STC has signed a SR32.64 billion contract with a Saudi government entity to develop, operate, and provide telecom infrastructure services over 15 years. The contract highlights STC’s commitment to advancing Saudi Arabia’s digital transformation through investments in 5G, fiber optics, data centers, and advanced technologies like cloud computing and IoT.
stc is leading Kuwait’s Corporate Social Responsibility efforts by launching its Sustainability Program, focusing on reducing its carbon footprint and empowering youth. The company has partnered with government entities to promote eco-friendly practices and launched initiatives supporting education, sports, and entrepreneurship, making significant community contributions.
stc has reported strong financial results for the first nine months of 2024, with revenues reaching KD 261.8 million, driven by consumer sector growth. The company continues to lead in digital transformation and innovation within Kuwait’s telecommunications market.
Kuwait Telecommunications Company – stc sponsored the TEDxSafat Square event, themed “Growth: Embracing Endless Possibilities.” The event gathered over 100 participants and featured prominent speakers discussing digital transformation and entrepreneurship. This initiative aligns with stc’s CSR strategy to foster innovation and support the entrepreneurial spirit in Kuwait.
stc Bahrain has received the Middle East Technology Excellence Award for its Web3 Launchpad program, which supports innovative blockchain initiatives and the development of a robust Web3 ecosystem in line with Bahrain’s Economic Vision 2030.
stc pay has introduced the Corporate Prepaid Card in Bahrain, designed to offer businesses enhanced financial control and efficiency. This new solution includes features like attractive cashback on transactions, advanced security, and global acceptance, further establishing stc pay as a leader in the fintech sector.
stc Group has partnered with New Murabba to advance urban development in Riyadh through innovative digital solutions. This strategic collaboration aims to implement cutting-edge technologies like AI and IoT, enhancing infrastructure and quality of life in alignment with Saudi Arabia’s development goals.
stc Group and New Murabba have forged a strategic partnership to enhance New Murabba’s digital framework, leveraging stc’s advanced digital solutions to transform Riyadh into a pioneering global city that blends technology with sustainability.
stc Bahrain has launched the “Scan & Go SIM,” the nation’s first self-activation service utilizing AI facial recognition. This innovative SIM allows customers to activate it instantly via the My stc BH app, offering a seamless, on-the-go experience without visiting a branch. The service is available with flexible prepaid and postpaid plans.
stc pay has partnered with Bahrain’s LMRA to enhance the onboarding experience for expatriates by providing an IBAN linked to the stc pay wallet. This initiative simplifies wage payments, supports Bahrain’s digital transformation, and safeguards worker rights, making the Kingdom a top destination for expatriates and businesses.
