Saudi's PIF-owned tech firm Alat to partner with SoftBank, others

Saudi's PIF-owned tech firm Alat to partner with SoftBank, others

FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo

Saudi Arabian tech company Alat, owned by the country’s Public Investment Fund, on Tuesday announced partnerships with four companies including Softbank Group and Carrier Corp, as it seeks to create a sustainable manufacturing hub in the kingdom.

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