A modern, dynamic illustration showcasing the launch of STC Bahrain's blockchain network 'Intersect' on Avalanche. The image features futuristic block

STC Bahrain Launches Exclusive Blockchain Network ‘Intersect’ on Avalanche

STC Bahrain has launched its exclusive blockchain network, Intersect, on Avalanche, promoting digital transformation and Web3 innovation. The initiative includes a 30-day “Makeathon + Hackathon” event from August 12 to September 11, engaging developers and artists to showcase Intersect’s potential in revolutionizing various industries and enhancing digital services.

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A modern and dynamic illustration depicting digital payment security. Include elements like a mobile wallet, secure payment symbols, and a Bahrain sky

stc pay Bahrain Achieves PCI DSS v4.0 Certification, Enhancing Digital Payment Security

stc pay Bahrain achieved PCI DSS v4.0 certification, highlighting its commitment to secure digital payment transactions. The rigorous audit by a Qualified Security Assessor ensured compliance with global standards. This milestone reinforces stc pay’s position as a leader in the digital payment landscape, providing customers with a secure and reliable financial platform.

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A professional and modern illustration depicting digital payment security. Include elements like mobile wallet icons, secure payment symbols, and a Ba

stc pay Bahrain Achieves PCI DSS v4.0 Certification, Enhancing Digital Payment Security

stc pay Bahrain has achieved PCI DSS v4.0 certification, the latest global security standard for protecting payment card data. This certification highlights stc pay’s commitment to providing a secure digital payment experience. The rigorous audit ensures compliance and enhances customer trust, solidifying stc pay Bahrain’s leadership in the digital payment landscape.

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A landscape image representing the financial success and digital innovation of stc Group in the first half of 2024. The scene features a modern cityscape

stc Group Reports Strong Financial Performance in H1 2024, Driven by Digital Growth and Strategic Partnerships

Leading Saudi telecom group stc has reported solid financial results for the first half of 2024, with a 4.79% increase in revenues, reaching SAR38.25 billion ($10.2 billion). Net profit surged by 7.73% to SAR6.6 billion, driven by growth in customer and carrier revenues, as well as subsidiary performance. The company’s “Dare 2.0” strategy and cost efficiency programs were key factors in achieving these results.

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stc Headquarters

stc Group and Microsoft Forge Groundbreaking Partnership to Accelerate Digital Transformation in Saudi Arabia

stc Group and Microsoft have entered a pivotal partnership aimed at transforming Saudi Arabia’s digital landscape. This alliance will enable stc’s subsidiaries to innovate and tap into new markets, creating opportunities for businesses and advancing the Kingdom’s global innovation stance. With a focus on inclusive and sustainable innovation, this collaboration will introduce advanced technologies to support digital transformation and economic diversification in the region.

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