Apple and Amazon are negotiating with the government of Saudi Arabia to obtain a license to conduct business in the Kingdom of Saudi Arabia. In the event of a favorable outcome of the negotiations, both corporations, Apple and Amazon are ready for a substantial investment in the largest Arab economy.
Apple and Amazon Ready to Business in Saudi Arabia
Apple and Amazon are already selling their products in Saudi Arabia through third countries. Now both global conglomerates intend to establish a direct link with one of the promising market of the Arab state with a population of more than 33 million people. About 70% of the Saudis are under the age of 30, and they are among the most active users of social networks, Reuters noted.