Apple and Amazon in talks to set up in Saudi...
Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, sources claim. The move is part of Crown Prince Mohammed bin Salman's push to give the conservative kingdom a high-tech look. A third source confirmed to Reuters that Apple was in talks with SAGIA, Saudi Arabia's foreign investment authority. Both companies already sell products in Saudi Arabia via third parties but they and other global tech giants have yet to establish a direct presence. Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, sources claim.
Dec-28-2017, 11:50:34 GMT
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