Saudi Telecom Co (7010)

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News

18 June 02:42 PM stc extends MoU agreement with HUMAIN for AI joint venture

Riyadh – Mubasher: Saudi Telecom Company (stc) has announced a formal six-month extension to its memorandum of understanding (MoU) with Future Artificial Intelligence Company (HUMAIN) regarding the establishment of a new joint venture (JV), …

Corporate Actions

11 June 07:41 PM Abdullah Al Othaim Markets approves interim dividend mandate, contracts

Riyadh – Mubasher: The shareholders of Abdullah Al Othaim Markets Company ratified a mandate for the Board of Directors to distribute interim dividends for the 2026 and 2027 fiscal years, according to a bourse disclosure. During the Extraordinary …

Management Decisions

31 May 02:36 PM solutions enters into SAR 485m agreement with parent company stc

Riyadh – Mubasher: Arabian Internet and Communications Services Company (solutions) has signed a contract valued at SAR 484.78 million with Saudi Telecom Company (stc), a related party, for the development and expansion of communications and …

Company News

28 May 03:56 PM stc offers integrated digital services during Hajj season

Riyadh – Mubasher: Saudi Telecom Company (stc) Group provided pilgrims during this year’s Hajj season with a comprehensive suite of technical and digital infrastructure in the holy sites, according to a press release. The telecom operator aimed at …

Global Economy

28 May 11:10 AM stc delivers one of world’s record performances on Arafah Day

Riyadh – Mubasher: The giant Saudi Telecom Company (stc) group stated that it successfully delivered one of the world’s most demanding digital and operational performances on the Day of Arafah, which occurred on 26 May 2026. The Saudi telecom …

Companies Investments

21 May 06:36 AM stc outlines advanced telecom infrastructure plan for Hajj pilgrims

Riyadh- Mubasher: Saudi Telecom Company (stc) has completed its preparations for this year's Hajj season through a comprehensive operational plan aimed at enhancing network efficiency and expanding digital coverage across Makkah and Madinah. …

Company News

28 April 04:41 PM stc generates SAR 3.6bn net profits in Q1-26; dividends announced

Riyadh- Mubasher: Saudi Telecom Company (stc) recorded 1.28% year-on-year (YoY) higher net profits at SAR 3.69 billion in the first quarter (Q1) of 2026, compared to SAR 3.64 billion. The revenues jumped by 3.79% YoY to SAR 19.93 billion as of 31 …

Financial Results

21 April 05:05 PM solutions signs nearly SAR 132.5m contract with stc

Riyadh - Mubasher: Arabian Internet and Communications Services Company (solutions) has inked a SAR 132.43 million contract with Saudi Telecom Company (stc) on 20 April 2026. The agreement aims to design, provision, refresh, and modernize the …

Company News

1 March 09:53 AM stc offers free calls for GCC Citizens amid airspace closures

Riyadh - Mubasher: Saudi Telecom Company (stc) launched a three-day initiative, offering free calls to all GCC citizens in Saudi Arabia, effective Sunday, 1 March 2026. The move also includes free outgoing calls from Saudi citizens roaming across …

Companies Investments

17 February 05:41 PM stc posts SAR 77.8bn revenues in 2025; quarterly dividends unveiled

Riyadh- Mubasher: The net profits attributable to shareholders of Saudi Telecom Company (stc) fell by 39.94% year-on-year (YoY) to SAR 14.82 billion in 2025 from SAR 24.68 billion. The earnings per share (EPS) retreated to SAR 2.97 last year from …

Financial Results

8 February 07:01 PM stc boosts regional connectivity plans through SAR 3bn Silklink project in Syria

Riyadh - Mubasher: Saudi Telecom Company (stc) was awarded a SAR 3 billion contract with the Syrian Sovereign Fund to implement a telecom infrastructure project, Silklink, in Syria.   The project aims to enhance telecommunications infrastructure …

Global Economy

13 January 05:51 PM Mastercard, STC Bank forge partnership to boost digital transformation

Riyadh – Mubasher: Mastercard has partnered with STC Bank to provide its customers in the Kingdom with access to a broad range of cross-border payment services, according to a press release. The bank’s clients will leverage Mastercard Move’s …

Banking and Finance

11 January 11:34 AM stc concludes $2bn Sukuk offering

Riyadh - Mubasher: Saudi Telecom Company (stc) completed offering of its USD-denominated issuance of International Trust Certificates (sukuk) in two tranches, according to a bourse statement. The first auction was valued at $750 million, while the …

