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Trump curbs might cut Huawei revenue by $30b

Bloomberg Huawei Technologies Co founder Ren Zhengfei expects US sanctions to curtail its revenue by about $30 billion over the coming two years, wiping out the networking giant’s growth by withholding critical American technology. Sales at China’s largest technology company will likely remain stagnant at about $100 billion in 2019 and 2020, the billionaire said during a panel discussion, quantifying ...

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SRTI Park launches Sharjah innovation economy report

Sharjah / WAM The Sharjah Research Technology and Innovation Park (SRTI Park) launched the Sharjah Innovation Economy Report at a special ceremony on Monday. The event, held under the patronage of HH Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, took place at Al Jawaher Reception and Convention Centre. Based on a series of ...

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UAE pharma market to top $4.5b

Abu Dhabi / Emirates Business The importance of the regional pharmaceutical market will be discussed at the global pharmaceutical event CPhI Middle East and Africa, when it returns to Adnec in September, as the UAE’s pharmaceutical market is expected to increase in value to $4.5 billion by 2021. The event will tackle growing trend to import majority of pharma products ...

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