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Technology companies participating in LEAP 2026

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2026-09-04 22:11 UTC → 2026-09-11 17:24 UTC · added ~~removed~~

The fifth edition of the LEAP technology conference in Riyadh, held from August 31 to September 3, 2026, concluded with approximately $15 billion in announced technology investments and strategic agreements. These deals, spanning artificial intelligence, cloud computing, data centers, and 5G infrastructure, signal Saudi Arabia’s ambition to transition into a global technology producer. Major international investments include Amazon Web Services announcing a $5.3 billion commitment to launch its first Saudi cloud region by December 2026, and Adobe committing over $4 billion to expand its partnership with the Ministry of Communications and Information Technology. Additionally, Snowflake announced a $300 million expansion plan through 2030. In the telecommunications and digital sectors, stc group continued its expansion through a multi-year agreement with Ericsson to deploy new radio technologies and 5G connectivity. Salam signed several agreements, including a partnership with UnifyApps for automation, a reseller agreement with Zoom for AI-powered collaboration, and two MoUs with Huawei regarding next-generation IP networks and quantum-safe security. Furthering regional digital infrastructure, stc Bahrain partnered with Velents to launch a suite of digital solutions for business automation, enabling enterprise customers to deploy digital agents for managing complex operations. In Saudi Arabia, TAWAL and Huawei entered an Indoor Building Solutions (IBS) Partnership Agreement to develop high-quality indoor networks for large commercial complexes and new cities, aiming to meet the data traffic demands of the growing digital economy. The Saudi Data and AI Authority (SDAIA) has maintained its ‘AI-First’ approach to drive economic productivity. Complementing this, the Saudi Ministry of Culture launched ‘Thaqafati’, a unified digital platform for cultural services. Other notable developments include Huawei’s memorandum of understanding with the King Salman Park Foundation for smart park innovations and Commvault’s collaboration with Microsoft to provide cyber resilience for cloud and AI workloads.

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