Saudi Arabia launches major cybersecurity investment package at Black Hat 2025

04/12/2025 06:41 AST

Saudi Arabia's Ministry of Investment has unveiled over SR500 million ($133 million) in new cybersecurity investments, reinforcing the Kingdom's supportive investment climate, startup growth, and digital ambitions.

The ministry, the strategic sponsor and investment partner of the fourth edition of Black Hat Middle East and Africa 2025, announced a series of high-value investments during the event, held by the Saudi Federation for Cybersecurity, Programming and Drones at the Riyadh Exhibition and Convention Center in Malham from Dec. 2 to 4.

The event brought together leading global companies, cybersecurity innovators, and senior officials and experts from both the public and private sectors.

The ministry's leadership joined panel discussions on key cybersecurity developments, future investment prospects amid global technological growth, and opportunities for specialized startups in Saudi and regional markets.

During its participation, the ministry unveiled a range of investments by leading international and local cybersecurity firms, including the opening of regional headquarters, the establishment of operational branches, the signing of exclusive partnerships, and expansion into overseas markets.

These initiatives underscore the Kingdom's attractive investment environment and robust technological and cybersecurity ecosystem.

The ministry's presence at the international event reflects ongoing efforts to attract high-value investments, launch enabling initiatives, support Saudi investments abroad, and drive growth in the cybersecurity sector as a key emerging technology field.

These efforts align with Saudi Arabia's Vision 2030 objectives to advance the digital economy, enhance competitiveness, and strengthen the Kingdom's technological readiness.

Arab News