Mobily Signs Agreement with Huawei to Enhance its Cloud, Digital Services

Photo by SPA
Photo by SPA
TT

Mobily Signs Agreement with Huawei to Enhance its Cloud, Digital Services

Photo by SPA
Photo by SPA

Mobily has signed a Memorandum of Understanding (MoU) with Huawei to collaborate on cloud services and enhance its digital and Internet of Things (IoT) B2B offerings.

The agreement is part of Mobily’s wider strategy to accelerate the adoption of advanced technologies that can deliver exciting new services to the consumer, industry, and governmental sectors, according to SPA.

The partnership deal was signed during a special ceremony at Huawei’s headquarters in Shenzhen, China between representatives of Mobily and Huawei.

Under the agreement, both parties will work closely on a range of areas that aim to level up Mobily’s digital offerings in Saudi Arabia.

CEO of Mobily Eng. Salman Albadran said: “Our new partnership with Huawei is the latest example of how Mobily is continuing to build upon the success we have already achieved in the digital and telecoms fields. We are investing in new technologies such as cloud computing and IoT while continuing to push ahead with further digitization and enhancement of services and solutions. As a company, we are determined not to rest upon our previous success and continue to push to higher achievements in realizing Saudi Vision 2030 goals.”

For his part, Huawei President for Middle East and Central Asia Steven Yi said: “We are delighted to have finalized this agreement with Mobily. The partnership perfectly complements the strengths of both companies in a way that will truly deliver on the goals of the MoU."

"Huawei brings extensive experience and expertise in digital technology for a wide range of use cases, and we are looking forward to working with Mobily to deliver game-changing solutions to meet the evolving needs of consumers and public and private organizations,” he added.

The MoU aims to form a framework of collaboration between Mobily and Huawei for the next 2-3 years in the two areas while setting a clear goal to create an action plan for further cooperation after signing the agreement.



Iran Lawmakers Move to Sack Country’s Economy Minister as Rial Plunges 

A currency dealer counts Iranian rials as the value of the rial drops, in Tehran, Iran, February 9, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A currency dealer counts Iranian rials as the value of the rial drops, in Tehran, Iran, February 9, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
TT

Iran Lawmakers Move to Sack Country’s Economy Minister as Rial Plunges 

A currency dealer counts Iranian rials as the value of the rial drops, in Tehran, Iran, February 9, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
A currency dealer counts Iranian rials as the value of the rial drops, in Tehran, Iran, February 9, 2025. Majid Asgaripour/WANA (West Asia News Agency) via Reuters

Iran’s parliament on Wednesday received a motion from lawmakers seeking to dismiss Economy Minister Abdolnaser Hemmati amid a sharp decline in the national currency, the rial.

Under Iranian law, Hemmati must appear before the legislature within 10 days to defend his record in a session that could result in his removal.

Ahmad Naderi, a Tehran MP and member of the parliament’s presiding board, said 91 lawmakers had signed the motion.

The move follows closed-door talks between President Masoud Pezeshkian and Hemmati with MPs over the plunging rial, which has lost nearly half its value since Pezeshkian took office in July.

On the black market, the rial is now trading at more than 900,000 to the US dollar, compared with less than 600,000 in mid-2024.

The slide has accelerated since the fall of Syrian president Bashar al-Assad, a longtime Iranian ally, on December 8.

Decades of US-led sanctions have battered Iran’s economy, with inflation worsening since Washington pulled out of a landmark 2015 nuclear deal in 2018.

US President Donald Trump, who returned to the White House in January, has revived his policy of “maximum pressure” on Iran, further tightening restrictions on the country.

Pezeshkian has vowed to seek a return to the nuclear accord and the lifting of sanctions, but diplomatic efforts have so far to make any headway.

In April 2023, lawmakers dismissed the industry minister Reza Fatemi Amin over soaring car prices.