Bonds

6 January 02:21 PM Riyad Bank, Al Rajhi Bank, stc intend to offer dollar-denominated issuance

Riyadh - Mubasher: Riyad Bank plans to issue USD-denominated Tier 2 capital sustainable notes under its medium-term note program. The issuance will be offered to eligible investors in Saudi Arabia and internationally, according to a bourse filing. …

Banking and Finance

3 December 2025 06:51 PM IBM, stc join forces to drive quantum-safe cybersecurity for Saudi telecom sector

Riyadh - Mubasher: IBM and Saudi Telecom Company (stc) expanded their collaboration to enhance quantum-safe cybersecurity solutions across Saudi Arabia’s telecommunications sector, reinforcing the Kingdom’s readiness for the post-quantum era and …

Corporate Actions

20 November 2025 07:03 AM Channels by stc, ABANA bower telecom services at Seamless KSA 2025

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and ABANA signed an agreement to provide installation services across various telecommunications and information technology fields. The two companies aim to deliver management and …

Event

20 November 2025 06:51 AM Channels by stc, RAMA Technologies to reinforce AI-driven ecosystem

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) and RAMA Technologies, specialized in AI and data analytics solutions, signed a cooperation agreement at the Seamless Saudi Arabia 2025 forum. The two parties will bolster the smart …

Event

20 November 2025 06:41 AM Channels by stc empowers business sector via partnership with Samsung at Seamless KSA

Riyadh – Mubasher: Channels by Saudi Telecom Company (stc) penned a strategic agreement with Samsung Saudi Arabia to launch the latest display solutions tailored for the Saudi business sector. This includes the world’s largest B2B LCD screen, in …

Global Economy

20 November 2025 06:30 AM ONFTECH, STC Bank partner at Seamless KSA 2025 to promote digital transformation

Riyadh – Mubasher: ONFTECH, an esteemed international software development company specializing in fintech solutions, signed a memorandum of understanding (MoU) with STC Bank during Seamless Saudi Arabia 2025. The agreement will enable the two …

Banking and Finance

13 November 2025 04:59 PM stc unveils digital solutions for tourism at global event TOURISE 2025

Riyadh – Mubasher: Saudi Telecom Company (stc) has showcased a suite of digital solutions for the tourism sector as the official sponsor of TOURISE 2025, which took place on 11-13 November, according to a press release. The inaugural edition of …

Global Economy

3 November 2025 06:27 PM stc’s net profits exceed SAR 11.5bn in 9M-25; dividends for Q3 unveiled

Riyadh - Mubasher: Saudi Telecom Company (stc) achieved net profits totaling SAR 11.57 billion in the first nine months (9M) of 2025, higher by 3.08% than SAR 11.23 billion in 9M-24. Earnings per share (EPS) rose to SAR 2.32 in the …

Financial Results

8 October 2025 01:28 PM STC Pay intends to expand regionally, double growth – CEO at FinTech Forward

By: Ahmed El-Shamsy Mubasher: Metin Zavrak, CEO of STC Pay Bahrain, a unit of Saudi Telecom Company (stc), unveiled plans to expand the mobile wallet across the Middle East and the GCC region. In an exclusive interview with Mubasher on the …

Companies Investments

1 October 2025 09:38 AM Red Sea Global, stc boost Saudi tourism sector via SAR 1.2bn deal

Riyadh - Mubasher: Saudi Telecom Company (stc) penned an agreement with Red Sea Global (RSG) to invest more than SAR 1.20 billion in expanding digital infrastructure and services across RSG’s portfolio of resorts and communities. This strategic …

Companies Investments

28 September 2025 05:58 PM solutions inks SAR 313.5m agreement with stc

Riyadh - Mubasher: Arabian Internet and Communications Services Company (solutions) has signed a SAR 313.39 million contract with Saudi Telecom Company (stc) on 25 September 2025. The 36-month deal aims to expand and develop stc’s internet and …

Companies Investments

1 September 2025 07:44 AM stc launches sccc by stc to bolster global cloud computing services

Riyadh – Mubasher: Saudi Telecom Company (stc) has launched "sccc by stc," the new identity of the Saudi Cloud Computing Company (sccc), which specializes in advanced cloud computing services and data processing using AI. This move aligns with …

Companies Investments