Saudi Delegation Visits Portugal, Austria to Boost Saudi High-Tech Manufacturing

Saudi Ministry of Industry and Mineral Resources logo
Saudi Ministry of Industry and Mineral Resources logo
TT

Saudi Delegation Visits Portugal, Austria to Boost Saudi High-Tech Manufacturing

Saudi Ministry of Industry and Mineral Resources logo
Saudi Ministry of Industry and Mineral Resources logo

A Saudi Ministry of Industry and Mineral Resources delegation recently visited Portugal and Austria to discuss enhancing cooperation in high-technology manufacturing. The delegation met with government and private entities in both countries.

In Portugal, the delegation, led by the Director General of Manufacturing Localization and Increasing Local Content Engineer Mohammed bin Abdullah al-Janini, held discussions with representatives of the Portuguese Trade and Investment Agency and the Arab-Portuguese Chamber of Commerce and Industry.

The focus was on supporting and stimulating the high-tech manufacturing environment in Saudi Arabia and exchanging expertise in this field. The delegation also visited leading Portuguese factories in the high-tech manufacturing sector, including the Unicorn Factory incubator, which supports startups and entrepreneurs in the technology sector.

In Austria, the delegation visited the United Nations Industrial Development Organization (UNIDO) headquarters to review the Kingdom's efforts to support and develop the industrial environment. Additionally, the delegation discussed the Ministry of Industry and Mineral Resources' preparations to host the Multilateral Industrial Policy Forum 2024 (MIPF) in Riyadh this month.

The visits were part of the ministry's efforts to strengthen international partnerships that aim to support the development of the industrial sector, encourage innovation and knowledge transfer, localize advanced technologies, and enhance the Kingdom's position as a leading industrial center in the region.



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.