Wadi Al-Riyadh Technology was established as an investment entity that draws on the expertise of King Saud University and its knowledge capabilities in enhancing the economy, developing and transferring technology, and Saudization of the available jobs in the technical and knowledge fields. Wadi Al-Riyadh Technology serves as a center for encouraging scientific research, investing creativity and innovation, attracting national talents and employing them in the various technological, service, knowledge and other vital fields in order to achieve sustainable development and build a modern knowledge environment.
The General Retirement Corporation (Al-Raidah Investment Company) has obtained license No. 1/KHT to establish Al-Raidah Digital City on 1/7/1427H as a technical zone that works on developing the telecommunication and technology sector according to MODON system and requirements in order to set up technological zones with the highest international specifications and standards.
Wadi Makkah Technological Complex Company obtained the development license No. 6/KHTon 28/12/1438H.
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