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FINANCIAL NEWS
Huawei sets up operations at Knowledge Oasis Muscat
17 Jul 2011
(MENAFN) Huawei Technologies’s general manager, James Wu, stated that the telecom giant’s Oman office started operations at a new location at Knowledge Oasis Muscat (KOM) as the company saw good potential in Oman’s telecom sector, reported Times of Oman.
Wu also said that Chinese Huawei eyed the Gulf Cooperation Council region as fertile ground for growth in telecommunications as well as information and communications technology (ICT) sector.
The general manager added that the company seeks expanding its business in Oman in 5 main sectors which are government oil and gas, banking, transportation and smart grids.
It is worth noting that Huawei Technologies Co. Ltd. is a multinational networking and telecommunications equipment company headquartered in Shenzhen, China. It is the largest networking and telecommunications equipment supplier in China and the second-largest supplier of mobile telecommunications infrastructure equipment in the world.
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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