Tech

    LEAP 2024: Saudi Arabia as a Global Tech Hub

    Francesco Luigi Ziccheddu · March 10, 2024 · 7 min
    LEAP 2024: Saudi Arabia as a Global Tech Hub

    Report from LEAP 2024 in Riyadh: the Saudi vision to become the technological center of the Middle East.

    LEAP in Riyadh is the concrete demonstration of the Saudi Vision 2030. I was there and saw an ecosystem under construction.

    The Vision 2030

    Saudi Arabia is investing billions in:

    • NEOM: The city of the future
    • Startup Ecosystem: Dedicated funds
    • Digital Infrastructure: 5G and data centers

    Opportunities for European Companies

    I spoke with dozens of Saudi decision makers. What are they looking for?

    • Technology transfer
    • Partnerships with established companies
    • Expertise in specific sectors

    Priority Sectors

    • FinTech
    • HealthTech
    • EdTech
    • eCommerce
    • Logistics

    How to Enter the Market

    The Saudi market requires:

    • Reliable local partner
    • Cultural understanding
    • Patience (sales cycles are long)

    The BusinessLabs Network

    In years of work in the region, we have built relationships with:

    • Sovereign wealth funds
    • Family offices
    • Large corporations

    Contact us to explore opportunities in the GCC market.

    LEAPArabia SauditaTechMedio Oriente
    Francesco Luigi Ziccheddu
    Author
    Francesco Luigi Ziccheddu
    CEO & Co-Founder

    CEO & Co-Founder of BusinessLabs. I have attended major international trade shows since 2015 and share here experiences and insights for online sellers.

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