The fifth edition of the LEAP technology conference has officially opened in Riyadh, according to a report from سكاي نيوز عربية. The event, which began on Tuesday, September 1, 2026, brings together technology firms, investors, and industry leaders in the Saudi capital.
The conference coincides with fresh data on regional investment activity. Saudi Arabia now accounts for 50 percent of all venture capital investments in the Middle East, as reported by الاقتصادية. This figure underscores the Kingdom's growing role as a hub for technology funding and startup growth.
Several major players are using the event to highlight their contributions. The stc Group concluded its participation in LEAP 2026 after drawing significant engagement, according to الشرق الأوسط. Meanwhile, the Saudi company Khwarizm was honored at the event for its work in smart home solutions and digital transformation, as detailed by صحيفة سبق الإلكترونية.
In a related development, the communications sector received new regulatory approvals. Two licenses were granted for carrier and international cable services, backed by investments totaling 550 million Saudi riyals, according to أرقام. The licenses are expected to support the expansion of digital infrastructure in the region.
LEAP has grown into one of the region's most prominent technology gatherings since its launch. This year's edition comes at a time when Saudi Arabia is pushing forward with ambitious digital economy goals, and the investment figures reported by الاقتصادية suggest the country is on track to meet those targets.
The conference is scheduled to run for several days in Riyadh, with attendees expected to showcase new products and announce partnerships. Observers will be watching whether the event produces new deals that build on the Kingdom's current share of regional venture capital activity.
