Gulf Capital announced today that it has signed an agreement with the Saudi Research Development and Innovation Authority (RDIA) to deploy over US$100 million into the Saudi technology and innovation sector over the next five years. The Letter of Intent (LoI) was signed in Riyadh by Dr Rami Niazi, Vice Governor of Strategy at the Saudi Research Development and Innovation
Alat, an innovative company powered by Saudi wealth fund PIF, has partnered with intelligent energy solutions leader Carrier for the development of a cutting-edge manufacturing and R&D unit in the kingdom aimed at decarbonising emissions in buildings.
Alat, a unit of Saudi wealth fund PIF, has sealed partnership with four international technology companies in a deal that will see the firm deliver sustainable manufacturing to help these firms cut emissions and move towards carbon zero manufacturing.
Saudi PIF-backed Alat signs global pacts to boost technology manufacturing thenationalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationalnews.com Daily Mail and Mail on Sunday newspapers.