{"id":44937,"date":"2025-04-10T16:32:19","date_gmt":"2025-04-10T13:32:19","guid":{"rendered":"https:\/\/thesauditimes.net\/en\/?p=44937"},"modified":"2025-04-10T16:33:56","modified_gmt":"2025-04-10T13:33:56","slug":"lucidya-secures-sar-5-million-grant-from-saudi-arabias-national-technology-development-program","status":"publish","type":"post","link":"https:\/\/thesauditimes.net\/en\/lucidya-secures-sar-5-million-grant-from-saudi-arabias-national-technology-development-program\/","title":{"rendered":"Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.googleadservices.com\/pagead\/aclk?sa=L&amp;ai=DChcSEwj396mYyc2MAxVRk1AGHagCFjUYABABGgJkZw&amp;co=1&amp;gclid=Cj0KCQjw2N2_BhCAARIsAK4pEkUUF5Squundeu3MrziE2Q9RZZfKLh-Tj27r-nuyiIIYVzZQgD4ZbVcaAnPJEALw_wcB&amp;ohost=www.google.com&amp;cid=CAESVuD2UKpFizKT--sJvJflUoVp-RtIwg7T6lYcrkIJOUafquEbOYjZDj5zDxvuQHpcukUed4SQqgdEp4bcUOR3ijXYzlJKldT2T92zh_4aHmxe8YHH35Xj&amp;sig=AOD64_2yAGZ_DyLci7kDbQ2tfOjcV97rZg&amp;q&amp;adurl&amp;ved=2ahUKEwiB2aSYyc2MAxU4T0EAHSswLsgQ0Qx6BAgYEAE\">Lucidya<\/a>, the leading AI-powered customer experience management (CXM) platform in the Arab world, has secured a SAR 5 million (USD 1.3 million) grant from Saudi Arabia\u2019s National Technology Development Program (NTDP).<\/p>\n<p>This strategic milestone reinforces Lucidya\u2019s position as a front-runner in the rapidly expanding AI and CXM space, while accelerating its plans for regional market expansion.<\/p>\n<p>The NTDP, an initiative owned by Saudi Arabia\u2019s Ministry of Communications and Information Technology (MCIT), is designed to empower high-potential technology companies and fast-track Saudi Arabia\u2019s Vision 2030 goals.<\/p>\n<p>The SAR 5 million grant will enable Lucidya to scale operations, enhance its product offerings, and expand into new markets beyond the Kingdom.<\/p>\n<p>The grant announcement comes as MCIT launches the second phase of its Source Tech initiative.<\/p>\n<p>This program aims to advance Saudi Arabia\u2019s digital economy by further localizing application development, outsourcing, and communication services, positioning the Kingdom as a global hub for digital innovation.<\/p>\n<p>Ziyad Binsulaiman, Business Development Director at Lucidya, commented on the grant sharing, \u201cLucidya is positioned to accelerate its growth trajectory and contribute to Saudi Arabia\u2019s vision of becoming a global leader in technology and innovation by transforming how organizations manage customer experiences.<\/p>\n<p>We are honored to receive this grant, which will help us expand Lucidya\u2019s innovative solutions across new markets and elevate the region\u2019s CX standards.\u201d<\/p>\n<h3><\/h3>\n<figure id=\"attachment_44939\" aria-describedby=\"caption-attachment-44939\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"44939\" data-permalink=\"https:\/\/thesauditimes.net\/en\/lucidya-secures-sar-5-million-grant-from-saudi-arabias-national-technology-development-program\/lucidya-secures-sar-5-million-grant-from-saudi-arabias-national-technology-development-program\/\" data-orig-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/Lucidya-Secures-SAR-5-Million-Grant-from-Saudi-Arabias-National-Technology-Development-Program.png\" data-orig-size=\"1024,683\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program\" data-image-description=\"&lt;p&gt;Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program&lt;\/p&gt;\n\" data-large-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/Lucidya-Secures-SAR-5-Million-Grant-from-Saudi-Arabias-National-Technology-Development-Program.png\" class=\"size-full wp-image-44939\" src=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/Lucidya-Secures-SAR-5-Million-Grant-from-Saudi-Arabias-National-Technology-Development-Program.png\" alt=\"Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program\" width=\"1024\" height=\"683\" srcset=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/Lucidya-Secures-SAR-5-Million-Grant-from-Saudi-Arabias-National-Technology-Development-Program.png 1024w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/Lucidya-Secures-SAR-5-Million-Grant-from-Saudi-Arabias-National-Technology-Development-Program-300x200.png 300w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/Lucidya-Secures-SAR-5-Million-Grant-from-Saudi-Arabias-National-Technology-Development-Program-768x512.png 768w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/Lucidya-Secures-SAR-5-Million-Grant-from-Saudi-Arabias-National-Technology-Development-Program-600x400.png 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-44939\" class=\"wp-caption-text\">Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program<\/figcaption><\/figure>\n<h3>About Lucidya<\/h3>\n<p>Lucidya is a fully compliant, AI-powered unified customer experience platform (CXM) designed to support CX and marketing leaders in large enterprises, governments, and SMEs across the Arab world.<\/p>\n<p>Through the power of AI, Lucidya enables organizations to turn raw data into meaningful interactions and actionable insights, allowing them to build human connections and drive real business impact, safely and securely.<\/p>\n<p>&nbsp;<\/p>\n<h3>About NTDP<\/h3>\n<p>The National Technology Development Program (NTDP) is a key national initiative aimed at advancing the Kingdom\u2019s technology ecosystem.<\/p>\n<p>Through targeted interventions and funding programs such as the Bridge Fund, NTDP empowers high-growth companies and fosters an environment that supports innovation, investment, and sustainable market development\u2014helping position Saudi Arabia as a regional hub for technological excellence.<\/p>\n<p>Also Read: <a href=\"https:\/\/thesauditimes.net\/en\/saudi-capital-market-authority-approves-flynas-ipo-of-30-shares\/\">Saudi Capital Market Authority Approves Flynas\u2019 IPO of 30% Shares<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Lucidya, the leading AI-powered customer experience management (CXM) platform in the Arab world, has secured a SAR 5 million (USD 1.3 million) grant from Saudi Arabia\u2019s National Technology Development Program (NTDP). This strategic milestone reinforces Lucidya\u2019s position as a front-runner in the rapidly expanding AI and CXM space, while accelerating its plans for regional market expansion. The NTDP, an initiative owned by Saudi Arabia\u2019s Ministry of Communications and Information Technology (MCIT), is designed to empower high-potential technology companies and fast-track Saudi Arabia\u2019s Vision 2030 goals. The SAR 5 million grant will enable Lucidya to scale operations, enhance its product<\/p>\n","protected":false},"author":1,"featured_media":44938,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"Lucidya Secures SAR 5 Million","_yoast_wpseo_metadesc":"Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program .. Lucidya, the leading AI-powered","om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[260],"tags":[],"class_list":["post-44937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-and-economics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program - The Saudi Times<\/title>\n<meta name=\"description\" content=\"Lucidya Secures SAR 5 Million Grant from Saudi Arabia\u2019s National Technology Development Program .. 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