Latest news with #stcgroup
Zawya
7 days ago
- Business
- Zawya
Stc group and Huawei achieve first 2.4T trial globally on live optical network
The collaboration paves the way to meet the growing demands for digital services amid the Kingdom's digital transformation. Riyadh, Saudi Arabia: stc group, a leading digital enabler, and Huawei have successfully trialed an ultra-high-speed optical solution capable of delivering data transmission speeds of 2.4 terabits per second (Tbps). As the first operator globally to deploy this cutting-edge solution, stc group is establishing a pivotal foundation for Saudi Arabia's transformation into a premier global digital hub. As Saudi Arabia undergoes rapid digital transformation, the demand for Peta bps-level data transmission is surging, driven by data-intensive industries and advanced computing applications. Leveraging Huawei's next-generation optical transport platform OptiX OSN 9800 K12, the solution achieved a single-fiber capacity to 96Tbps while delivering 2.4Tbps per port, equipping the Kingdom to address the escalating demands of advanced digital services over the next decade. Data security is guaranteed through Quantum Key Distribution (QKD), a leading encryption technology that ensures unbreakable protection for critical government and financial information. Intelligent automation boosts operational efficiency by enabling day-level service provisioning and real-time fiber performance monitoring. These innovations mark a significant step toward L4 self-healing network capabilities, empowering cloud providers to effectively manage sudden traffic surges while reducing service deployment cycles by over 70%. The collaboration between stc group and Huawei sets a global benchmark for connectivity, security, and operational excellence, enabling industries, businesses, and communities to thrive in an increasingly interconnected world. About stc group: stc group is a digital enabler, offering advanced solutions and driving a role in the digitalization process. The group provides a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. The group comprises 13 subsidiaries across the Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe. About Huawei: Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have approximately 208,000 employees and we operate in over 170 countries and regions, serving more than three billion people around the world. We are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.
Zawya
7 days ago
- Business
- Zawya
Stc group and Saudi Esports Federation partner to empower digital talent in the gaming industry
Riyadh, Saudi Arabia: stc group, the region's leading digital enabler, has announced a strategic partnership with the Saudi Esports Federation (SEF) to expand its Job Attachment Program (JAP) into the esports and gaming sector. This initiative aims to build local capabilities by offering real-world experience to stc group employees through temporary project-based assignments in one of the Kingdom's most dynamic digital industries. Through this collaboration, participants will gain hands-on exposure to industry-relevant projects, benefit from mentorship by seasoned esports professionals, and develop the technical and strategic skills required to support Saudi Arabia's emergence as a global digital powerhouse. 'We recognize the importance of preparing our future leaders to succeed in a digital-first world—especially as gaming becomes a core part of modern life,' said Ahmad M. S Alghamdi, Chief Human Resources Officer at stc group. 'This partnership with the Saudi Esports Federation reinforces our commitment to talent development and innovation in an industry that is transforming entertainment and redefining digital engagement.' The Saudi Esports Federation, a leading force in shaping the Kingdom's esports ecosystem, will provide JAP participants with the opportunity to work on initiatives aligned with its mission to develop local talent, support grassroots to professional esports development, and catalyze the entire gaming value chain. 'Esports is a strategic pillar of Vision 2030, creating new pathways for Saudi youth and establishing the Kingdom as a global leader in technology and innovation,' said Turki AlFawzan, CEO of the Saudi Esports Federation. 'Our collaboration with stc group reflects our shared vision of equipping Saudi talent with the capabilities to thrive and lead in this high-growth sector.' Since its inception, stc group's JAP has collaborated with over 25 leading organizations, providing hundreds of employees with transformative experiences across multiple industries. By integrating esports into the program, stc group continues to play a pivotal role in building a digitally empowered workforce that drives both national and global progress. Together, stc group and the Saudi Esports Federation are laying the foundation for a new generation of Saudi talent one that will lead the Kingdom's esports revolution and contribute to a diversified, knowledge-based economy under Vision 2030. About stc group: stc group is a digital enabler, offering advanced solutions and driving a role in the digitalization process. The group provides a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. The group comprises 13 subsidiaries across The Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe. To know more about stc group: Click here About Saudi Esports Federation: The Saudi Esports Federation is the regulating body in charge of nurturing elite gaming athletes and developing the gaming community and industry in Saudi Arabia. The Federation's activities are categorized into two complementary streams. The first stream works to develop all levels of competitive gamers, starting with the grassroots community level and moving up to professional esports athletes that can achieve global excellence. The second stream works to develop the entire gaming/esports value chain by catalyzing the industry and enabling talent. Since its establishment in late 2017, the federation has organized multiple world-class national and international tournaments and events, attracted investment from local private sector actors and worked with international developers on opportunities in the Saudi market.
