Saturday 20 December 2014
 
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STC

Careem raises $10m for business expansion

UAE-based Careem, an app and web-based chauffeur-driven car booking service, raised $10 million in an investment round led by Al Tayyar Travel Group, STC ventures and other regional investors. The company plans to use the cash infusion

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STC, SAP partner to boost network technology

Saudi Telecommunication Company (STC), the Middle East’s largest telecom service provider, and SAP, a market leader in enterprise application software, have partnered to leverage STC’s network infrastructure. Saudi Tel

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STC in sound corporate governance practices deal

Saudi Telecom Company (STC) and the GCC Board Directors Institute (BDI) has announced their sponsorship agreement. "STC, being a socially responsible organisation, places great emphasis on sound corporate governance practices

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STC Advanced Solutions takes part in technical conference

STC Advanced Solutions, a leading communications company in Saudi Arabia and a key provider of advanced, turnkey and reliable information technology (IT) solutions, took part as the technology sponsor of a forum for local and international exper

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Juniper to deliver efficient network services for STC

Saudi Telecommunication Company (STC) has selected Juniper Networks, a leader in network innovation, to manage, operate and support STC’s entire Juniper High-IQ network infrastructure. Juniper’s innovative services mod

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STC beats estimates with flat Q3 profit

Saudi Telecom Company (STC), the Gulf's No 1 telecom operator by market value, reported a flat third-quarter profit on Monday, beating estimates. The firm, which competes domestically with Etihad Etisalat (Mobily) and Zain Sau

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STC selects Ericsson to upgrade network

The Saudi Telecom Company (STC) has extended its long-standing partnership with Ericsson, a global provider of communications technology and services, to transform, expand and upgrade its network in Saudi Arabia. The move is part of STC

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STC launches ‘advanced solutions’ at Gitex

The Saudi Telecom Company (STC) has launched its ‘STC Advanced Solutions’ at Gitex 2014 information and communications technology (ICT) business trade show in Dubai, UAE. The new initiative is part of STC’s ongoi

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Saudi Telecom Q2 profit nearly doubles

Saudi Telecom Company (STC), the Gulf's biggest telecommunications operator by market value, reported a 96 percent surge in second-quarter profit on Monday, beating analysts' estimates because of a change in the valuation of an Asian div

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STC $533m 10-year debut sukuk

Saudi Telecom Company (STC), the Gulf's largest telecommunications operator by market value, said on Tuesday it had completed a 2 billion riyal ($533 million), 10-year debut sukuk issue. The issue, which was almost two times o

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