Saudi Arabia’s second LEAP technology event on Tuesday saw a host of landmark partnerships and billion-dollar investments take place with major Chinese and US companies, in line with the last phase of the country’s national strategy for digital transformation.
On the first day of the event on Monday, the country announced $9 billion of investments in global companies, including Oracle, China's Huawei and Meta, to work with the kingdom, and at least $2.43 billion more on day two were injected into local technology businesses and more to stimulate market growth.
