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Apple to open 1st retail outlet in Austria

Apple Inc. will open its first Austrian store in Vienna on Feb. 24.

Apple Kärntner Strasse is a two-level, 150-employee store featuring a boardroom where people such as entrepreneurs and app developers can be trained and advised by Apple team members.

Apple is also reportedly in talks with SAGIA, Saudi Arabia's foreign investment authority, and is expected to strike a licensing deal for Apple stores by February. The tech giant's first retail outlet in Saudi Arabia is expected to open in 2019.