Arab Press

بالشعب و للشعب
Sunday, Mar 26, 2023

World’s biggest tech conference LEAP 23 concludes in Riyadh

World’s biggest tech conference LEAP 23 concludes in Riyadh

The largest tech event in the world is closing its doors, with thousands of people having flocked to the Riyadh International Convention and Exhibition Center in Saudi Arabia’s capital to participate in discussions and witness world debuts in what would be one of many future tech events in the Kingdom.
The second edition of the LEAP23 Conference marked a significant turnout, with entrepreneurs and experts attending talks and browsing the venue’s many booths showcasing the latest tech products at what Michael Champion, regional executive vice president of Informa Markets, described to Arab News as “the fastest-growing tech event in the world.”

He said: “When we first launched LEAP, it was the largest debut tech event in history, so there were 100,000 visits.”

Now, Champion added, the conference has had to “build multiple tents” outside just to be able to accommodate attendees.

“There are hundreds of companies that are on the waiting list, trying to get in. And so, we have plans in the future to solve that, to grow even more,” said Champion.

For four days straight, the center saw an ever-growing crowd trying to make it into the halls where some of the biggest tech companies were stationed.

There were over 250,000 registrations this year — more than double those of last year.

Across the world, technology-based small and medium-sized enterprises are considered drivers of job growth and innovation.

According to Champion, LEAP is one of the best platforms for startups globally to participate in, especially if they want to have access to a serious amount of funding and win record-breaking prize amounts as more than 1,000 investors from all over the world — triple those at last year’s conference — represent companies with assets under management of over $2 trillion.

With Saudi Arabia rapidly emerging as a global hub for startups and entrepreneurs, Champion believes that the Kingdom’s active investor community and its east-meets-west location are ideal for startups looking to build strong bonds with major tech investors from across the region, Europe, the US and the Far East.

On the third day of LEAP23, investment programs worth $2.43 billion were announced following the $9 billion deals revealed by the Kingdom’s Minster of Information Abdullah Al-Swaha.

Emerging and disruptive technologies are increasingly touching all aspects of life, and trends continue to develop and improve with time. LEAP23’s primary focus is to showcase the latest of these technologies.

Champion told Arab News that to keep up with emerging trends, a LEAP Alliance was established where a collective of thought leaders from around the world select some of the most promising trends and “weave them into the theme of the year.”

Related Articles

Arab Press
Powell: Silicon Valley Bank was an 'outlier'
Donald Trump arrested – Twitter goes wild with doctored pictures
Credit Suisse's Scandalous History Resulted in an Obvious Collapse - It's time for regulators who fail to do their job to be held accountable and serve as an example by being behind bars.
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
Credit Suisse to borrow $54 billion from Swiss central bank
Russian Hackers Preparing New Cyber Assault Against Ukraine
If this was in Tehran, Moscow or Hong Kong
A brief banking situation report
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
Banking regulators close SVB, the largest bank failure since the financial crisis
Silicon Valley Bank: Struggles Threaten Tech Startup Ecosystem"
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Spain officials quit over trains that were too wide for tunnels...
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
European MP Clare Daly condemns US attack on Nord Stream
Tucker Carlson called Trump a 'demonic force'
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History
White House: No ETs over the United States
Saray Street in Hatay-Antakya before and after the earthquake
U.S. Jet Shoots Down Flying Object Over Canada
Nord Stream terror attack: David Sacks breaks down Sy Hersh's story
Being a Tiktoker might be expensive…
Miracle: El Salvador Search and Rescue teams, with the support of Turkish teams, rescued a woman and a child from the rubble 150 hours after the earthquake
SpaceX, the private space exploration company, made a significant breakthrough in their mission to reach space.
China's top tech firms, including Alibaba, Tencent, Baidu, NetEase, and, are developing their own versions of Open AI's AI-powered chatbot, ChatGPT
This shocking picture, showing how terrible is the results of the earthquake in Turkey
President Joe Biden delivered the 2023 State of the Union Address , in order to help Americans that missed the 2022 speech, do not have internet, and suffer from short memory.
The desk of King Carlos Alberto of Sardinia has many secret compartments
Today's news from Britain - 9th February 2023
The five largest oil companies in the West generated combined profits of nearly $200 billion in 2022, which has led to increased calls for governments to impose tougher windfall taxes
2 earthquakes in Turkey killed over 2,300 people
Powerful Earthquake Strikes Turkey and Syria, Killing More Than 1,300 People.
Turkish photographer Ugur Gallenkus portrays two different worlds within a single image. Brilliant work
Charlie Munger, calls for a ban on cryptocurrencies in the US, following China's lead
Shell reports highest profits in 115 years
EU found a way to use frozen Russian funds
First generation unopened iPhone set to fetch more than $50,000 at auction.
WARNING GRAPHIC CONTENT - US Memphis Police murdering innocent Tyre Nichols
Almost 30% of professionals say they've tried ChatGPT at work
Interpol seeks woman who ran elaborate exam cheating scam in Singapore
What is ChatGPT?
Bill Gates is ‘very optimistic’ about the future: ‘Better to be born 20 years from now...than any time in the past’