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 Approves over SAR 3 Billion in Ramadan Aid for Social Security Beneficiaries

Joint photo of King Salman bin Abdulaziz Al-Saud and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud - File Photo
Joint photo of King Salman bin Abdulaziz Al-Saud and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud - File Photo
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Saudi Arabia Approves over SAR 3 Billion in Ramadan Aid for Social Security Beneficiaries

Joint photo of King Salman bin Abdulaziz Al-Saud and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud - File Photo
Joint photo of King Salman bin Abdulaziz Al-Saud and Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al-Saud - File Photo

Saudi Arabia has approved a grant to allocate over SAR 30 billion in Ramadan aid for social security beneficiaries.

The grant has been approved at the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and based on the proposal of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, the Saudi Press Agency said on Tuesday.

This initiative reflects the Saudi leadership's commitment to addressing the needs of families in need and ensuring their essential requirements during the holy month of Ramadan.

This support aligns with the efforts of the Custodian of the Two Holy Mosques and the Crown Prince to enhance the quality of life and improve living standards for social security beneficiaries, especially during the holy month of Ramadan.

Minister of Human Resources and Social Development, Ahmed Al-Rajhi, expressed his appreciation to the Custodian of the Two Holy Mosques and the Crown Prince for this generous initiative.

He emphasized that it reflects the leadership's commitment to supporting citizens and ensuring them a dignified life.