Riyadh - Sharikat Mubasher: Saudi Arabia’s Minister of Communication and Information Technology, Abdullah Alswaha, met with leaders of global technology giants on the sidelines of the FII PRIORITY Summit 2025 in Miami to reinforce the Kingdom’s position as a global technology hub.

The minister held separate meetings with Safra Catz, CEO of Oracle, and Masayoshi Son, CEO of SoftBank Group, to discuss strengthening partnerships in cloud computing, artificial intelligence (AI), innovation, and tech investment, highlighting their pivotal role in boosting the Kingdom’s digital economy.

Alswaha also met with Young Liu, Chairman of Hon Hai Technology Group, one of the world’s largest electronics manufacturers and leading technological solutions providers, to solidify collaboration in developing advanced components and AI-powered solutions to drive innovation in Saudi Arabia.

Additionally, the minister met with Tony Florence, CEO of New Enterprise Associates (NEA), to discuss supporting tech entrepreneurs and stimulating investment in startups in the Kingdom.

NEA is a global venture capital firm focused on helping entrepreneurs build transformational businesses across multiple stages, sectors, and geographies. It invests in technology and healthcare companies at all stages in a company’s lifecycle, from seed stage through IPO.

Moreover, Alswaha met with Robert Smith, CEO of Vista Equity Partners, to discuss strengthening partnerships in tech investment and asset management, empowering startups, and enhancing their role in advancing entrepreneurship in Saudi Arabia.

Supported by the Public Investment Fund (PIF), the FII PRIORITY Summit 2025 aimed to catalyze generating innovative business models, bold public policies, and actionable frameworks designed to supercharge global economic growth and prosperity.