The latest record of Saudi ICT deals showcases substantial capital commitments into cloud computing and artificial intelligence infrastructure across the Kingdom. During week 36 of 2026, technology leaders and government entities confirmed multiple initiatives valued in the tens of billions of dollars.
Overview of Saudi ICT deals
International technology enterprises expanded their direct investments in Saudi Arabia. Major announcements focused heavily on high-performance computing, generative models, and digital workforce training. Consequently, these developments mark a significant acceleration in sovereign tech sector expansion.
Funding and Investment
Saudi Arabia opened the fifth edition of LEAP 2026 with over $15 billion in technology investments and strategic partnerships, according to reporting by Telecom Review.
The Kingdom announced technology investments exceeding $15 billion at LEAP 2026 to strengthen leadership in artificial intelligence and emerging technologies, as detailed by وكالة الأنباء السعودية.
Amazon announced a $10.3 billion investment in artificial intelligence within Saudi Arabia, as reported by الشرق بلومبرغ.
AMD committed to a $10 billion investment plan in Saudi Arabia to support digital transformation and advanced technology sector development, according to العربية.
In addition, AMD committed $10 billion to expand semiconductor and computing operations aligned with Vision 2030, per معلومات مباشر.
Amazon also invested $5.3 billion in Saudi Arabia to expand cloud and technology operations under Vision 2030 initiatives, as reported by 24/7 Wall St..
HUMAIN and AWS announced a $5 billion joint investment in the AWS HUMAIN AI Zone to accelerate AI infrastructure in the Kingdom, confirmed by X @LEAPandInnovate.
Adobe announced a $4 billion investment in AI rollout across Saudi Arabia to deliver enterprise solutions, according to simplywall.st.
Deals and Contracts
Saudi Arabia announced $15 billion in technology deals and launched an Arabic AI model at LEAP, reported by Dealroom.
AMD and a Saudi Public Investment Fund subsidiary established a $10 billion joint venture to build AI infrastructure, according to TradingView.
Adobe launched free AI tools for Saudi users as part of a $4 billion regional initiative, stated The Daily Star.
The company confirmed a USD 4 billion deal to provide free access to AI tools for sector expansion, per The Express Tribune.
Furthermore, Adobe signed a USD 4 billion partnership with Saudi Arabia for creative tools under Vision 2030, noted waya.media.
Policy and Regulation
Saudi Arabia announced that its digital economy exceeded 522 billion riyals under government leadership, according to صحيفة الراية الإلكترونية. Meanwhile, market analysts continue monitoring recent Saudi ICT deals as capital deployment progresses.
Saudi Arabia announced a $4 billion initiative to give 27 million people free access to Adobe AI tools for technical skills, reported by Arabian Business. These recorded Saudi ICT deals highlight substantial expansion across national tech sectors.
