Dubai, United Arab Emirates (CNN) – Saudi Minister of Investment Khalid Al-Falih announced, on Thursday, the launch of Huawei, its largest store outside China.
Al-Falih said, in his tweet on Twitter, “I am pleased to announce Awawi will launch its largest store outside China in the Riyadh Front area.”
Al-Falih considered that Huawei’s agreement with the Saudi Arabian Caden Investment Company is another important pillar of Huawei’s investment journey in the Kingdom of Saudi Arabia.
I am delighted with @ Huawei’s announcement of launching its largest flagship store outside of China in Riyadh @RiyadhFront. Huawei’s agreement with @KadenInvest is yet another significant milestone in Huawei’s investment journey in Saudi Arabia. #InvestSaudi https://t.co/uAvMozWwWz
Last December, the Saudi Communications and Information Technology Commission signed a memorandum of understanding with Huawei, to support the Kingdom’s plans for digital transformation and localization of technologies, among other memoranda of understanding signed with providers of communication technologies, such as Ericsson and Nokia.