Launch of the «Digital District» in Riyadh to Make the Capital One of the Top 10 Tech Hubs in the World

An initiative aimed at attracting global companies and technical talent in six sectors and strengthening the digital economy as part of the Vision 2030 objectives.

Al-Riyadh

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The Board of Directors of the Royal Commission for Riyadh City announced the launch of the “Digital District in Riyadh”, which is one of its most important strategic initiatives aimed at making the capital a global center for technical talent and digital creativity. It aims to attract global technical talent and establish an international center that combines talent and entrepreneurship, in order to build a robust knowledge economy based on digital leadership and technological innovation.

The Riyadh Digital District focuses on attracting companies and technical talent specializing in six key areas: artificial intelligence and big data, cybersecurity, cloud computing and services, the Internet of Things , blockchain technology, and robotics and drones.
These six areas account for the vast majority of total global investments in technology innovation companies, underscoring their pivotal importance in driving future growth and development.
The “Digital District in Riyadh” is a developmental concept that focuses on building an integrated digital business environment within the city of Riyadh to incubate companies, talents and technology investments, and to support the growth of the digital economy in the capital.

On this occasion, His Excellency the Minister of State, Member of the Council of Ministers, and CEO of the Royal Commission for Riyadh City, Engineer Ibrahim bin Mohammed Al-Sultan, expressed his thanks and gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Board of Directors of the Royal Commission for Riyadh City - may God protect them - for the generous support and care that the Commission’s projects receive.
He said, “This unique initiative encourages making Riyadh a global destination for talent, global technology companies, and digital entrepreneurship; and aims to make the city one of the top ten technology regions in the world.”

His Excellency added: “This step reflects the keenness and care of the wise leadership - may God protect it - to move the capital towards global leadership horizons in promising future sectors, in order to achieve the goals of Saudi Vision 2030 in building and developing a diversified and prosperous economy that depends on digital leadership and technological innovation, and to enhance the Kingdom’s role in digital transformation, and to embrace digital initiatives that stimulate creativity and anticipate the future.”