The Saudi Information Technology company, affiliated with the Public Investment Fund, acquired 10% of the South Korean “Ahnlab” business. According to the Yonhap news agency, the value of the agreement amounted to approximately 74.4 billion winners ($ 55.2 million). The agreement comes in the context of an agreement signed by ‘Site’ and ‘Ann Lab’ to establish a joint venture for cyber security in Saudi Arabia during the first half of this year. According to the agreement, the Korean company provides 25% of the investments required in the project, while the “website” provides the remaining percentage. The joint project will provide solutions and services for a laboratory to public bodies and businesses in Saudi Arabia. In the future, the scope of solutions and services provided is to include the safety of obstetric intelligence, the Iot Iot Iot Security and Operational Technology (OT), according to the agency. Profit and loss accounts in the conversion of shares of Aramco to the Saudi Sovereign Fund Seed Bin Saleh Al -Aaboudi, CEO of ‘Sate’ in a statement, said this project is one of the most important investments of the company, which indicates its role is concentrated in the launch of cyber security technology to Soedi Arab to the public and private sectors.
“Sate” of the Saudi Siadie, which takes a share in the Korean “Ann Lab”
