PIF Private Sector Forum: STC Group signs strategic agreements to enhance local content

PIF Private Sector Forum: STC Group signs strategic agreements to enhance local content

Riyadh: stc Group signed a raft of new agreements with local partners at the Public Investment Fund’s (PIF’s) Private Sector Forum in Riyadh, with the aim of enriching the local economy. Prince Mohammad Bin Khalid Al Abdullah Al-Faisal, the chairman of the Board of Directors of stc Group attended the signings. stc Group was represented at the Forum by its Rawafed program which also participated in a workshop dedicated to improving localization of procurement and supply chains. The annual event brings together policymakers, key local private-sector players, visionaries, and industry leaders to discuss and catalyze and accelerate economic growth opportunities within the Kingdom’s private sector. Commenting on the stc’s participation, CEO Olayan Al-Wetaid said: “We welcome the opportunity to participate once again at the PIF Private Sector Forum – a brilliant space to reaffirm our commitment to driving forward the Kingdom's economic agenda. At stc Group, we are dedicated to providing world-class connectivity, driving digital transformation, and empowering sustainable growth.” He added that the signed agreements reflect stc Group’s commitment to cooperating with various local partners, and empowering innovation, and contributing to enhancing local content in line with Vision 2030's objectives. The agreements signed covered a range of strategic stc