Huawei Technologies is looking to make Riyadh its headquarters for the Middle East amid a push by the Saudi government to position itself as a regional business hub and growing diplomatic and business ties with China, according to people familiar with the matter, the newspaper adds.
A final decision hasn't yet been made by Huawei, and a spokesman for Huawei declined to comment. The company currently has headquarters for the region in Dubai and Bahrain, The Economic Times reminds.