Advanced Electronics Company (AEC) has signed a MoU with SABIC (Saudi Arabian Basic Industries Corporation) during SABIC’s initiative Nusaned Program Event. This cooperation agreement illustrates the two companies’ commitment to transfer technology to the Kingdom of the Saudi Arabia to enhance local capabilities and to develop the Saudi workforce skills. Mr. Abdulaziz Al-Duailej, AEC’s President & CEO signed the agreement with Mr. Uwaidh AlHarethi, EVP, Innovation and Business Development of SABIC, during Nusaned Program. This MoU comes as a result of SABIC strategic initiatives to develop the localization of good and service and enhance Saudi capabilities to meet the objectives of Saudi vision 2030. On this occasion, Mr. Al-Duailej stated: “We are proud to sign this MoU with SABIC and we highly appreciate SABIC’s efforts and vision to transfer high technology to the Kingdom of Saudi Arabia.” Mr. Al-Duailej added “AEC is honored to build on our partnership with SABIC which will enhance the local capabilities and develop Saudi workforce, clearly reflecting the objectives of the country Vision 2030”