{"id":22993,"date":"2020-08-11T19:26:47","date_gmt":"2020-08-11T15:26:47","guid":{"rendered":"https:\/\/www.middleeastevents.com\/blog\/?p=22993"},"modified":"2020-08-11T19:26:47","modified_gmt":"2020-08-11T15:26:47","slug":"one-giant-leap-saudi-arabias-new-global-tech-event-to-reshape-lifestyles-transform-economy-and-put-kingdom-among-worlds-top-tech-enabled-nations","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/one-giant-leap-saudi-arabias-new-global-tech-event-to-reshape-lifestyles-transform-economy-and-put-kingdom-among-worlds-top-tech-enabled-nations\/","title":{"rendered":"One Giant ‘Leap’: Saudi Arabia’s New Global Tech Event To Reshape Lifestyles, Transform Economy And Put Kingdom Among World’s Top Tech-Enabled Nations"},"content":{"rendered":"

Saudi Arabia has revealed ambitious plans to transform the Middle East\u2019s technology sector and position the Arabian Gulf nation at the global forefront of a bold, new era of futuristic technology adoption.<\/p>\n

LEAP, a landmark technology event of national importance that supports the Kingdom\u2019s Vision 2030 for a knowledge-based economy, is poised to galvanise public and private organisations in the region and beyond, drive female empowerment, unlock the Kingdom\u2019s boundless investment potential for seismic economic diversification, and propel the nation into the ranks of the world\u2019s top 20 tech-enabled nations.<\/p>\n

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 \u2013 the largest in Saudi Arabia \u2013 from February 1-3 next year.<\/p>\n

Powered by Saudi Arabia\u2019s Ministry of Communications and Information Technology (MCIT), and organised by Informa Tech, LEAPis 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\u2019s major investors and mega infrastructure projects, LEAP aims to reform business opportunities and empower the funding of ideas and nurturing of tech startups \u2013 from Saudi Arabia to San Francisco, and everywhere in between.<\/p>\n

LEAP arrives as Saudi\u2019s 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, pledgingUS$750 million to stimulate new businesses in the Kingdom; Saudi Technology Ventures (STV), the Middle East\u2019s 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.<\/p>\n

The disruptive event\u2019s global, future-ready aspirations reflect Saudi Arabia\u2019s national ambitions, with LEAP serving as a physical manifestation of the Kingdom\u2019sgoal to sit at the global forefront of emerging tech.<\/p>\n

\u201cLEAP will be the most iconic and seismic tech event for a generation; where East meets West and tech innovation meets investment,\u201d said H.E Minister Eng. Abdullah Amer Al-Swaha, Saudi Arabia\u2019s Minister of Communications and Information Technology. \u201cThe event will have reverberations around the world and serve as a catalyst as the Saudi government gears up to transform and diversify its economy.\u201d<\/p>\n

H.E Minister Eng. Al-Swahaadded: \u201cLEAP will be a key factor in growing the IT sector, boosting ICT\u2019s GDP contribution by SR50 billion over five years, securing foreign investment, assisting our Saudisation employment ambitions, empowering a female workforce and attracting international talent.\u201d<\/p>\n

LEAP is integral to MCIT\u2019s five-year strategy aimed at accelerating the growth of the Kingdom\u2019s digital economy by 50%, elevating its GDP contribution by US$13.3 billion, increasing foreign investments and continuing the drive of empowering women in the Kingdom\u2019s tech sector and encouraging Saudi youth to pursue their dreams.<\/p>\n

\u201cSaudi Arabia already has a flourishing female participation in its tech sector, and we aim to nourish that passion and boost female representation to the highest in the world,\u201dsaid Wadha Bin Zarah, Women Empowerment Director at MCIT. \u201cLEAP will look to empower women in the local IT industry further through several measures such as recognizing and rewarding female tech leaders and giving female-led startups access to potential funding.<\/p>\n

\u201cBy creating an event which has true equality of opportunity, everyone in attendance will have equal possibilities to benefit from the awards, funding, prize funds, knowledge sharing and networking available.\u201d<\/p>\n

Speaking on behalf of Informa Tech, Carolyn Dawson, the global event giant\u2019s Managing Director, said: \u201cLEAP will be where the Saudi government,sovereign and privately-held wealth funds will purchase pilot technology before anyone anywhere else in the world. Government investment funds, family offices, sovereign wealth funds, corporate accelerators, incubators, venture capital, private equity and angel investors will provide more tech investment than any event of its kind.<\/p>\n

\u201cThe event will be a conduit to global tech innovation; corporate buyers will initiate and announce massive tech deals to bring about a seismic shift in the global epicentre of tech adoption,\u201d added Dawson, revealing how LEAP will set a new international benchmark invisitor experiences. \u201cIt will be an immersive and experiential exhibition delivering a habitat beyond imagination and reflecting the enormous changes which technology will bring to future lifestyles,\u201d added Dawson.<\/p>\n

LEAP will have 14 focused exhibition areas oozing innovation in artificial intelligence, blockchain and crypto, robotics, 3D Printing, IoT, biotech and healthtech, smart mobility and unmanned systems, opensource, quantum, 5G, materials science, space and satellites, data and fintech.<\/p>\n

Promising hundreds of hours of thought-leading conference content, keynote presentations, talks and lively debates with the major global tech disruptors and change-makers, audiences will also gain penetrating insights into tech advancements across several dedicated stages.<\/p>\n

Hot topics impacting artificial intelligence, startups, future energy, FinTech, the creative economy, BioTech, EduTech and smart cities will be tackled at the event\u2019s \u2018LEAP Keynote Stage\u2019, <\/em>\u2018LEAP AI Summit\u2019, \u2018Orbital Talks\u2019 <\/em>and\u2018Startup Pitch Stage<\/em>\u2019.<\/p>\n

International innovators and business hopefuls will gain unprecedented access to potential investors and end-users via bespoke \u2018LEAP Investor Club\u2019<\/em> meetings designed to foster accelerated development programmes. Venture capitalists, private equity providers, sovereign wealth funds, corporate and government accelerators, family offices, university R&D labs, incubators, and angel investors will form the backbone of the Investors Club<\/em>, with attendees eager to hear, see and purchase the latest tech solutions.<\/p>\n

\u201cSaudi Arabia and the wider Gulf is brimming with many of the most powerful investment funds in the world. LEAP will unlock access to these funds to ignite innovation,\u201d explained Dawson.\u201cLEAP is what the tech community has been waiting for, a global tech event<\/a> powered by the might of Saudi Arabia; it will have far-reaching implications and could change the entire concept of vertical events for the future. The Saudi Government\u2019s support for the event is nothing short of phenomenal, enabling us to deliver more exhibitor incentives, visitor experiences and speakers than any other event of its kind.\u201d<\/p>\n

For more information, visit this link<\/a>.<\/p>\n

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Saudi Arabia has revealed ambitious plans to transform the Middle East\u2019s technology sector and position the Arabian Gulf nation at the global forefront of a bold, new era of futuristic technology adoption. LEAP, a landmark technology event of national importance that supports the Kingdom\u2019s Vision 2030 for a knowledge-based economy, is poised to galvanise public […]<\/p>\n","protected":false},"author":1,"featured_media":22994,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/22993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=22993"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/22993\/revisions"}],"predecessor-version":[{"id":22996,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/22993\/revisions\/22996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/22994"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=22993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=22993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=22993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}