# Saudi tech-event announcements total $293 million across deals and funds

_Thursday, September 3, 2026 at 4:33 PM EDT · Capital, Products · Latest · Tier 2 — Notable_

![Saudi tech-event announcements total $293 million across deals and funds — Primary](https://entarabi.com/wp-content/uploads/2026/09/LEAP2026-2.jpeg)

Saudi Arabia's Ministry of Communications and Information Technology announced 11 investment and technology deals and initiatives worth a combined $293 million on the third day of LEAP 2026 in Riyadh, according to EntArabi.

The announcements included about $126.15 million in technology-company funding rounds and investments, plus $166.7 million for investment funds. ULA Capital and Future Play announced a $100 million fund for deep-tech opportunities between Saudi Arabia and South Korea, while Impact46 expanded its SME financing fund from $26.7 million to $66.7 million.

## Sources

- [entarabi.com](https://entarabi.com/en/2026/09/293-million-in-investments-and-fund-announcements-on-day-three-of-leap-2026-as-x/)

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Retrieved: 2026-09-04T05:53:37.131Z
Publisher: Tech & Business (techandbusiness.org)