Al-Falih: Investment environment in Saudi Arabia is attractive and was embodied in the huge deals at “Leap24”

Engineer Khalid Al-Falih, Minister of Investment, said that the investment environment in Saudi Arabia is very wonderful and was embodied in the conference, where there is a spirit of innovation from Saudi youth who presented their innovation and emerging companies.

According to Al Arabiya, he explained that the large deals during the “Leap24” exhibition and conference reflect the confidence of foreign companies in the investment environment in the Kingdom.

Al-Falih added that the conference attracts all technology companies around the world, innovators and leading companies from the Middle East, America, Europe and Asia, and deals and announcements were made for huge projects, the most important of which was the Amazon cloud deal, preceded by Microsoft and Google.

He expressed his optimism about the rapid transformation of the Saudi economy, as its fuel is the nation’s youth, who are inspired by the Crown Prince, the leader of the Kingdom’s Vision 2030, and who are confident and believe in a promising future embodied in the LEAP Forum, which has become the most important forum in the technology sector in the world.

It is noteworthy that “LEAP 2024”, which represents an important axis in the digital transformation process locally and globally, with the participation of more than (450) companies, (180) countries, and (902) entities, provides a review of the most prominent security technologies, systems and equipment enhanced by artificial intelligence technologies and solutions. Innovative digital.