
LEAP 2025, a global technology movement, has announced the largest-ever package of tech investments in the world, totaling an impressive $14.9 billion during its four-day event.
Saudi Arabia Solidifies Its Position as a Global Tech Leader
These investments underscore Saudi Arabia’s role as the region’s leading tech hub and a global powerhouse in AI, emerging and deep technologies, and cloud computing. The initiatives aim to empower digital skills development, foster the growth of tech startups, and drive innovation across Saudi Arabia and the broader region.
With the largest digital economy in the MENA region, valued at $132 billion, Saudi Arabia continues to strengthen its leadership in the sector. The Kingdom is also the region’s top destination for venture capital, capturing more than 40% of the total investments in 2024 with 178 deals.
Source: Techx