According to the 2024 Brand Finance Report, stc Group has maintained its position as the most valuable telecom brand in the Middle East. The report ranked stc as the 9th most valuable telecom brand globally and the strongest brand in the Middle East and Africa.
The report highlights that stc Group’s brand value grew by 16% in the past year, reaching $16.1 billion, reinforcing its leadership in the region. The company also holds the title of the third most valuable brand in the Middle East and the second in Saudi Arabia.
stc achieved a Brand Strength Index (BSI) score of 88.7 out of 100, earning it an AAA brand rating. This recognition is attributed to the group’s consistent innovation, commitment to excellence, and alignment with Saudi Arabia’s Vision 2030. Mohammed R. Abaalkheil, stc’s Vice President of Corporate Relations, emphasized that this milestone reflects the company’s leadership position and its dedication to digital transformation and sustainable growth. He added, “This recognition pushes the group to think ahead to stay ahead.”
As stc continues to lead the future of connectivity, the company is committed to enriching lives and fostering digital advancements that impact not only the region but the world at large.
