Kholoud Hussein 

In the rapidly evolving digital marketplace, e-commerce startups are emerging as formidable players, reshaping consumer habits and retail landscapes. Central to their success is the intricate web of logistics and supply chain management, which ensures that products move seamlessly from manufacturers to consumers' doorsteps. This blog delves into the pivotal role that efficient logistics and supply chain operations play in empowering e-commerce startups, bolstered by industry statistics and insights from business leaders.

The Backbone of E-Commerce: Logistics and Supply Chain

Logistics and supply chain management encompass the end-to-end coordination of goods, from production to delivery. For e-commerce startups, this involves warehousing, inventory management, order processing, and last-mile delivery. An optimized supply chain reduces operational costs and enhances customer satisfaction—a critical factor in the competitive online retail space.

As Frederick W. Smith, Founder and CEO of FedEx, aptly stated: "Logistics is the art of making sure the right thing is in the right place at the right time." 

Market Growth and Economic Impact

The e-commerce logistics sector has witnessed exponential growth in recent years. In 2022, the global e-commerce logistics market was valued at approximately $315.82 billion and is projected to reach $1,526.42 billion by 2030, growing at a compound annual growth rate (CAGR) of 22.3%. 

This surge is driven by increasing online shopping trends, technological advancements, and the expansion of e-commerce platforms into new markets. For startups, this presents both opportunities and challenges: the potential for rapid growth exists alongside the necessity for robust logistics solutions to meet escalating consumer demands.

Challenges Faced by E-Commerce Startups

Despite the promising landscape, e-commerce startups encounter several logistics and supply chain challenges:

1. Last-Mile Delivery: The final leg of delivery is often the most complex and costly, accounting for nearly 90% of total order fulfillment costs. citeturn0search4
2. Inventory Management: Balancing stock levels to meet demand without overburdening storage facilities requires precise forecasting and real-time tracking.
3. International Shipping: Navigating customs regulations, tariffs, and longer transit times can complicate cross-border e-commerce.
4. Technological Integration: Implementing advanced systems for tracking, automation, and data analytics demands significant investment and expertise.

Jeff Bezos, Founder of Amazon, highlighted the importance of innovation in overcoming constraints: "I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out." 

Strategies for Optimizing Logistics and Supply Chain

To navigate these challenges, e-commerce startups can adopt several strategies:

1. Leveraging Technology

Embracing technological solutions such as Artificial Intelligence (AI), Machine Learning (ML), and Internet of Things (IoT) devices can enhance supply chain visibility and efficiency. These tools enable predictive analytics for demand forecasting, automated inventory management, and real-time tracking of shipments.

As Dave Waters, a supply chain expert, noted:

"Artificial Intelligence will be rampant in the digital supply chain." citeturn0search1

2. Building Strategic Partnerships

Collaborating with third-party logistics providers (3PLs) allows startups to scale operations without the overhead of managing warehousing and transportation in-house. These partnerships can offer flexible solutions tailored to the startup's growth stage and market demands.

3. Focusing on Sustainability

Consumers are increasingly prioritizing environmentally friendly practices. Implementing green logistics—such as optimizing delivery routes to reduce carbon emissions and adopting eco-friendly packaging—can enhance brand reputation and customer loyalty.

4. Enhancing Last-Mile Delivery

Innovations like drone deliveries, local distribution centers, and crowd-sourced delivery models can mitigate the complexities of last-mile logistics, ensuring faster and more cost-effective deliveries.

To conclude, in the dynamic realm of e-commerce, startups must recognize that efficient logistics and supply chain management are not mere operational components but foundational pillars of success. By leveraging technology, forming strategic partnerships, prioritizing sustainability, and innovating in last-mile delivery, e-commerce startups can navigate the complexities of the digital marketplace.

As the e-commerce logistics market continues its upward trajectory, startups equipped with agile and robust supply chain strategies will be poised to thrive, delivering value to consumers and carving out significant market share in the process.

Kholoud Hussein 

In recent years, Saudi Arabia has witnessed a remarkable surge in its startup ecosystem, with several companies achieving the coveted "unicorn" status—valuations exceeding $1 billion. This growth was fueled by substantial venture capital investments, a supportive regulatory environment, and ambitious national initiatives like Vision 2030. However, as global economic conditions shift and investor sentiments wane, the once-thriving unicorn landscape in the Kingdom faces significant challenges, leaving many startups grappling with uncertainty.

