An early Joby Aviation backer might soon be its biggest distributor in Saudi Arabia
1. Joby Aviation tentatively partners with Abdul Latif Jameel for 200 aircraft. 2. Deal valued at approximately $1 billion, targeting Saudi Arabian market. 3. Memorandum of Understanding signed; details to follow later this year. 4. ALJ's extensive infrastructure and relationship with Toyota boost Joby's potential. 5. Joby also plans U.S. launch after initial rollout in Dubai.