The fourth edition of the “Leip 2025” conference concluded today with a total investment of more than $ 14.9 billion, reflecting the position of the Kingdom of Saudi Arabia as an important as of innovation and modern technology, and its growing role in the digital economy. The conference was witness to the announcement of major investments that reflect the acceleration of digital development in the kingdom, especially a 1.5 billion dollar partnership between CROK and Aramco Digital to improve investments in cloud computing supported by artificial intelligence, and to invest two billion between the ‘Saudi’ and Lenovo ‘ to create as an advanced manufacture as an advanced manufacture as an advanced manufacturing as an advanced manufacture as an advanced manufacture of advanced manufacturing as an advanced manufacturing. has been launched to support digital infrastructure and stimulate innovation, which increases the attraction of the kingdom as an important center for the world level technical investment. More than 200 thousand visitors, and the participation of 1,800 international and local entities, and more than a thousand world speakers, along with 680 emerging businesses. This success reflects the support and empowerment that the sector enjoys the Crown Prince Mohammed Bin Salman bin Abdulaziz, which improves the kingdom’s commitment to achieving the target of Vision 2030 and consolidating its global leadership in technology, artificial intelligence and entrepreneurship. ‘Lip’ is a global platform that brings together senior thinkers and offenders in the digital field as it contributes to the empowerment of entrepreneurs and stimulating innovation in the era of artificial intelligence, and pushing the wheel of the move to a prosperous and sustainable digital economy. The conference has strengthened its position as an important platform that brings together the leaders of technology, investors and decision makers to predict the future of the sector, in a clear assertion of the Kingdom’s capabilities and regional and world leadership, as the Kingdom’s organization of ‘Lip’ reflects the great support that the transformational journey enjoys the digital era to the era of artificial intelligence, and from transformation to an innovation and the survival in the constant way to bring about the path of transformation outputs from the fourth industrial revolution. In his concluding speech, the Minister of Communications and Information Technology, Abdullah Bin Amer Al -Sawah, emphasized that “Leip 2025” reflects the support and empowerment that the technical sector in the kingdom is enjoyed by the wise leadership, which improves its global leadership in innovation and advanced technologies. He said: “The international investment and this success that the technical sector has achieved in the kingdom is the fruit of the support and empowerment of the crown prince, which prices the efforts of all government sectors and the private sector that contributed to the success of this technical and innovative movement that achieves the kingdom’s efforts to the target of vision and its position as a leader in the era of artificial intelligence.” The chairman of the Council of Directors of the Saudi Federation for Cyber Security, Programming and Durons, chairman of the Board of Directors of the ‘Alliance’ of Faisal Al -Khamisi, made his part from his part that all the achievements we would achieve today would not make the Kingdom a worldwide centrum without the support and empowerment of the Crown Prince, which made the Kingdom a worldwide have. The forefront of the leading countries in digital transformation and a sustainable economy. He added that “Lepe 2025” was not just a technical conference, but rather a global platform that has seen the biggest version since its inception, which has contributed to promoting innovation, linking new businesses to investors and opening new horizons to entrepreneurs. He pointed out that the conference was not limited to the most important investments that were more than $ 14.9 billion, but also saw that an active movement between Startups and investors led, which led to the conclusion of specific transactions and support for new groundbreaking projects. Al -khamisi has seen that “Leib” today is a global standard in the rapid completion of transactions and the introduction of new projects, as it has enabled large technical companies in a few days to achieve transactions that can take a whole year. He also announced that ‘lip’ of the kingdom to the world will begin by organizing two copies next year, one in Riyadh and the other in Hong Kong, which improves the kingdom’s role as an important as in the digital economy, innovation, artificial intelligence and the expansion of its influence worldwide. Khamisi reviewed concrete success stories that began from “Leib”, where the company “Ejari”, which started at the conference with a simple wing, managed to acquire its first one million dollar investment tour, followed by another 15 million dollars, which contributed to the growth of his team to more than $ 30, Success story of “Data Lexing”. (Datalexaing), a Saudi emerging company that participated in “Lepe 2022”, but has since expanded to sell its products in ten countries, with more than two thousand customers, 65% of them from outside the kingdom, also ‘Quant’, managed to complete an investment tour to value of two million dollars in just one day.
“Lepe 2025” concludes its business with billionaire investments and transactions
