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 ...

The recent launch of Alat is intended to catalyse Saudi Arabia’s transformation and attract global companies to set up sustainable manufacturing solutions, making the country a world-class hub ...

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 ...

For Saudis, every anniversary of the pledge of allegiance has become synonymous with new reforms and unprecedented ...

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 ...

(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 TK ...