stc, from KSA to Bahrain and Kuwait, numerous achievements throughout its digital enablement journey

stc, from KSA to Bahrain and Kuwait, numerous achievements throughout its digital enablement journey

The growth and expansion plan launched by stc Group at the beginning of the second decade of the 21st century was not just dead letters, but rather a realistic strategy sought by the group as a result of the technical development witnessed in the region. Over the past few years, stc group has transformed from a mere company that provides communication and internet services to a digital enabler that is considered the most prominent in the Middle East region. The comprehensive strategy launched by the group had the superlative role in endorsing digital transformation in the gulf region, as it sought to diversify investment opportunities. And during the past two years it launched many subsidiaries in the fields of cybersecurity, Internet of Things, Artificial Intelligence, cloud computing, infrastructure and 5G technologies that serve different gulf communities and support the digital transformation in the region. Today, the market value of the stc group has reached more than 187 billion riyals and the value of the stc brand reached $10.6 billion, according to the Forbes magazine classification. Furthermore, the group obtained the most valuable brand certificate in the Middle East region in the telecommunications sector, according to the classification of Brand Finance