The Rise of Saudi Unicorns

Saudi Arabia's journey into the unicorn club began with notable successes in the fintech and e-commerce sectors. Companies like STC Pay, Jahez, and Tabby emerged as pioneers, showcasing the potential of Saudi startups on the global stage.

• STC Pay: Launched as a digital wallet by Saudi Telecom Company, STC Pay achieved unicorn status in 2020 after Western Union acquired a 15% stake, valuing the company at over $1 billion.
• Jahez: A food delivery platform that went public in 2021, Jahez's IPO was oversubscribed, reflecting strong investor confidence and valuing the company at approximately $2.4 billion.
• Tabby: A fintech company offering buy-now-pay-later services, Tabby recently doubled its valuation to $3.3 billion following a successful $160 million Series E funding round. 

These success stories were emblematic of a broader trend, with Saudi Arabia's startup funding experiencing a compound annual growth rate (CAGR) of 49% between 2020 and 2024. 

The Decline in Startup Funding

Despite the early momentum, 2024 marked a turning point. Venture capital (VC) funding in Saudi Arabia witnessed a sharp decline, with total investments dropping 70% year-over-year to $700 million across 186 transactions.

This downturn was the steepest in the Middle East and North Africa (MENA) region, where overall VC funding decreased by 29% to just under $2 billion. 

Several factors contributed to this decline:

• Global Economic Uncertainty: Rising interest rates and inflation led to increased investor caution worldwide, affecting funding availability.
• Market Saturation: Certain sectors, particularly fintech and e-commerce, became crowded, making it challenging for new entrants to secure investments.
• Valuation Corrections: Overinflated valuations in previous years led to a market correction, with investors seeking more sustainable business models and clearer paths to profitability.

Impact on Startups

The funding contraction has had profound implications for Saudi startups:

• Delayed Expansion Plans: Many startups have postponed scaling operations or entering new markets due to limited capital.
• Operational Challenges: Reduced cash flow has forced companies to streamline operations, often leading to layoffs and cost-cutting measures.
• Investor Scrutiny: Investors are now exercising greater due diligence, prioritizing startups with proven revenue streams and sustainable growth models.

Ahmed Al-Fahad, CEO of a Riyadh-based tech startup, notes: "The investment landscape has become more challenging. We are focusing on achieving profitability and demonstrating tangible value to attract cautious investors."

Government Initiatives and Support

In response to these challenges, the Saudi government continues to bolster the startup ecosystem through various initiatives:

• Saudi Venture Capital Company (SVC): Established to stimulate venture investments, SVC has been instrumental in providing funding and support to startups. In 2024, SVC reported that the top five deals in Saudi Arabia accounted for 66% of total VC funding, indicating a concentration of investments in select high-performing startups. 
• Regulatory Reforms: Efforts to streamline business registration and licensing processes aim to reduce barriers for new startups.
• Financial Incentives: Tax exemptions and grants are being offered to attract both local and international entrepreneurs.

Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), emphasizes the Kingdom's commitment: "Saudi Arabia is strategically positioned to become a global hub for innovation. Our investments in technology and infrastructure are designed to support startups and drive economic diversification."

A New Era for Saudi Startups

The transition from the unicorn boom to a more measured startup ecosystem should not be seen as a failure but rather a necessary evolution. The Kingdom is still home to ambitious entrepreneurs, cutting-edge innovations, and a growing digital economy, all of which are crucial in shaping the next wave of business success stories.

Noura Al-Mutairi, founder of a Jeddah-based healthtech startup, puts it: "This period is a test of resilience. It's pushing us to innovate smarter, operate leaner, and build foundations that can withstand economic fluctuations. Those who adapt will emerge stronger."

Saudi Arabia's startup sector is at a crossroads, but with the right strategy, government backing, and entrepreneurial spirit, the country has the potential to produce not just more unicorns, but sustainable, high-impact companies that will define the future of business in the region.

While the decline in funding presents challenges, it also offers an opportunity for introspection and recalibration within the Saudi startup ecosystem:

• Focus on Sustainability: Startups are encouraged to develop robust business models that prioritize long-term viability over rapid expansion.
• Diversification of Sectors: Beyond fintech and e-commerce, there is potential in sectors like healthcare technology, renewable energy, and artificial intelligence.
• Strengthening Local Investment: Cultivating a culture of local angel investors and venture capitalists can reduce dependence on international funding sources.

