▸ The event is supported by Saudi Government, powered by the Ministry of Communications and Information Technology (MCIT)
LEAP, a landmark technology event of national importance that supports Saudi’s Vision 2030 for a knowledge-based economy, is projected to be held from 28 – 30 November 2021. The event is poised to galvanise public and private organisations in the region and beyond, drive female empowerment, unlock the Kingdom’s boundless investment potential for seismic economic diversification, and propel the nation into the ranks of the world’s top 20 tech-enabled nations.
Backed by a multitude of government organisations, LEAP will serve as a catalyst for monumental digital transformation across every sector of Saudi industry and business. Merging large-scale tech adoption solutions and ambitious pilot projects, the event will debut at the new Riyadh Front Exhibition Centre – the largest in Saudi Arabia – from February 1-3 next year.
Powered by Saudi Arabia’s Ministry of Communications and Information Technology (MCIT), and organised by Informa Tech, LEAP is a strategic initiative to transform the national economy and position Saudi Arabia as a visionary tech hub connecting three continents with the global industry. Backed by Saudi Arabian government and the Kingdom’s major investors and mega infrastructure projects, LEAP aims to reform business opportunities and empower the funding of ideas and nurturing of tech startups – from Saudi Arabia to San Francisco, and everywhere in between.
LEAP arrives as Saudi’s investment in the domestic and international startup ecosystem is forecast to exceed the multi-billions USD mark in coming years, with Saudi Venture Capital Company (SVC), a government-backed venture capitalist, pledging $750 million to stimulate new businesses in the Kingdom; Saudi Technology Ventures (STV), the Middle East’s largest venture capital fund, launching a $500 million tech fund to back startup founders, young entrepreneurs; and Public Investment Fund (PIF) reporting over $50billion to invest in emerging technology. LEAP will feed the startup climate and directly link star-gazing entrepreneurs with future focused investors.
The disruptive event’s global, future-ready aspirations reflect Saudi Arabia’s national ambitions, with LEAP serving as a physical manifestation of the Kingdom’s goal to sit at the global forefront of emerging tech.
“LEAP will be the most iconic and seismic