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.



Saudi Arabia Reiterates Need to Reach Just Solution to Palestinian-Israeli Conflict

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)
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Saudi Arabia Reiterates Need to Reach Just Solution to Palestinian-Israeli Conflict

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)

The Saudi government reiterated on Tuesday its welcoming of the International Court of Justice’s (ICJ) advisory opinion on Israel’s policies and practices in the occupied Palestinian territories and the court’s confirmation of the illegality of the Israeli presence in the territories over the past 57 years.

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the cabinet meeting that was held in Jeddah.

The government renewed the Kingdom’s position on the need for practical and credible steps to be taken to reach a just and comprehensive solution to the Palestinian-Israeli conflict according to the 2002 Arab peace initiative and international resolutions.

The cabinet was briefed on the telephone talks held between Prince Mohammed bin Salman, Crown Prince and Prime Minister, with French President Emmanuel Macron, Russian President Vladimir Putin and Iraqi Prime Minister Mohammed Shia al-Sudani.

The calls focused on joint relations and ways to boost and develop them.

The cabinet reviewed the latest regional and international developments and Saudi Arabia’s ongoing efforts to end the war on Gaza and support peace in Yemen to achieve regional security and stability.

It urged the international community, particularly active and influential parties, to assume its responsibilities and stop tensions in the region.

At the domestic level, the cabinet reviewed the latest economic developments and key indicators, including the stabilization of inflation in recent months due to the robustness of the Kingdom's economy and the effective measures and policies implemented to address the ramifications of rising global prices.