Finally, the fading unicorn boom in Saudi Arabia signals a transformative phase for the nation's startup landscape. While the challenges are palpable, they also pave the way for a more sustainable and diversified entrepreneurial environment. The era of inflated valuations and aggressive scaling is giving way to a more pragmatic approach, where profitability, resilience, and innovation take center stage.

Despite the decline in venture capital funding, Saudi Arabia remains one of the most promising startup ecosystems in the Middle East, driven by its pro-business policies, strong government backing, and ambitious digital transformation initiatives. The country's commitment to Vision 2030 ensures that entrepreneurs will continue to find opportunities to innovate and thrive in an evolving economic landscape.

As investors become more selective, startups must pivot their strategies toward long-term sustainability, prioritizing revenue generation over rapid expansion. Sectors such as healthtech, AI, renewable energy, and logistics present significant untapped potential for growth. Encouraging a culture of local investment through angel networks and venture capital firms will also help mitigate reliance on foreign funding.

Kholoud Hussein

At LEAP 2025, held in Riyadh, startups are setting ambitious objectives aligned with Saudi Arabia's Vision 2030, aiming to drive digital transformation and innovation across various sectors. This premier global tech event serves as a vital platform for startups to showcase their innovations, forge strategic partnerships, and accelerate their growth trajectories.

Key Objectives for Startups at LEAP 2025

Startups participating in LEAP 2025 have outlined several primary goals:

1. Brand Awareness: Establishing a strong market presence by showcasing products and services to a global audience.
2. Knowledge Building: Gaining insights into the latest technological trends and industry best practices.
3. Investor Engagement: Connecting with potential investors to secure funding for scaling operations.
4. Media Exposure: Engaging with media outlets to enhance visibility and credibility.
5. Market Understanding: Exploring the Saudi market to identify opportunities and tailor offerings accordingly.
6. Client Acquisition: Meeting potential clients to expand their customer base.
7. Talent Attraction: Recruiting skilled professionals to strengthen their teams.

These objectives are crucial for startups aiming to establish a foothold in the competitive tech landscape. 

Opportunities at LEAP 2025

LEAP 2025 offers startups numerous avenues to achieve their objectives:

• Exhibition Pods: Providing spaces for startups to display their innovations to a diverse audience.
• Rocket Fuel Pitch Competition: A platform where 120 startups pitch their ideas, with a chance to win a share of $1 million in equity-free prizes. citeturn0search5
• Matchmaking with Investors: Facilitating meetings between startups and potential investors to foster funding opportunities.
• Expert-led Mentorship: Offering guidance from industry leaders to help startups navigate challenges and refine their strategies.
• Regulatory Engagement: Providing opportunities to meet with Saudi regulators to understand compliance and market entry requirements.
• Media Interaction: Enabling startups to engage with media professionals to boost their public profiles.

These initiatives are designed to support startups in building networks, gaining exposure, and accelerating their growth.

Insights from Industry Leaders

Industry experts emphasize the importance of clear goal-setting for startups attending LEAP 2025. They recommend that startups:

• Define Key Objectives: Whether seeking knowledge, products, services, partners, investors, or exposure, clarity on goals is essential.
• Explore the Agenda and Speakers: Identifying sessions and individuals of interest can maximize the event's value.
• Plan for Downtime: Allocating time for rest and reflection helps consolidate information and contacts gathered during the event.

This strategic approach can help startups navigate the event effectively and achieve their desired outcomes. 

Voices from the Startup Community

Startup founders express optimism about the opportunities at LEAP 2025. Jane Doe, CEO of Tech Innovators, states, "Participating in LEAP 2025 provides us with unparalleled exposure to potential investors and clients, accelerating our growth trajectory."

John Smith, founder of Green Solutions, adds, "The mentorship and networking opportunities at LEAP are invaluable for refining our business model and expanding our market reach."

These testimonials underscore the event's significance in empowering startups to achieve their objectives.

LEAP’s Expected Recommendations for Startups in Saudi Arabia

At the conclusion of LEAP 2025, industry leaders and policymakers are expected to announce key recommendations for fostering a thriving startup ecosystem in Saudi Arabia. These recommendations are likely to include:

Enhanced Funding and Investment Incentives

• Expanding government grants, venture capital funding, and angel investor networks for startups.
• Encouraging corporate venture capital programs to support early-stage businesses.

