State-owned Saudi Telecom Company (STC) announced a $500 million partnership deal with venture capital fund eWTP Arabia Capital, and Alibaba Cloud to provide high-performance public cloud services in the Kingdom. Alibaba Cloud, which is the digital technology and intelligence backbone of Alibaba Group, considers KSA as a strategic market for its operations in the GCC […]
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Professors from The Stephen M. Ross School of Business at the University of Michigan (Michigan Ross) published a study on stc Group’s successful transformation journey into the digital era. The study is titled “Transforming Culture in the Kingdom: How ‘stc’ Focused on People to Compete in the Digital Age.” In just six years after launching […]
Telecom operators STC and Etisalat have respectively topped a ranking of the Saudi Arabian and Emirati brands, according to a newly released report by WPP, one of the world’s biggest advertising company. The report, which was done by WPP’s data management division Kantar, highlighted that the telecommunications sector contributed to 70 percent, $35 billion, of […]
The Saudi Telecom Company is in discussion to reduce the offer to buy a 55% stake in Vodafone Egypt for $2.39 billion. STC’s approach for the non-binding offer was made for the first time in January 2020. The memorandum of understanding initially signed on January 29, 2020, was extended for a period of 90 and […]
eSIM STC has launched in Saudi Arabia for the first time. This is a great step in the transformation of smartphone use, after acquiring international accreditation for the roll out, and marks an essential milestone in Saudi telecom. The national eSim platform is capable of providing services to all network operators, mobile and virtual, throughout […]
STC Health Centers have launched as part of the company’s strategic alliance with the ministry of health, which is working on increasing prevention from the Corona virus pandemic and limiting its spread. STC have doubled their operational efficiency and awareness outreach of 22 of their healthcare centers across the Kingdom of Saudi Arabia. The company […]
Palantir Technologies reported (Q3) earnings, to a 23% stock surge, with a 198% increase in 2024, fueling a Palantir stock prediction 2025.
ICT Industry leaders and experts convened for the global Mobile Broadband Forum (MBBF) in Istanbul for the third ELITE FWA Club roundtable.
neobanks and challenger banks playing a pivotal role in reshaping digital financial services across the region.
UAE-based venture, Orbitworks, will manufacture up to 50 satellites annually to push domestic production capabilities for the UAE satellite.