Saudi Arabia's Minister of Communications and Information Technology, Abdullah Al-Swaha, highlighted the significant growth of the kingdom's digital economy, which has now reached a value of approximately SR460 billion ($122.65 billion). Speaking at a press conference during the LEAP Tech Conference 2024 in Riyadh, Al-Swaha noted a remarkable 10 percent growth in the digital economy since the launch of Saudi Vision 2030.

Al-Swaha emphasized the expansion of Saudi Arabia's technical and digital market to over SR183 billion ($48.7 billion). The ongoing four-day conference has attracted a substantial international presence and witnessed the announcement of billion-dollar investment deals focused on digital transformation. During the conference's opening session, Al-Swaha unveiled plans for technological investments totaling $11.9 billion. Notable agreements have been forged with global tech giants like Amazon Web Services, IBM, Datavolt, and ServiceNow.