Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

China's Huawei becomes one of first fully-owned tech firms in Qatar

September 20, 2018


Abstract : Chinese tech giant Huawei said it has become one of the first fully owned technology companies in Qatar, state-run Qatar News Agency reported Wednesday.

huawei_副本

DOHA, Sept. 20 (Xinhua) -- Chinese tech giant Huawei said it has become one of the first fully owned technology companies in Qatar, state-run Qatar News Agency reported Wednesday.

"Huawei, a leading global provider of communications and information technology (ICT) infrastructure and smart devices, became one of the first technology companies with 100 percent ownership in Qatar," Huawei said in a statement on Tuesday evening.

According to the statement, Huawei opened a new office in West Bay area of Qatar's capital Doha, bringing its number of offices in the capital city to three.

The establishment of the third office will help promote the ICT industry in Doha, while expanding Huawei's support to other vital sectors in the city such as oil, gas, transport, education and health, the statement noted.

"This marks an exciting new period of growth for us in the country, and we are looking forward to expanding our activities and collaborating with our local partners and customers to further innovate and drive forward the local ICT industry," said Frank Fan, CEO of Huawei Qatar.

Mohammed Ali Al Mannai, president of Qatar's Communications Regulatory Authority, also expressed welcome to "Huawei's expansion" and "active contribution to the economy."

In 2005, Huawei opened its first office in Qatar. It has now about 180 direct employees as well as many local and international partners.

Over the past few years, the Chinese company has launched several major projects in Qatar, as the telecom giant is working on developing the fifth-generation technology, which is expected to provide better communication services between individuals, vehicles, homes, and appliances.

On May 24, Qatar's cabinet approved a draft law to encourage foreign investment in the country to boost economic development.

The draft law allows the access of non-Qatari investment in all economic fields with up to 100-percent ownership, and provides incentives for foreign investors, including allocating lands to carry out their investment projects, to support such action.

Scan the QR code and push it to your mobile phone

Keyword: huawei

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial