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Ministry of Communications and Information Technology, Saudi Arabia

Ministry of Communications and Information Technology, Saudi Arabia

Saudi Arabiamcit.gov.sa

Overview

A Saudi government ministry responsible for regulating and developing the communications and information technology (ICT) sector in Saudi Arabia. As part of Saudi Vision 2030, it actively fosters the digital economy by launching and managing large-scale initiatives and funding programs to support technology companies, enhance digital skills, and attract investment. The ministry's activities include providing funding support, facilitating access to investors, and launching specific programs like the National Technology Development Programme and the Technology Champions program to empower tech enterprises.

Portfolio Companies

4

Investments

Ministry of Communications and Information Technology, Saudi Arabia investments
CompanyDateStageLead
Reme-D Inc.Mar 2024GrantCo-investor
PlastusFeb 2023GrantCo-investor
OnExNov 2021AcceleratorCo-investor
Untap TechnologiesNov 2021AcceleratorCo-investor

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersSaudi Arabia
Year FoundedN/A

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