LEAP 2025 Concludes with Multi-Billion-Dollar Investments and Global Expansion

The fourth edition of LEAP 2025, the region’s premier technology event, successfully concluded at the Riyadh Exhibition and Convention Center in Malham under the theme “Into New Horizons.” The event reinforced Saudi Arabia’s position as a global hub for AI, cloud computing, and digital infrastructure investments, securing total investments exceeding $14.9 billion. This milestone highlights the Kingdom’s growing influence in the digital economy and innovation landscape.

The remarkable success of LEAP 2025 is a testament to the unwavering support of HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, whose vision continues to drive Saudi Arabia’s digital transformation. This aligns with Vision 2030’s objectives, solidifying the Kingdom’s leadership in technology, AI, and entrepreneurship.

As a global platform, LEAP brings together top thinkers, industry leaders, and investors to drive innovation and accelerate the shift towards a prosperous and sustainable digital economy.

Unprecedented Growth and Key Partnerships

Organized by the Ministry of Communications and Information Technology, in collaboration with the Saudi Federation for Cybersecurity, Programming, and Drones and Tahaluf Company, LEAP 2025 featured:

- Over 200,000 attendees
- Participation from 1,800 international and local entities
- More than 1,000 global speakers
- A showcase of 680 startups
- Major deals with asset managers overseeing $22 trillion in portfolios

These figures underscore Saudi Arabia’s role as a global innovation hub, attracting top-tier companies and talent in the tech sector.

Strategic Investments Driving the Future

LEAP 2025 witnessed the announcement of landmark investments that will accelerate digital growth in the Kingdom, including:

- A $1.5 billion partnership between Groq and Aramco Digital to boost AI-powered cloud computing investments.

- A $2 billion investment between Saudi-based Alat and China’s Lenovo to establish an advanced AI and robotics-driven manufacturing and technology hub.

- The launch of several digital infrastructure and innovation projects, reinforcing Saudi Arabia’s position as a top destination for global tech investments.

Statements from Industry Leaders

In his closing remarks, H.E. Eng. Abdullah Alswaha, Minister of Communications and Information Technology, emphasized that LEAP 2025 reflects the Kingdom’s leadership in global technology innovation. He stated:

“The international investments and success achieved by Saudi Arabia’s technology sector are a direct result of the support and empowerment of HRH the Crown Prince and Prime Minister. This momentum drives Saudi Arabia toward its Vision 2030 goals, strengthening its position as a leader in AI, digital transformation, and entrepreneurship.”

Faisal Al-Khamissi, Chairman of the Saudi Federation for Cybersecurity, Programming, and Drones and Chairman of Tahaluf, added:

“None of these achievements would have been possible without the support and vision of HRH the Crown Prince, who has transformed Saudi Arabia into a global hub for advanced technology, innovation, and a sustainable digital economy.”

“LEAP 2025 was not just a tech event—it was the largest and most impactful edition to date. It connected startups with investors, drove innovation, and unlocked new opportunities for entrepreneurs.”

Global Expansion: LEAP to be Held in Hong Kong and Riyadh

Al-Khamissi also announced a major milestone: LEAP will expand globally, with two editions planned for 2026—one in Riyadh and another in Hong Kong. This marks a significant step in Saudi Arabia’s leadership in the global digital economy and AI-driven innovation.

Success Stories from LEAP

LEAP 2025 has already accelerated the growth of several startups, with notable success stories including:

- Ejari, which started with a small booth at LEAP and secured a $1 million seed round, followed by another $15 million investment. It has since expanded its team to over 30 employees and attracted $50 million in business opportunities.

- Data Lexing, a Saudi startup that debuted at LEAP 2022, has since expanded to 10 international markets with over 2,000 clients, 65% of whom are outside Saudi Arabia.

- Quant, which secured $2 million in investment in a single day at LEAP.

With its record-breaking deals, global partnerships, and visionary expansion plans, LEAP continues to shape the future of AI, innovation, and technology investment worldwide.