Saudi Arabia is partnering with a Japanese company called Softbank. Saudi Arabia is doing this, so they can scoot farther away from an economy highly dependent oil. Oil in the future will likely not be used at all, because of renewable energy. Softbank wants to do this, because growth in Japan has become stagnate.
http://money.cnn.com/2016/10/14/technology/saudi-arabia-softbank-japan-tech-fund/?iid=EL
This is a good call for Saudi Arabia. It's always healthier for a country to have a diverse economy rather than being dependent on a single export.
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