Amazon and Apple in talks to invest directly into Saudi Arabia:
"Global technology groups Apple and Amazon are close to unveiling plans to invest directly into Saudi Arabia as the kingdom seeks to pull itself out of an economic recession and diversify away from oil.
Both companies have been in talks with the government for more than a year, people briefed on the discussion said. Deals for Apple to establish flagship retail outlets and for Amazon to expand cloud-computing services could be announced as soon as the first quarter of next year, they said.
Apple and Amazon declined to comment."
'via Blog this'
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