Board of Directors of Alat Company Appoints Amit Midha as CEO

Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Saudi Crown Prince, Prime Minister and Chairman of the Board of Directors of the Public Investment Fund (PIF). (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Saudi Crown Prince, Prime Minister and Chairman of the Board of Directors of the Public Investment Fund (PIF). (SPA)
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Board of Directors of Alat Company Appoints Amit Midha as CEO

Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Saudi Crown Prince, Prime Minister and Chairman of the Board of Directors of the Public Investment Fund (PIF). (SPA)
Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Saudi Crown Prince, Prime Minister and Chairman of the Board of Directors of the Public Investment Fund (PIF). (SPA)

The Board of Directors of Alat, chaired by Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Saudi Crown Prince, Prime Minister and Chairman of the Board of Directors of the Public Investment Fund (PIF), announced Amit Midha as its global CEO.

Amit Midha is a global business leader who has built and transformed businesses in leadership roles across the globe, including China, the US, India, and Singapore. He joined Alat from Dell Technologies, where he was responsible for Dell's growth in Asia Pacific and Japan, overseeing a multi-billion-dollar business spanning more than 40 countries.

Alat aims to enhance the capabilities of the technological sector, benefiting from the rapid development of this sector in Saudi Arabia, which will increase the nation's ability to create investment opportunities. The company will empower the private sector and enhance the commercial environment through its business systems and partnerships with leading international technology manufacturers.

Midha said: “Alat's mandate is to transform the global electronics and advanced industrial industries by creating a sustainable manufacturing hub leveraging the Kingdom's solar, wind, and green hydrogen clean energy. We will passionately use technology to transform business by leveraging cutting-edge AI technology and Industry 4.0 best practices for manufacturing.”

“We will enable the realignment of practices and approaches to embrace sustainability and efficiency. This is not only using clean energy but also applying sustainability measures to all our operations, buildings, logistics, and supply chains, with sustainability at the core of everything we do,” he added.

Alat will focus on transforming global industries, electronics and advanced industries and creating a world-class manufacturing hub in the Kingdom. The company will deliver sustainable manufacturing to help international companies reduce emissions and move towards carbon-zero manufacturing.

It will deliver its mandate by partnering with the world's leading corporations to innovate and transform industries, with a commitment to and focus on using clean energy.

The name Alat is derived from the word “machines” and is relevant to manufacturing, electronics, and industries. Rooted in Arabic, the Alat logo and wordmark feature traditional Salmani architecture references with modern design elements, positioning the brand as contemporary for the next generation.



UAE Categorically Denies Reports Alleging the Transfer of Funds to Iran

A view of the UAE capital, Abu Dhabi. (WAM)
A view of the UAE capital, Abu Dhabi. (WAM)
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UAE Categorically Denies Reports Alleging the Transfer of Funds to Iran

A view of the UAE capital, Abu Dhabi. (WAM)
A view of the UAE capital, Abu Dhabi. (WAM)

The United Arab Emirates categorically denied on Friday media reports alleging the transfer of funds from the UAE to Iran, including allegations concerning USD 3 billion.

In a statement, the Ministry of Foreign Affairs affirmed that these allegations are “entirely false and unfounded”, stressing that “no frozen Iranian funds have been released, transferred, or facilitated through the UAE.”

The Ministry called on media outlets “to exercise accuracy, rely on official sources, and refrain from publishing or circulating unverified information and unfounded allegations,” reported the UAE's state news agency WAM.


Saudi Referee Abdullah Al-Shehri Calls 2026 World Cup Selection an ‘Exceptional’ Milestone

Saudi referee Abdullah Al-Shehri. (SPA)
Saudi referee Abdullah Al-Shehri. (SPA)
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Saudi Referee Abdullah Al-Shehri Calls 2026 World Cup Selection an ‘Exceptional’ Milestone

Saudi referee Abdullah Al-Shehri. (SPA)
Saudi referee Abdullah Al-Shehri. (SPA)

Saudi referee Abdullah Al-Shehri described his selection to officiate at the 2026 FIFA World Cup as an “exceptional” career milestone, expressing deep pride in representing the Kingdom among the world's elite officials at football's premier global tournament.

Al-Shehri told the Saudi Press Agency (SPA) that the selection not merely as a personal triumph, but as the culmination of years of hard work, sacrifice, and continuous support.

"Participating in this tournament means a great deal to me. As a Saudi citizen, it is a tremendous honor to be present and represent the Kingdom among the world's best referees," Al-Shehri said.

"This is a great honor and a huge responsibility, and I am committed to representing my country to the best of my ability," he added.

He hoped that his participation will serve as a powerful motivation for the next generation of Saudi referees striving to reach international tournaments.

Commenting on the rigorous demands of the global stage, Al-Shehri stressed that World Cup officiating requires peak physical and mental readiness.

He credited his foundational training at the AFC Referees Academy for providing the confidence and skill development necessary to compete at the highest level of the sport.


Saudi FM Receives French President's Adviser, Holds Phone Call with Portuguese Counterpart

Prince Faisal bin Farhan, Saudi Foreign Minister (Asharq Al-Awsat)
Prince Faisal bin Farhan, Saudi Foreign Minister (Asharq Al-Awsat)
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Saudi FM Receives French President's Adviser, Holds Phone Call with Portuguese Counterpart

Prince Faisal bin Farhan, Saudi Foreign Minister (Asharq Al-Awsat)
Prince Faisal bin Farhan, Saudi Foreign Minister (Asharq Al-Awsat)

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received Dora Cattuti, the Adviser to the French President for the Middle East and North Africa, in Riyadh on Thursday, the Saudi Press Agency reported.

The two officials reviewed bilateral relations between their countries, regional developments, and issues of mutual interest.

The Saudi FM also held a phone call with Portuguese Minister of State and Foreign Affairs Paulo Rangel.

During the call, Prince Faisal congratulated Rangel on Portugal's election as a non-permanent member of the United Nations Security Council for the 2027-2028 term.

He expressed his aspiration to strengthen coordination and cooperation between the two countries in a manner that contributes to regional and international security and stability.

The two ministers also discussed regional developments and issues of mutual interest.