Saudi Arabia’s foreign exchange reserves fell slightly by 2% in December


RIYADH: Etihad Etisalat, known as Mobily, has announced that it will launch a range of innovative and disruptive digital solutions at LEAP22, the tech event scheduled to take place in Riyadh in February.

Mobily’s announcements will relate to the Internet of Things, artificial intelligence, smart cities, smart healthcare systems and others, it said in a statement.

“LEAP is a turning point in the Kingdom’s journey towards digital transformation, elevating its position at the forefront of global players developing and empowering the latest technologies shaping the future of our world,” said Mobily CEO , Eng. Salman Al Badran. “As the Kingdom moves towards a leading digital economy, Mobily seeks to provide individuals and businesses with the tools they need to unlock opportunities and pursue their ambitions.”

“At Mobily, we are persistently contributing to the achievement of Vision 2030 by providing advanced telecommunications services and digital solutions that help turn the Kingdom’s digitization ambitions into reality,” he said.

Leap will be held in Riyadh from February 1-3, 2022.

Saudi Arabia has embraced the technology as a means of reducing the economy’s dependence on hydrocarbons.

In August, billion-dollar initiatives aimed at improving digital skills in the Kingdom were unveiled under the name Launch. Among the goals is an ambition to train one in 100 Saudis to become programmers, and the creation of 25,000 jobs in data science and AI by 2030.

Saudi Arabia has also attracted the Middle East’s first Apple Developer Academy, which will initially focus on female coders.

LEAP will host 700 start-ups and offer a multitude of keynotes, workshops and assemblies on topics ranging from smart cities to space and satellites, health technologies and the energy of the future.

The LEAP Forward stage will address issues related to the most important future technologies, including autonomous vehicles and AI, exosuits, nanorobotics, augmented reality and bionics.

International speakers include Raghu Raghuram, CEO of cloud computing giant VMware, Börje Ekholm, Chairman and CEO of Ericsson, and Dr. Saket Kumar, Chief Data Scientist for Global Premium Services at Google. Regional speakers include Manar Al-Moneef, Regional CEO of GE Renewable Energy, and Ghinwa Baradhi, Chief Information Officer of HSBC Middle East and North Africa.

A total of 450 speakers and 40,000 visitors are expected at the event.

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