logo
stc Bahrain celebrates 15 years of Bahrain operations in style

stc Bahrain celebrates 15 years of Bahrain operations in style

Trade Arabia03-03-2025

stc Bahrain, a digital enabler, is celebrating its 15 years of commitment to driving Bahrain's digital transformation, as a leading provider of innovative solutions and services in the kingdom.
From pioneering 5.5G deployment to Web3 innovation, stc Bahrain has consistently invested in cutting-edge technologies and Bahraini human talent, shaping a connected future for businesses and individuals.
As part of its 15th anniversary celebrations, stc Bahrain is introducing exciting offers.
Customers can enjoy a range of exclusive benefits through the MystcBH app, in addition to exclusive gifts with device purchases, and complimentary TV with Home broadband subscriptions.
Furthermore, customers can win instant prizes from the stc Van and benefit from convenient installment plans for television purchases, including a complimentary Shahid TV subscription, said stc in its statement.
CEO Eng. Khalid Al Osaimi said: "For 15 years, stc Bahrain has been at the forefront of the kingdom's digital evolution. We remain committed to building a stronger, more connected nation, and our investments in infrastructure, technology, and Bahraini talent reflect that dedication."
He pointed out that stc's focus on Bahrain's digital future is marked by its strategic investments in key infrastructure projects, including the 2Africa Pearl submarine cable system and the Data Center Park.
These initiatives are crucial for establishing Bahrain as a leading regional economic and information hub, he stated.
stc Bahrain said it continues to expand its digital offerings, with stc Pay serving as a prime example of the most innovative and accessible, all-inclusive mobile wallet in Bahrain for all types of digital financial transactions.
The telecom firm empowers businesses with a comprehensive suite of cutting-edge technologies, including IoT, big data, cybersecurity, cloud services, mobile payments, and wholesale connectivity.
The company also actively supports local talent and Bahraini entrepreneurs through programs like inspireU, building a vibrant and innovative ecosystem, said the statement.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

NBB sponsors MKF youth education initiatives
NBB sponsors MKF youth education initiatives

Daily Tribune

time3 hours ago

  • Daily Tribune

NBB sponsors MKF youth education initiatives

AlMabarrah AlKhalifia Foundation (MKF) has announced the National Bank of Bahrain (NBB) as the official sponsor of both the 'Watheq' university preparatory program organized from 14th July to 20th August and 'The Takeoff' career exhibition, which is set to take place on 28th June at the Foundation's new headquarters in Riffa. Held as a one-day event, 'The Takeoff' exhibition marks its debut this year. It will bring together a group of local and international universities and feature interactive career stations that will allow students to experience various academic and professional disciplines through practical and mentoring activities. The exhibition will also include an AI-powered personalized assessment that will help students explore university majors that align with their skills, interests, and aspirations, enabling them to make well-informed decisions about their academic and career journeys. The Takeoff exhibition is being organized in collaboration with several leading educational institutions in the Kingdom, including the American University of Bahrain, European University, Bahrain University of Technology, Royal College of Surgeons in Ireland - Bahrain, British University of Bahrain, Bahrain Institute of Banking and Finance, University of Bahrain, and Ahlia University. Meanwhile, the 'Watheq' program aims to empower Bahraini youth with practical capabilities and competencies essential to their professional and academic success. As part of its sponsorship, NBB will also financially support the participation of 120 high school students in The Takeoff exhibition, giving them direct access to university guidance and career exploration opportunities. Commenting on the partnership, Shaikha Zain bint Khalid Al Khalifa, Chairperson of the Board of Directors at AlMabarrah AlKhalifia Foundation expressed her appreciation for NBB's continue support of the Watheq program. She commended the sponsorship's crucial role in achieving MKF's goals of equipping Bahraini youth with the capabilities they need to succeed through targeted initiatives focused on education, career guidance, and skills development. Her Highness highlighted MKF's keenness to expand this partnership further and maximize the positive impact of the Foundation's endeavors. Commenting on the sponsorship, Hisham Abu Alfateh, Chief Corporate Communications Officer of NBB said, 'We remain dedicated to empowering Bahrain's youth and supporting projects that prepare them academically and professionally. Our collaboration with MKF reflects our shared vision of investing in the potential of promising young Bahrainis. Through our sponsorship of the Watheq program and The Takeoff exhibition, we reaffirm our belief in the important part that youth play in cultivating a brighter future for the Bahraini job market.