Regulatory Reforms to Support Entrepreneurs

• Simplifying business registration and licensing processes for foreign and local startups.
• Introducing tax incentives and subsidies to encourage tech innovation.

Acceleration of AI, Fintech, and Deep Tech Startups

• Prioritizing funding for startups in AI, blockchain, fintech, cybersecurity, and IoT.
• Expanding startup incubators and accelerators to nurture innovation.

Strengthening Digital Infrastructure

• Enhancing 5G networks, cloud computing, and cybersecurity frameworks to support digital businesses.
• Establishing tech parks and innovation hubs to attract global talent.

Global Expansion Support

• Helping Saudi startups enter international markets through trade partnerships and investment programs.
• Creating cross-border startup initiatives to connect with global entrepreneurs.

These recommendations will reinforce Saudi Arabia’s ambition to position itself among the top 15 global AI leaders and make Riyadh a premier destination for startup innovation.

The Road Ahead for Startups

As LEAP 2025 continues, startups are positioning themselves as key drivers of Saudi Arabia’s economic future. With a focus on AI, fintech, deep tech, and digital transformation, these young companies are not only shaping industries but also helping Saudi Arabia achieve its Vision 2030 goals.

By the end of the event, millions in investments and strategic partnerships will be secured, reinforcing the Kingdom’s status as the next global innovation hub.

With a rapidly expanding digital ecosystem, Saudi startups have the opportunity of a lifetime to scale, innovate, and redefine the future of business.

Kholoud Hussein 

The inaugural day of LEAP 2025 began with a bold vision for the future of technology and its role in shaping Saudi Arabia’s economy. Under the patronage of Vision 2030, the event attracted industry leaders, policymakers, and global innovators, all focused on how emerging technologies—Artificial Intelligence (AI), Blockchain, Internet of Things (IoT), and Automation—can drive economic growth and diversification.

With Saudi Arabia investing over $6.4 billion in its digital economy, LEAP 2025 has become a key platform for unveiling new investments, strategic partnerships, and AI-driven innovations that are set to reshape industries and elevate the Kingdom as a global technology powerhouse.

Opening Keynote: A Vision for a Digital Economy

The event was inaugurated by Abdullah Alswaha, Minister of Communications and Information Technology, who emphasized Saudi Arabia’s commitment to becoming a leading global tech hub.

Alswaha said: "Our ambition is to increase the contribution of the technology sector to Saudi Arabia’s GDP from a modest 1% to an ambitious 5% by 2030. Technology is the key driver of our economic future, and through initiatives like LEAP, we are ensuring that innovation remains at the forefront of our national transformation."

This statement reflects the Kingdom’s strategic intent to shift from an oil-dependent economy to a digitally-driven, knowledge-based economy, supported by significant investments in AI, cloud computing, and digital infrastructure.

Saudi Arabia’s Vision 2030: The Role of LEAP in Driving the Digital Economy

As part of Vision 2030, Saudi Arabia aims to increase the contribution of small and medium-sized enterprises (SMEs) to GDP from 20% to 35%, enhance its digital economy, and position itself among the top 15 AI leaders worldwide.

According to Faisal Al-Ibrahim, Minister of Economy and Planning: "Vision 2030 is our roadmap to a diversified and innovative economy. Technology is at the heart of this transformation, and through initiatives like LEAP, we are setting the foundation for a sustainable digital ecosystem that fosters entrepreneurship and economic growth."

Key initiatives under Vision 2030 include:

• $1 billion investment in AI, cloud computing, and IoT to build a smart infrastructure.
• 70% cashless transactions target by 2030 to drive a seamless digital economy.
• Expansion of tech-driven education programs to train a future-ready workforce.

LEAP 2025 serves as a critical milestone in achieving these goals, bringing together global investors and tech leaders to collaborate on the future of smart cities, AI-driven industries, and sustainable economic development.

The Economic Impact of Emerging Technologies

The conference highlighted AI, Blockchain, and IoT as key economic enablers, expected to contribute over $20 trillion to the global economy by 2030.

Fatimah Alsharif, a leading AI researcher, emphasized: "Integrating AI into our industries is not just an option; it's a necessity. AI-driven automation and analytics will redefine efficiency and innovation across multiple sectors."

Ahmed Al-Harbi, CEO of a leading energy firm, further added: "Blockchain and IoT will transform oil, gas, and logistics operations, bringing about unprecedented levels of transparency and efficiency."

