The following is a summary of all announcements from the past month regarding investment deals, partnerships, and other commercial news between U.S. and Saudi companies.
Fortanix Inc., a U.S.-based multi-cloud data security company and the pioneer of Confidential Computing, and the Saudi Information Technology Company (SITE), a PIF-owned cybersecurity and cloud provider and systems integrator, announced a new partnership that will bring Fortanix’s data security platform to the Saudi Arabia and Middle East market.
Food & Agriculture
Recently, Dave’s Hot Chicken took to their official Instagram account to announce that they’re soon planning to open their first-ever branch in Saudi Arabia. The California-based chain plans to open an outlet on Olaya Street in Riyadh.
Textron Aviation has won a contract from Fargo, North Dakota-based AvMet International for one Beechcraft King Air 360CHW (cargo door, heavy weight) and four Beechcraft King Air 260 aircraft, the manufacturer said Tuesday. The Beechcraft King Air fleet will support the Kingdom of Saudi Arabia’s National Center for Meteorology program for cloud seeding.