stc read sea MOU

stc Group and Red Sea Global Forge Strategic Alliance to Revolutionize Tourism with Digital Innovation

STC Group has signed a strategic partnership with Red Sea Global to boost the digital transformation of tourist destinations along the Saudi Red Sea coast. This collaboration aims to provide advanced digital and connectivity services, enhancing the tourist experience in line with Saudi Arabia’s Vision 2030. The agreement includes deploying cutting-edge technologies like 5G and smart services across various platforms to ensure a seamless and innovative visitor experience.

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CST Publishes the Digital Content Platform Regulations Document

Saudi CST Introduces Comprehensive Regulations for Digital Content Platforms

The Communications, Space, and Technology Commission (CST) in Saudi Arabia has introduced comprehensive regulations for digital content platforms to foster growth and transparency in the sector. These regulations are part of the IGNITE program and aim to create a conducive environment for the market, attract investments, and ensure user protection. The CST expects a significant expansion in the digital content platform market, with a projected 20% CAGR by 2030. Service providers are urged to comply with the regulations by the effective date of October 8, 2024, as Saudi Arabia seeks to position itself as a digital content hub and drive innovation in the sector.

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BisB STC

Bahrain Islamic Bank (BisB) Partners with stc to Boost SME Initiatives

Bahrain Islamic Bank (BisB) has partnered with telecom services group STC to implement initiatives supporting small and medium-sized enterprises (SMEs) in Bahrain. BisB offers digital banking services and aims to provide innovative solutions for SMEs and corporate customers through this collaboration. STC Bahrain’s Chief Business Officer expressed their commitment to empowering SMEs and contributing to Bahrain’s Economic Vision 2030.

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ooredoo-and-Huwaei

Ooredoo Kuwait and Huawei Unveil CloudConnect, Pioneering Wi-Fi 7 for Business

Ooredoo Kuwait and Huawei unveiled “CloudConnect,” a Network-as-a-Service (NaaS) solution, during GITEX Global, introducing Wi-Fi 7 technology for businesses. CloudConnect offers cloud-managed networking services, aligning with Kuwait’s digital transformation goals. Ooredoo Kuwait pioneers Wi-Fi 7, providing enhanced connectivity. The collaboration aims to drive digital transformation and improve network efficiency, data security, and compliance with local regulations. Ooredoo Kuwait leads in introducing Managed Wi-Fi 7, offering faster speeds and advanced security for businesses. This initiative aligns with Kuwait’s vision for economic and social development.

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Libya Contract Signing

Libya Joins Medusa Submarine Cable Project to Boost Telecom Services and Digital Transformation

Libya has entered into a significant agreement with the Medusa submarine cable project, connecting the nation to various Mediterranean countries and improving its telecommunications capabilities. The Libyan United International Company (LUIC), a consortium of private sector Libyan companies in the communications industry, signed the contract. This move will enable Libya to become a telecom and internet services exporter to African countries, enhancing its digital infrastructure, boosting economic prospects, and establishing the nation as a key digital gateway to Africa.

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