UNLOCKING MENA'S CAPITAL CONTINUUM: PART III. HOW SAUDI STARTUP20 IS UNITING G20 NATIONS FOR GLOBAL OPPORTUNITIES

In a discussion about Saudi Arabia's innovation ecosystem, the focus is on the NEOM Investment Fund's strategy to foster technology adoption and innovation. NEOM is envisioned as a future city, integrating various technologies across its 15 economic sectors, including energy, food, and media. The fund invests in both local and international startups, emphasizing sustainable innovation and mobility solutions like hydrogen-powered engines and electric sea gliders. Partnerships with global entities, such as a joint venture with Pony AI for robo-taxis, are highlighted as part of NEOM's efforts to create a sustainable and technologically advanced environment. The discussion also touches on the role of Startup20 in connecting ecosystems and fostering bilateral VC funds with G20 countries to support emerging markets. NEOM's commitment to sustainability is further exemplified by its green hydrogen project, the largest of its kind globally.