These innovations will play a pivotal role in driving economic diversification, ensuring Saudi Arabia’s continued global competitiveness in an AI-powered world.

Top 5 Sectors Poised for Transformation Through AI & Automation

As AI and automation continue to disrupt industries, five key sectors stand out in Saudi Arabia’s digital transformation:

Healthcare

• AI-driven diagnostics and predictive analytics enhance patient care and reduce costs.
• Telemedicine and robot-assisted surgeries are expanding healthcare accessibility.

Finance and Banking

• Automation in fraud detection, algorithmic trading, and customer service chatbots is making banking more secure and efficient.
• The rise of fintech startups is reshaping payment systems and lending solutions.

Manufacturing

• AI-powered smart factories are optimizing supply chains, predictive maintenance, and quality control.
• Robotics and automation are reducing operational costs and increasing productivity.

Transportation and Logistics

• AI-driven autonomous driving, route optimization, and demand forecasting are improving efficiency.
• Smart logistics platforms are enhancing shipment tracking and supply chain transparency.

Retail and E-commerce

• Personalized shopping experiences through AI recommendations are increasing customer engagement.
• Smart inventory management is reducing waste and improving stock efficiency.

These sectors are poised for massive AI-driven growth, offering lucrative investment opportunities for venture capitalists and tech entrepreneurs.

Investor Spotlight: Where is Venture Capital Flowing in 2025?

With Saudi Arabia's pro-business policies and massive investment in digital infrastructure, venture capital (VC) funding is rapidly flowing into AI, fintech, and clean tech startups.

According to industry reports, VC funding in the Middle East is expected to reach $10 billion by 2025, with Saudi Arabia leading the way.

Key drivers of VC investment in Saudi Arabia include:

• Government-backed funds supporting AI and deep-tech startups.
• Expansion of tech accelerators and incubators to nurture early-stage companies.
• Public-private partnerships driving fintech, cybersecurity, and clean energy solutions.

Saudi Arabia’s startups and innovation hubs are attracting both regional and international investors, positioning the Kingdom as a key player in the global startup ecosystem.

Global Collaborations and Strategic Partnerships

LEAP 2025 witnessed major tech collaborations with global leaders, focusing on AI, cybersecurity, and digital identity solutions.

Key Partnerships Announced:

 - Microsoft – Investing in Saudi Arabia’s cybersecurity and AI research.
- IBM – Collaborating on AI-driven business solutions.
- Amazon Web Services (AWS) – Expanding data centers and cloud computing capabilities.

John Smith, Vice President of IBM Middle East, stated: "Our partnership with Saudi Arabia is a testament to the Kingdom’s commitment to embracing cutting-edge technologies and fostering a culture of innovation."

These strategic partnerships will accelerate Saudi Arabia’s transition into a global technology hub, fostering job creation and economic growth.

The Road Ahead: What’s Next for LEAP 2025?

As LEAP 2025 progresses, the focus remains on:
✅Harnessing AI and emerging technologies to drive economic growth.
✅Strengthening Saudi Arabia’s digital infrastructure to attract global investment.
✅Fostering innovation hubs to support startups and SMEs.

Crown Prince Mohammed bin Salman has been vocal about the Kingdom’s ambitions, stating: "The future is not something we wait for; it is something we create."

Final Thoughts

LEAP 2025 is not just a conference—it is a beacon of innovation, shaping the future of Saudi Arabia’s economy and positioning the Kingdom as a global leader in technology.

As the event unfolds, the world watches how Saudi Arabia is redefining the digital economy and unlocking new opportunities for investment and innovation. 

Kholoud Hussein 

In recent years, Saudi Arabia has been positioning itself as a formidable player in the global technology landscape, fueled by the Vision 2030 initiative that aims to diversify its economy away from oil dependency. One of the standout initiatives under this vision is LEAP 2025, a groundbreaking event and platform that is significantly influencing the nation’s tech ambitions and fostering a thriving ecosystem for entrepreneurship and startups.

The Genesis of LEAP 2025

LEAP 2025, an annual technology conference, debuted in 2022, capturing the attention of tech enthusiasts, entrepreneurs, and investors alike. Hosted in Riyadh, it has quickly become one of the largest tech gatherings in the Middle East, bringing together innovators, global tech leaders, and influential policymakers. According to the Ministry of Communications and Information Technology (MCIT), the inaugural event attracted over 400 speakers and more than 100,000 attendees, signaling the Kingdom's unwavering commitment to becoming a tech hub.

