The conclusion of the Libype 2025 .. Launching and investments exceeding $ 14.9 billion

Today, the works of the fourth edition of the Lepe 2025 conference, the most prominent technical event in the region, which was held at the Riyadh Exhibition and Convention Center with an inspiration under the slogan “Towards new horizons”, concluded by the Kingdom with a new success as a global destination for investments in the infrastructure and cloud computing, with a total investment exceeding 14.9 billion Dollar, this achievement reflects the Kingdom’s position as a major axis of innovation and modern technologies, and its growing role in the digital economy.
This success comes as a reflection of the support and empowerment that the sector enjoys from His Royal Highness Prince Muhammad bin Salman bin Abdulaziz, Crown Prince, Prime Minister – may God protect him – reinforces the Kingdom’s commitment to achieving the target of Vision 2030, and consolidating its global leadership in technology, artificial intelligence and entrepreneurship.

Lip 2025 Conference

Lip is a global platform that brings together senior thinkers and perpetrators in the digital field, as it contributes to empowering entrepreneurs and stimulating innovation in the era of artificial intelligence, and pushes the wheel of the shift towards a prosperous and sustainable digital economy.

The conference, which was organized by the Ministry of Communications and Information Technology and the Saudi Cyber ​​Security, Programming and Dresses and an alliance company, witnessed the signing of deals and the launch of qualitative investments with major companies and asset managers whose governor exceeds 22 trillion dollars, and the conference also recorded more than 200 thousand visitors, and the participation of 1,800 international and local entities, More than 1,000 global speakers, along with 680 startups, reflecting the importance of the Kingdom as a pivotal center for innovation, and confirms its growing role in attracting minds and major technical companies.

Technical leaders

The conference strengthened its position as a major platform that brings together the leaders of technology, investors and decision makers to anticipate the future of the sector, in a clear assertion of the Kingdom’s capabilities and regional and global leadership, as the Kingdom’s organization of “Lip” reflects the great support that its transformational journey enjoys from the digital age to the era of artificial intelligence, and its continuation In leading the path of transformation towards an innovative and sustainable economy based on the outputs of the Fourth Industrial Revolution.

The conference witnessed the announcement of huge investments confirming the acceleration of digital development in the Kingdom, the most prominent of which is a 1.5 billion dollar partnership between “Groke” and “Aramco Digital” to enhance investments in cloud computing supported by artificial intelligence, and investing two billion dollars between the “Saudi” machines “and” Lenovo and Lenovo “Chinese to create an advanced manufacturing and technology center based on artificial intelligence and robots, and new projects have been launched to support digital infrastructure and motivate innovation, which enhances the Kingdom’s attractiveness as a major center for technical investments at the global level.

The technical sector in the Kingdom

Information technology, Abdullah bin Amer Al -Sawah, stressed that “Leip 2025” reflects the support and empowerment that the technical sector in the Kingdom is enjoyed by the wise leadership -may God protect it -, which enhances its global leadership in innovation and advanced technologies.

He said: “The international investments and this success achieved for the technical sector in the Kingdom are the result of supporting and empowering His Highness the Crown Prince, may God protect him – praising the efforts of all government sectors and the private sector who contributed to the success of this technical and innovative movement that enhances the Kingdom’s efforts to achieve the target of Vision 2030 , And its position is established as a leader in the era of artificial intelligence. “

Support of His Highness the Crown Prince

The Chairman of the Board of Directors of the Saudi Federation for Cyber ​​Security, Programming and Dronese, Chairman of the Board of Directors of the Faisal Khamisi Alliance Company, stressed that all the achievements we are witnessing today would not have been achieved without the support and empowerment of His Highness the Crown Prince – may God protect him – which made the Kingdom a global center for innovation and investment in advanced technologies And established its position at the forefront of the leading countries in digital transformation and a sustainable economy.
He added, “Lip 2025” was not just a technical conference, but rather a global platform that has witnessed the largest version since its inception, contributing to promoting innovation, linking startups to investors, and opening new horizons for entrepreneurs. “

Great investments

He pointed out that the conference was not limited to major investments that exceeded 14.9 billion dollars, but also witnessed an active movement between startups and investors, which led to the conclusion of specific deals and support for new pioneering projects.
Al -Khamisi explained that “Leib” is now a global standard in the speedy completion of deals and the launch of new projects, as it enabled major technical companies to achieve deals in a few days, which may take a whole year of work.

Digital economy

Al -Khamisi announced that “Lip” will start from the Kingdom to the world, by organizing two copies next year, one in Riyadh and the other in Hong Kong, which enhances the Kingdom’s role as a major axis in digital economy, innovation, artificial intelligence and the extension of its global impact.
Khamisi reviewed concrete success stories that started from “Leib”, where Ejari, which started with a simple wing at the conference, managed to secure its first investment round of one million dollars, followed by another round of $ 15 million, which contributed to the growth of its team to more than 30 An employee and receive requests exceeding 50 million dollars.
He referred to the success story of the company “Data Lexing”, a young Saudi company that participated in “Lip 2022”, but has since expanded to sell its products in 10 countries, with more than 2000 customers, 65? Of them from outside the Kingdom, as well, Quant was able to complete an investment tour of two million dollars in just one day during its participation in “Leib”.