Category
🗞
NewsTranscript
00:00 Thank you for being here. Let's start with this invitation to Riyadh and organizing this conference this year.
00:09 What makes Riyadh the right destination to organize this exhibition and what are the plans for the coming years?
00:26 Yeah, so we decided to do Riyadh here in Saudi Arabia.
00:31 We decided to organize this conference in Riyadh in Saudi Arabia because the Saudi economy and the Saudi markets are attractive.
00:40 We have seen the size of the investments that the Kingdom is making and that it has become a better place for technology and the international market and business.
00:54 I think this is evident from what we saw yesterday in the main announcements, with the increase of 11 billion dollars in investments.
01:06 This is noteworthy because we noticed this in the announcements from AWS, ABM, ServiceNow, and there is no doubt that this is essential
01:16 because these companies decided to make these profitable investments in the Kingdom of Saudi Arabia, but it also encourages the executives to come to the Kingdom and make these announcements.
01:30 So Riyadh has become a better place in the Middle East to form a conference where the big personalities in the world of technology and the family of technology come to Riyadh and practice their business on the best level.
01:47 So Riyadh is the best place to organize this conference and there is no doubt that what awaits us in the coming days is more deals, more announcements, and more investments.
01:59 Yes, this is the third round now in Riyadh Annabel, so how can we talk about the process of development that has happened for the Leib conference over the past three years?
02:11 What are the differences that we have seen this year compared to the previous two years?
02:24 So the success story of Leib is absolutely incredible.
02:32 There is no doubt that this conference is the best conference and there is no doubt that the success of this year is the presence of a large number of investors, and this is great.
02:48 But in addition to the size of the event itself, we have noticed developments through the best social events.
02:57 For example, in the current time we have more than 1,100 speakers, and there is no doubt that this large group of speakers is essential in the presence of personalities from around the world to share ideas and abilities.
03:11 This is what the big executives of IBM and Zoom do, and we believe that this is only a stepping stone to the role of the Kingdom, because it is the best place for the presence of large companies.
03:23 And if we look at the investment portfolio, we have more than 1,600 investors here in this conference in Riyadh.
03:32 This is more than 1,100 of these investors who have come from all over the world to the Kingdom, in terms of small companies and startups.
03:46 We believe that this is the best evidence of the opportunities available in the Kingdom of Saudi Arabia and for investors to see these opportunities and to be able to invest in the big companies in the technology and AI sectors.
04:04 We can see that this size of progress is only expanding, and that these technologies and the size of this event is very large, and we have been able to achieve more than 1,100 investments, which is double what was recorded during the past year.
04:22 So the Kingdom of Saudi Arabia is the best place to do these things and to participate in the market events.
04:29 When we talk about investments, I am talking about more than $11.9 billion. What are the most important technical projects for these investments that have been able to support this size of investments this year?
04:52 As I mentioned, we have 1,160 investors.
04:59 We have a large portfolio of investors, and we have 1,100 of them at the international level.
05:07 We are noticing that there are many projects that have been able to attract investors, and we have seen how they show interest in investing.
05:19 We are seeing a large increase in the number of investors who want to enter the technology and AI sectors, and as we have seen, a significant increase in the capacity and the capacity of investors through smart cities.
05:35 I can say that the most prominent investment is in the smart cities and AI, and these are the activities and the main sectors that the investors show great interest in.
05:49 But we can also see that the most prominent investors are the companies that come to the Kingdom and look for opportunities and large projects in the Kingdom.
06:03 These projects can contribute to them and use their energy in them, and this is a good point to focus on investments.
06:13 Despite the presence of this huge number of investors who come and invest, their origin is not in this field.
06:23 Thank you, Annabel Mandar, the first deputy head of the Leib Organization Alliance for the third round of the Leib conference in Riyadh this year.