Huawei Technologies Co. is planning to shift its headquarters to Riyadh, as Saudi Arabia is looking to position itself as a regional business hub amidst its growing diplomatic and business ties with China.
According to a Bloomberg report, the Chinese tech giant, is already in talks with Riyadh authorities to setup the HQ, while it already has offices in Saudi and other cities across the Middle East. The company currently has headquarters for the region in Dubai and Bahrain.