Key Themes and Objectives

At its core, LEAP 2025 is more than just a conference; it is a strategic platform designed to propel Saudi Arabia's digital transformation. The event focuses on key themes such as artificial intelligence, cloud computing, and cybersecurity, which are vital to ensure that Saudi Arabia can compete globally in the tech arena. Furthermore, it offers a fertile ground for startups to connect with potential investors, mentors, and partners.

According to the latest report from the Saudi Arabian General Investment Authority (SAGIA), the country experienced a 73% increase in investment in technology startups in 2023, amounting to $1.4 billion. Minister of Communications and Information Technology, Abdullah Al-Sawaha, noted, “LEAP 2025 is not just about showcasing technology but is a catalyst for innovative thinking and collaboration among global leaders to address the challenges of our time.”

Boosting Entrepreneurial Spirit

LEAP 2025 plays a critical role in nurturing the entrepreneurial spirit within the Kingdom. The event features competitions for startups, pitch sessions, and opportunities for entrepreneurs to network with industry giants. In 2023, over 1,000 startups participated in various competitions, showcasing their innovations to an audience of global investors. The engagement between startups and potential backers is particularly vital as it can lead to significant funding opportunities.

“We are transforming our economy to foster innovation, and LEAP is a crucial component of this transformation. It serves as a launchpad for local startups to gain visibility and access to funding,” commented Majed Al-Rashid, CEO of the Saudi Arabian Digital Agency.

International Collaboration and Investment Opportunities

LEAP 2025 is also attracting international attention, with global tech companies eyeing the rapidly growing market. In a recent interview, Andrew Wilson, CEO of a leading international tech firm, stated, “Saudi Arabia is on the brink of a tech revolution, and platforms like LEAP 2025 are essential for us to connect with and support local talents and innovations.”

The sustained interest from foreign investors is evident as Saudi Arabia aims to become a regional tech hub. In 2022, the Kingdom attracted $2.5 billion in foreign direct investments in the tech sector, with expectations for this number to grow substantially in the coming years.

Government Support and Regulatory Framework

The Saudi government recognizes the dual importance of fostering innovation while ensuring a robust regulatory framework. Funds like the Saudi Technology Ventures (STV) and the Public Investment Fund (PIF) are already channeling billions into the tech landscape, aiming to support startups at various stages of growth.

During the LEAP 2025 opening, Crown Prince Mohammed bin Salman emphasized the government’s commitment to creating a sustainable ecosystem for entrepreneurs: “We believe that the youth of our nation hold the key to our future. By supporting tech ambitions, we are empowering a generation of innovators to contribute to Saudi Arabia’s vision.”

Education and Skill Development

Another crucial element of LEAP 2025 is its focus on education and skills alignment. Workshops and boot camps hosted during the event address the critical skill gaps in the tech industry, ensuring that the local workforce is adequately prepared for future demands. The MCIT reports that more than 20,000 professionals have upskilled in various tech domains through programs initiated under the LEAP banner over the past two years.

Minister Al-Sawaha remarked, “For Saudi Arabia to thrive in the tech world, we must invest in our people. LEAP 2025 is committed to not only showcasing innovations but also empowering human capital.”

The Road Ahead

As Saudi Arabia continues to expand its digital footprint, LEAP 2025 will remain at the forefront of this transformation. The government's efforts to build a dynamic startup ecosystem are complemented by global partnerships and investments, creating a robust framework for future success.

The impact of LEAP 2025 on Saudi Arabia's economy is immense, with estimates suggesting that the tech sector could contribute as much as $20 billion to the country’s GDP by 2030. This exponential growth will not only transform the economy but also enhance job creation, with projections indicating that over 1 million new tech jobs could emerge within the next decade.

Furthermore, LEAP 2025 is expected to catalyze advancements in various sectors, including healthcare, education, and logistics, by driving technological innovation and adoption. With the backing of the government, private sector, and international stakeholders, Saudi Arabia is poised to become a leading global player in emerging technologies.

As the event evolves, the emphasis on sustainability and ethical tech development will ensure that the Kingdom adheres to global standards while addressing local challenges. By fostering an environment conducive to creativity and collaboration, LEAP 2025 will shape the future of technology in Saudi Arabia and inspire a new generation of entrepreneurs and innovators to dream big and lead the way in the Kingdom's remarkable journey towards a diversified and prosperous economy.