Sponsored by

Saudi Aramco, Saudi Information Technology Company to form venture to invest in tech sector

 Saudi Aramco, Saudi Information Technology Company to form venture to invest in tech sector

DUBAI (Reuters) - Saudi Aramco and the Saudi Information Technology Company signed an agreement to set up a joint venture firm that will develop a platform to invest in high potential growth companies in the information, communication, and technology sector, Aramco said on Tuesday.

The target market for the firm will be Saudi Arabia and the GCC countries, the statement said.

(Reporting by Hadeel Al Sayegh; Editing by Adrian Croft)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Your guide to the latest election news, analysis, commentary, live updates and schedule for Lok Sabha Elections 2019 on firstpost.com/elections. Follow us on Twitter and Instagram or like our Facebook page for updates from all 543 constituencies for the upcoming general elections.

Updated Date: Dec 19, 2018 01:05:15 IST

Also See