Huawei

Industry News

Oman Investment Authority and China’s Silk Road Fund Form $800 Million Investment Vehicle

The Oman Investment Authority signed a preliminary term sheet with China's Silk Road Fund to establish an $800 million joint investment fund during Sultan Haitham bin Tarik's state visit to Beijing. The deal is part of a 23-agreement package covering finance, logistics, artificial intelligence, solar energy, and mining. Other agreements involve China Merchants Bank, IDG Capital, JD.com, Huawei, and Hongda International.

China–UAE News

UAE Ambassador to China Attends Huawei Middle East ICT Competition Award Ceremony

The UAE Ambassador to China, Dr. Ali Obaid Al Dhaheri, attended the award ceremony for the Huawei ICT Competition Middle East 2020. During the ceremony, the ambassador congratulated winning participants and delivered an address on future bilateral cooperation. Discussions highlighted potential opportunities between the UAE and China in the information and communications technology sector.

Industry News

LuLu Group Launches AED 100 Million Year-End Retail Campaign Across UAE

LuLu Group has launched a two-month nationwide sales campaign in the UAE featuring promotions, discounts, and prizes valued at AED 100 million. Running through November and December, the initiative includes themed weekly events such as a Huawei-backed Super Friday sale. The retailer noted rising consumer optimism supported by UAE government initiatives driving tourism and trade.

China–UAE News

Huawei Deploys Next-Generation VitaAAU Wireless Equipment in UAE

Huawei announced the launch of its commercial U6 GHz device, the VitaAAU, at an event in Shanghai. The technology has achieved commercial deployment in the UAE and other markets. According to the company, the equipment delivers peak downlink speeds exceeding 10 Gbps in live environments.