Bloomberg Huawei Technologies Co.’s earnings grew at their slowest pace in five years, as China’s biggest maker of telecommunications gear sank money into research and a marketing blitz to gain ground on Apple and Samsung in smartphones. Huawei, founded by former army engineer Ren Zhengfei three decades ago, has emerged as one of China’s most recognizable consumer brands. A …

  Dubai / Emirates Business P&O Ports, owned by the Government of Dubai, has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso in the Puntland State of Somalia. The approximate investment for the modern multi-purpose facility will be USD336mn divided into two phases: $136 million for Phase 1 and $200 million for …

  SHARJAH / WAM The Sharjah Electricity and Water Authority (SEWA) and the Sharjah National Oil Corporation (SNOC) discussed ways to jointly promote innovation and sustainable development in the emirate. This step aims to strengthen their strategic plans to preserve the environment, enhance Sharjah’s competitiveness and focus on the implementation of relevant research studies to apply the vision and guidance …