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FINANCIAL NEWS
Huawei to launch smartphone factory in Suez Canal Area
09 Dec 2015
(MENAFN) Chinese company Huawei wants to establish a factory for smartphones in the Suez Canal Area.
According to statement, the Egyptian government assured to be a strategic companion in applying projects in the Suez Canal Area.
Furthermore, an agreement was signed with Huawei to offer the Egyptian Ministry of Electricity with 10mn smart electricity meters.
Additionally, a rise in the number of units was decided upon, which would help to remove illegal electricity consumption.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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