Conference 2024 set to bring in $11.9 billion investments

LEAP Tech Conference 2024 set to bring in $11.9 billion investments





Okaz/Saudi Gazette RIYADH — Minister of Communications and Information Technology Eng. Abdullah Al-Swaha revealed that Saudi Arabia has made great strides in digital transformation. He said that the LEAP Tech Conference 2024 would bring in technological investments amounting to $11.9 billion. “These investments, the largest of its kind in the region, would support deep and emerging technologies, innovation, and cloud computing in Saudi Arabia and worldwide.The minister said this while opening the 3rd edition of LEAP Tech Conference 2024, under the slogan “New Horizons,” at the Riyadh International Convention & Exhibition Center on Monday.Al-Swaha highlighted the unwavering support that Crown Prince and Prime Minister Mohammed bin Salman has extended to Saudi and global tech sectors, to help the digital economy grow and prosper, as part of the Kingdom’s Vision 2030. “Saudi Arabia seeks to change the region through development in the field of technology. We have one of the best technological environments for the growth and development of the entire sector, and human capital is the most important to us because it represents a success story,” he said.The new investments will help consolidate the Kingdom’s position as the largest market and digital economy in the Middle East and North Africa