#ALat

Lenovo to issue $2bn in convertible bond to Alat

China’s Lenovo to issue $2bn in convertible bond to PIF-backed Alat

The personal computer and AI server maker plans to build a research and development centre in Riyadh as part of the deal

Alat unveils two business units in manufacturing push

Saudi Arabia’s Alat unveils electrification, AI Infrastructure business units

The firm plans to invest $100bn by 2030 to develop key partnerships and build advanced manufacturing capabilities

Building a Saudi Arabian Silicon Oasis

PIF-owned Alat aims to create a world-class manufacturing electronics hub in the heart of Saudi Arabia

Amit Midha, Global CEO of Alat

Amit Midha to lead PIF-owned Alat as global CEO

Midha, a seasoned business leader with experience across Asia, the US, India, and Singapore, joins Alat from Dell Technologies

PIF launches ALAT a tech firm getty images

Alat: PIF’s new advanced tech firm to drive economic shift

Alat aims to create 39,000 direct jobs in Saudi Arabia by 2030, and achieve a direct non-oil GDP contribution of $9.3bn by the same year