The Saudi Fund for Development (SFD) participated in a high-level roundtable on the sidelines of LEAP26, focusing on the role of investment, partnerships, and innovation in accelerating the growth of the digital economy.
The roundtable, titled “Scaling the Digital Economy: Mobilizing Capital, Partnerships and Innovation for Growth,” was hosted by Elm in collaboration with the Digital Cooperation Organization (DCO) and the World Bank.
SFD Director General for Development Affairs, Eng. Bandar Al-Bazai, took part in the session “Financing the Foundations of Digital Economies,” where he highlighted the importance of digital transformation in supporting sustainable and inclusive development.
Discussions emphasized the growing role of artificial intelligence, smart infrastructure, capacity building, and strategic partnerships in building resilient digital economies and creating new opportunities for economic and social development.
Al-Bazai underscored the importance of mobilizing financial resources and strengthening cooperation among governments, development institutions, the private sector, and technology stakeholders to support digital transformation.
The participation of SFD at the roundtable reflects the Fund’s broader focus on supporting development initiatives that leverage innovation and technology to advance sustainable development and strengthen economic resilience.
The discussions at LEAP26 also highlighted the need for coordinated efforts to expand access to digital infrastructure, develop human capital, and create an enabling environment for innovation and investment in the digital economy.


