Tech, talent and trillions: LEAP East delivers a powerful Hong Kong Debut
The Inaugural edition drew 25,000 attendees, attracted investors managing more than $6.5tn in assets and secured a three-year commitment to keep the event in Hong Kong
01 September, 2026
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The inaugural edition of LEAP East concluded in Hong Kong after three days of discussions, investment announcements and partnership agreements, reinforcing the city’s position as a growing bridge between Asia and the Gulf for technology, innovation and cross-border investment.
Held from July 8-10 at the Hong Kong Convention and Exhibition Centre, LEAP East brought together more than 25,000 attendees, including 340 speakers, 450 exhibitors, 300 startups and 600 investors representing more than $6.5tn in assets under management.
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The event marked LEAP’s first expansion outside Saudi Arabia, building on the success of the Riyadh technology conference, which has become one of the world’s largest technology gatherings since its launch in 2022. Organised by Tahaluf in partnership with Hong Kong’s Innovation, Technology and Industry Bureau (ITIB), LEAP East served as a platform to connect governments, investors, technology companies and entrepreneurs from Asia, the Middle East and international markets. Discussions centred on artificial intelligence, digital infrastructure, smart cities, fintech, healthcare, sustainability and emerging technologies, reflecting growing demand for cross-border technology collaboration.

Governments reinforce technology ties
The event opened with senior government leaders from Saudi Arabia and Hong Kong underscoring their commitment to strengthening innovation and investment ties between the two regions.
Saudi Arabia’s Minister of Communications and Information Technology, Abdullah Alswaha, highlighted Asia’s growing role in the global technology economy, noting the region’s $34tn in economic activity and leadership in artificial intelligence.
Hong Kong Financial Secretary Paul Chan emphasised the complementary strengths of both markets.
“Both of us are gateways to our respective regions. There is enormous potential for Hong Kong and Saudi Arabia to do more together, connecting ideas, capital and opportunities across regions and cultures,” Chan said.
Hong Kong’s Secretary for Innovation, Technology and Industry, Professor Sun Dong, highlighted the Hong Kong SAR Government’s continued investment in innovation, noting that the city’s startup ecosystem has expanded by nearly 40 per cent since 2021 to more than 5,200 startups in 2025.
“Saudi Arabia’s Vision 2030 has opened extraordinary opportunities for technological development, digital transformation, and new industries. Hong Kong is well-positioned to serve as a super-connector and facilitator for international exchange,” Sun said.

Partnerships and investment momentum
Commercial partnerships emerged as a key outcome of the event, with Saudi digital solutions company Elm announcing a strategic partnership with Huawei to strengthen cooperation across artificial intelligence, smart city applications, IT infrastructure and technology-driven operational support.
Majid bin Saad Al Oraifi, vice president of Strategic Relations at Elm, said the agreement reflected
the company’s strategy to deepen its presence in Asia while expanding Saudi digital innovation into international markets.
The event also highlighted accelerating commercial ties between Asia and Saudi Arabia, with Saudi companies, startups and investment organisations showcasing technologies while exploring opportunities across Asian markets. Participants included Invest Saudi, Aramco Digital, Made in Saudi and investment organisations such as HUMAIN, PIF and 500 Global.
Amal Dokhan, managing partner for MENA at 500 Global, said investors were increasingly seeking founders capable of building globally scalable businesses.
“The Asia-Middle East corridor is becoming one of the most exciting pathways for the next generation of globally relevant startups,” she said.
The growing relationship was also reflected in Asian companies expanding into Saudi Arabia. Hong Kong-listed technology company Newborn Town highlighted its decision to establish a regional headquarters in Riyadh, citing Saudi Arabia’s long-term growth potential and expanding digital economy.
Hong Kong secures long-term hosting rights
One of the event’s most significant announcements came at its conclusion, when ITIB, the Hong Kong Tourism Board and Tahaluf agreed to a three-year strategic partnership that secures Hong Kong as LEAP East’s exclusive Asian host city through 2029, with the next edition scheduled for December 2027.
Professor Sun said the partnership would strengthen Hong Kong’s role as a two-way platform connecting mainland Chinese enterprises with Saudi and Middle Eastern companies while creating new opportunities for international collaboration.
Dr Peter Lam, chairman of the Hong Kong Tourism Board, said the agreement demonstrated international confidence in Hong Kong as both an innovation hub and a global meeting destination.
Meanwhile, LEAP East’s Rocket Fuel startup competition awarded $100,000 in equity-free funding to three emerging companies. Finland’s ROTOBOOST claimed the top prize, followed by Saudi Arabia’s Uvera Inc and Hong Kong’s Meinong Robot, with the competition showcasing innovations spanning energy, agriculture and advanced manufacturing.
Annabelle Mander, executive vice president of Tahaluf, said the inaugural edition had exceeded expectations. “The scale of engagement, quality of conversations and level of investment interest underline Hong Kong’s strategic importance as a bridge between Asia and the Middle East. The partnerships and investment commitments announced this week reflect the real business outcomes generated by the event,” she said.
For Tahaluf, the strategic alliance between Informa PLC, the Saudi Federation for Cybersecurity, Programming and Drones and the Events Investment Fund, LEAP East represents the international expansion of a Saudi-born technology platform that has announced $44.8bn in investments since 2022. Its Hong Kong debut signalled a new chapter in connecting capital, innovation and technology ecosystems across Asia and the Gulf, while positioning the city as a long-term hub for cross-border partnerships and investment.























