RIYADH, Feb 20 (Reuters) - A subsidiary of Saudi Arabia's sovereign wealth fund with ambitions to develop sophisticated technology on Tuesday announced a $200 million partnership with a Chinese ...

Saudi AI firm Alat would divest from China if the US requests it, CEO Amit Midha told Bloomberg. Saudi Arabia has been pouring billions into AI and semiconductor initiatives in an attempt to become a ...

Saudi Arabia’s new US$100 billion investment firm announced a string of deals Tuesday, including partnerships with SoftBank Group and a Chinese surveillance equipment maker to set up local ...

The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US. “So far the ...

Alat is entering into four global partnerships in line with its strategic goals Also In This Package Scent of success: Taif women turning roses into gold Beyond the desert: Alqan's unique landscape ...

Alat, a unit of Saudi Arabia’s sovereign wealth fund, has bought 15% of TK Elevator and unveiled a joint venture that will make escalators and moving walkways, as the kingdom looks to boost domestic ...

Saudi Arabian tech company Alat, owned by the Public Investment Fund (PIF), is set to invest $100 billion by 2030 and has partnered with top global firms to boost the country’s tech sector. The new ...

Saudi Arabia is emerging on the global stage as a new force in so many different areas including sport, tourism, aviation and more, driven by the Vision 2030 transformation program. Now, with its ...

PIF-owned sustainable technology manufacturing firm, Alat, is planning SAR 375 billion investments by 2030 to transform the Saudi industrial sector, under the National Industrial Strategy. Abdulaziz ...

Alat, a unit of Saudi sovereign wealth fund PIF, and TK Elevator (TKE), a global leader in vertical transportation and urban mobility, today (August 5) confirmed receipt of all statutory and ...