Saudi Arabia says plans $100 billion tech fund with Japan's Softbank

By Andrew Torchia DUBAI (Reuters) - Saudi Arabia, seeking to develop its economy beyond oil exports, plans to create a global technology investment fund with Japan's SoftBank group that could grow as large as $100 billion, Saudi state media reported on Friday. The plan is one of a series of dramatic business initiatives launched by Riyadh this year as Saudi Arabia, its economy hurt by low oil prices, deploys its huge financial reserves in an effort to move into non-oil industries. SoftBank will