Chinese technology giant Lenovo Group broke ground on a new manufacturing facility in Riyadh, Saudi Arabia. It is in collaboration with Alat, a conglomerate owned by the Saudi Public Investment ...

Riyadh has invited the world’s governments and technology companies to its Global AI Summit from Sept. 10-12. Having launched ...

This JV is strategically positioned to meet the growing demand for mobility solutions within Saudi Arabia's ambitious giga-projects and other large-scale developments throughout the region. "Alat ...

Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in Germany's TK Elevator and unveiled a 160 million euros ($166.62 million) joint venture for elevators and escalator ...

(Bloomberg) -- 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 ...

(This Feb. 24 story has been corrected to say 160 million euros, not $160 million, in paragraph 1) (Reuters) - Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in Germany's ...

Saudi Arabia’s new advanced industries firm Alat has bought a 15% stake in Germany’s TK Elevator and unveiled a 160 million euros ($166.62 million) joint venture for elevators and escalator ...