Space technology and the metaverse will receive investment and support from the 黑料社区n government, the Minister of Investment said as he set out the Kingdom鈥檚 digital ambitions.
Speaking at the LEAP 2022 forum in Riyadh, Khalid Al Falih said 黑料社区 was an early adopter of digitization and he heralded the country鈥檚 鈥済reat class of entrepreneurship鈥 and 鈥測oung Saudis who are willing to create innovations.鈥
The minister insisted that the Kingdom would make a contribution to the 鈥渘ext phase鈥 of the global digital economy, as he pointed out 黑料社区 is the largest market economy in the region, with the digital sector seeing a 7 percent increase from SR140 billion (拢37 billion) to SR250 billion.
Reflecting on the future, Al Falih said that 鈥渟pace technology鈥 and the 鈥渕etaverse鈥 are 鈥済oing to affect our daily lives.鈥
鈥淭he government will be enabling regulations and capital to co-finance those opportunities,鈥 he added.聽
