The Saudi Arabian General Investment Authority (SAGIA) signed on Monday a memorandum of understanding (MoU) with Hewlett-Packard to promote IT environment and attract latest innovations and investments, reported the Saudi Press Agency (SPA). The deal was signed on the sidelines of the visit paid by Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, to the United States. The Governor of the Authority Engineer Ibrahim bin Abdulrahman Al-Omar stressed that the memorandum aims at improving the information technology system and enhancing innovation and investment.