The Saudi Ministry of Investment, the strategic sponsor and investment partner of the fourth edition of Black Hat Middle East and Africa 2025, announced a package of high-quality investments in the cybersecurity sector, reported the Saudi Press Agency on Wednesday.
The announcement came during the event, organized by the Saudi Federation for Cybersecurity, Programming, and Drones at the Riyadh Exhibition and Convention Center in Malham from December 2 to 4, with the participation of leading global companies and cybersecurity innovators, as well as senior officials and experts from the public and private sectors.
During its participation, the ministry revealed a series of new investments by leading international and local companies in the field of cybersecurity, including the opening of regional headquarters, the establishment of operational branches, the signing of exclusive partnerships, and expansion into external markets.
The total value of these investments exceeded SAR500 million, underscoring the attractiveness of the Kingdom’s investment environment and the strength of its technological and cybersecurity ecosystem.
The ministry’s participation in this international event comes as an extension of its efforts to attract high-quality investments, launch enabling initiatives, and support the expansion of Saudi investments abroad, in addition to boosting the growth of the cybersecurity sector as one of the promising technology sectors, which aligns with the objectives of the Saudi Vision 2030 to advance the digital economy and enhance the Kingdom’s competitiveness and technological readiness.