FINANCIAL NEWS

Huawei to invest in Saudi Arabia

01 Sep 2016

(MENAFN) China-based Huawei received a commercial license to invest in Saudi Arabia and establish a center of innovation.

The new license will allow the firm to sell its products directly in the Saudi market, after submitting a plan to the Saudi Arabian General Investment Authority.

Accordingly, the firm looks forward to future achievements and transforming ideas into reality using its latest innovations.

Meanwhile, the company will establish an exhibition showcasing innovations; arrange an annual and quarterly competition in the kingdom to support young talents.

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