Maiman

Ohad Maiman, the company’s CEO, has said that expanding production to the U.S. is critical for its plan to sell more in the country’s market.

Maiman, who was speaking at a conference in Abu Dhabi, said Kingdom has signed term sheets for a $1 billion loan with three international and two local banks.

Maiman said Kingdom would consider raising its investments in Lyft or Uber “if we see an opportunity there”.

Albert Einstein created the equations for the laser in 1917, but wasn’t until 1960 that Theodore Maiman first demonstrated the laser.

It was physicist Theodore Maiman of the Hughes Research Laboratories who first demonstrated a laser, in Malibu, California, in 1960.