Singapore travel soars sevenfold at Bahrain Airport in April
Singapore travel soars sevenfold at Bahrain Airport in April

Daily Tribune

time3 hours ago

  • Daily Tribune

Singapore travel soars sevenfold at Bahrain Airport in April

Bahrain International Airport recorded 808,793 passengers in April, as traffic to several destinations more than doubled compared to the same month last year. The route to Singapore saw the steepest rise, with 11,476 passengers travelling there, up more than sevenfold from April 2024. The United Arab Emirates, with Sharjah and Dubai combined, accounted for the highest volume at 125,094 passengers, a rise of 12 per cent. Doha followed with 44,703 passengers, up by 20 per cent. Bengaluru recorded 14,732 passengers, marking an increase of 108 per cent. Departing passengers numbered 398,294, while 409,646 arrived. A further 853 travelled through the airport as transit passengers. Aircraft movements totalled 8,533. These included 4,266 departures and 4,267 arrivals. Another 42,509 aircraft passed through Bahraini airspace without landing. Cargo volumes also rose. The airport handled 32,973 tonnes in total, including 13,337 tonnes of imports, 9,196 tonnes of exports and 10,440 tonnes in transit. The data, published by the Ministry of Transportation and Telecommunications, showed steady growth across all sectors of air traffic.

BYD Price Slashing To Prompt Chinese EV Consolidation
BYD Price Slashing To Prompt Chinese EV Consolidation

Gulf Insider

time10 hours ago

  • Gulf Insider

BYD Price Slashing To Prompt Chinese EV Consolidation

BYD's aggressive discount campaign is shaking up China's EV market, pushing rivals to slash prices and raising concerns of an industry-wide 'race to the bottom,' according to Nikkei Asia. Since January, BYD has launched repeated limited-time offers. Its latest, running through June, cuts prices by up to 34% across 22 EV and hybrid models, with its Seagull now starting at just $7,700. Morningstar's Vincent Sun said investors are worried this signals a prolonged price war. 'I believe sales targets are the main driver behind this,' he said. BYD aims to sell 5.5 million vehicles in 2025, including 800,000 overseas. But its stock fell over 8% Monday and continued sliding Tuesday after the discount news. Great Wall Motor chairman Wei Jianjun hinted at growing debt in the industry, saying, 'The Evergrande of the automotive industry already exists; it just hasn't collapsed yet.' Many believe he was referring to BYD, whose debt ratio stood at 70.7% in March. BYD's Li Yunfei appeared to hit back with a cryptic social media post: 'A dog can bite a person! But a person cannot bite a dog!' Nikkei writes that other carmakers quickly followed BYD's lead. Geely's Galaxy brand launched deals with discounts up to 20,000 yuan, while Changan and Leapmotor also cut prices. Rising inventories are partly to blame—China had 3.5 million unsold vehicles in April, a 57-day supply, the highest since late 2023. BYD alone reported 154.4 billion yuan in inventory, up 33% from the previous quarter. Despite its lead, BYD is feeling pressure. Haitong's Oscar Wang said competitors are catching up in tech and pricing. 'While long-term reliance on price wars may erode brand premium value, it can help capture market share in the short term,' he said. Macquarie's Eugene Hsiao noted, 'We think BYD is looking to both sustain its position in the local EV market while also forcing competitors to match them on prices, which may accelerate future consolidation.' The Chinese government has signaled support for mergers among state-owned auto firms, and Geely recently announced it will take Zeekr private to cut overlapping costs. S&P Global warned that 'many entities [are] on an unsustainable path' and predicted 'a sweeping consolidation' ahead. 'For many firms, a merger or some form of partnership will be necessary for survival.' Also read: China Grants Visa-Free Entry To Bahraini Citizens Starting June 9

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store