Saudi Minister of Communications Meets NVIDIA CEO to Support Digital Economic Growth

The Saudi Minister of Communications has met with the CEO of NVIDIA in Riyadh. SPA
The Saudi Minister of Communications has met with the CEO of NVIDIA in Riyadh. SPA
TT

Saudi Minister of Communications Meets NVIDIA CEO to Support Digital Economic Growth

The Saudi Minister of Communications has met with the CEO of NVIDIA in Riyadh. SPA
The Saudi Minister of Communications has met with the CEO of NVIDIA in Riyadh. SPA

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Alswaha has met with the CEO of NVIDIA, Jensen Huang, in Riyadh.

The purpose of Saturday’s meeting was to enhance the strategic partnership and bolster support for the growth of the digital economy in the region. The Kingdom holds the position of the largest market for technology and innovation in the Middle East and North Africa.

They discussed investment opportunities, promoting innovation in deep technologies, maximizing the economic and social value of adopting generative artificial intelligence technologies, and capitalizing on various opportunities within the growing digital industry in the Saudi market.



Huawei's Meng Wanzhou Takes Over as Rotating Chairperson

FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
TT

Huawei's Meng Wanzhou Takes Over as Rotating Chairperson

FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo
FILE PHOTO: Meng Wanzhou, Huawei's rotating chairperson and chief financial officer, speaks at the Mobile World Congress in Shanghai, China June 28, 2023. REUTERS/Nicoco Chan/File Photo

Meng Wanzhou on Tuesday took over from Eric Xu as the rotating chairperson of China's Huawei Technologies for the next six months, the Shenzhen-based telecoms giant and smartphone maker said.
Meng, who is also the daughter of Huawei's founder Ren Zhengfei, will also continue to serve as the company's chief financial officer concurrently, Reuters reported.
The 52-year-old is taking the reins at a time when Huawei is going head-to-head with rival Apple over smartphone sales. Both companies launched their latest devices on the same day in September, with Huawei rolling out a premium tri-fold phone that costs $2,800.
Meng, described as the "Princess of Huawei" by Chinese media, was caught up in an extradition drama several years ago.
She was detained in Vancouver in December 2018 after a New York court issued an arrest warrant, saying Meng had tried to cover up attempts by Huawei-linked companies to sell equipment to Iran in breach of US sanctions.
Meng was allowed to return to China in September 2021 after reaching an agreement with US prosecutors to end a bank fraud case against her.