Huawei Technologies Co Ltd, the world's second-largest telecom equipment maker, on Tuesday said that the company saw stable business growth in the Middle East market last year and that it realized US$3 billion in sales revenue, sources reported.

Ihab Ghattas, assistant president of Huawei's Middle East division, said that the company's business will continue to maintain its growth momentum this year and that the Middle East market has a promising outlook.

In 2008, Huawei recorded US$2.4 billion in sales revenue in the Middle East market, said Ghattas.

Huawei's sales revenue grew 26.5% to US$21.5 billion in 2009 from US$17 billion in 2008. The firm's contracted sales last year increased 28.8% year on year to more than US$30 billion, according to an earlier report from China Knowledge.

 source:China Knowledge