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Saudi Investment Minister Khaled Al-Falih announced the signing of an agreement with the Chinese company “Huawei” to open its largest store outside of China in the Saudi capital, Riyadh.
“I am pleased to sponsor the signing of the agreement between Huawei and KadenInvest to open Huawei’s largest flagship store outside of China in the city of Riyadh, which is a milestone in Huawei’s investment journey. in the Kingdom, “the minister said in a tweet seen by” Al Arabiya Net “.
I am happy to sponsor the signing of the agreement between Huawei @Huawei And @KadenInvest Largest Huawei flagship store outside China opens in Riyadh @RiyadhFront Which is a milestone in Huawei’s investment journey to the Kingdom. # InvestSaudi pic.twitter.com/1QHw7D8YsF
– Khaled Al-Falih | Khalid Al Falih (@Khalid_AlFalih) January 14, 2021
Al-Falih added that this event is the result of the continued cooperation between the Ministry of Investment and the Ministry of Communications and Information Technology, aimed at attracting, enabling and supporting investments in the communications sector and information technology.
Last December, the Saudi Information and Communications Technology Commission signed a memorandum of understanding with Huawei to support the Kingdom’s digital transformation and technology localization projects.
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