Page 24 - Red Hat PR REPORT - FEBRUARY 2024

2/29/24, 11:46 AM Saudi Arabia’s fortifies digital landscape by convening industry masterminds at LEAP 2024 | iHeartEmirates
By Feras AL Al Shaikh, Regional Director KSA region at Red Hat

The Kingdom of Saudi Arabia is not only witnessing significant changes but also setting stage
for a transformation journey. Currently, the nation strides firmly, guided by the ambitious Vision

2030. This development is a testament to the resounding success of the initiatives Saudi Arabia

implemented during 2023 as well as the nation’s resolute commitment to ensure continuous

economic growth.

Amid this transformative journey stands the digital economy, a towering pillar demonstrating

Saudi Arabia’s pursuit of innovation and economic diversification. With strategic investments in

cutting-edge technologies such as artificial intelligence (AI), Internet of Things (IoT),

cybersecurity and big data analytics, the Kingdom is not only adapting to future changes but is
also poised to lead as a global technology hub.

In addition, the resolute commitment of Saudi Arabia’s government to elevate the digital

economy’s contribution to nearly a fifth of the GDP by 2025 signals a seismic shift, unlocking a

realm of opportunities for both tech-industry giants and startups alike. As the world watches,
Saudi Arabia emerges as a global tech hub, building a path towards progress, creativity and

infinite possibilities.

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