Al Bawaba
11-07-2025
- Business
- Al Bawaba
From Vision to Value: stc group's 2024 Sustainability Report Focuses on Creating Legacy Impact
stc group, a leading digital enabler, published its annual Sustainability Report, showcasing progress across the group's environmental, social, and governance priorities from 2024. The achievements show the group's continued evolution as a future-focused, responsible business delivering on its sustainability goals across its operations, outlined in three distinct pillars: Environmental Performance & Climate; Development of Human Capital Through Digital Innovation; and Strong Governance & Ethical Excellence. Environmental Performance and Climate stc group's 2024 environmental performance and climate initiatives were anchored around actions to reduce emissions, optimize energy use, and scale circularity programs. This included energy efficient technologies, AI-enabled systems, and smarter energy management, which supported operational efficiencies that resulted in; • A reduction by 3.6% in Scope 1 emissions • A reduction by 14.6% in Scope 3 emissions • 9.8 % decrease in energy intensity A continued priority for stc in 2024 was reducing waste, including e-waste, which accounts for a growing percentage of global waste annually. stc group's e-waste initiatives saw success in two scaled initiatives this year: • The end-of-life asset recycling program, which recovers and processes outdated digital devices and network equipment, collected 4,236 tons of waste, with 48% reused and 40% recycled • The trade-in program, which allows customers to exchange used digital devices for renewed ones, refurbished 52,818 devices at a 97% resale rate Development of Human Capital through Digital Innovation stc group continued to invest in people – within stc and across our communities – as part of its focus on building a future-ready, digitally empowered workforce. stc made significant strides in its human capital investments in 2024, including: • stc Academy delivered 476,675 hours of training to over 33,000 participants, including stc group's employees who received an average of 22 hours each • Continuing a balanced talent model, combining 90% nationalization in the Kingdom with representation from 61 nationalities across the group's broader operations • Women continue to find opportunities to grow at stc, now comprising 15.8% of the stc workforce, holding 18 % of Board seats, and accounting for 31% of new hires • stc group's SmartTruck Initiative, a mobile digital classroom, imparted digital skills to over 9000 elderly citizens in underserved communities, helping narrow the digital divide across the Kingdom • An expanded fiber network system ensuring world-class connectivity for 3.6 million households in 2024 Strong Governance and Ethical Excellence stc group continued to strengthen its governance frameworks, reinforcing a local-first approach alongside robust cybersecurity protocols. This commitment was demonstrated through several measures: • 100% compliance with mandatory integrity training • Directing 96% of procurement spending to local suppliers • Zero data security breaches and zero incidents involving customers' personally identifiable information (PII) The 2024 Report reinforces how sustainability is embedded in stc group's digital-first ethos. Beyond reducing environmental impact, the group is focused on building a society that trusts in its world-class connectivity for its reliability, its integrity, and its sustainable growth.
Zawya
10-07-2025
- Business
- Zawya
From vision to value: stc group's 2024 Sustainability Report focuses on creating legacy impact
stc group reduced Scope 1 emissions by 3.6%, Scope 3 emissions by 14.6%, and energy intensity by 9.8%, marking clear progress on its environmental ambitions. The group strengthened local and global talent, maintaining a 90% Saudi nationalization rate alongside representation from 61 nationalities in the workforce. In 2024, 96% of stc's procurement was local, supporting sustainable growth of the Saudi economy and digital transformation Riyadh, Saudi Arabia: stc group, a leading digital enabler, published its annual Sustainability Report, showcasing progress across the group's environmental, social, and governance priorities from 2024. The achievements show the group's continued evolution as a future-focused, responsible business delivering on its sustainability goals across its operations, outlined in three distinct pillars: Environmental Performance & Climate; Development of Human Capital Through Digital Innovation; and Strong Governance & Ethical Excellence. Environmental Performance and Climate stc group's 2024 environmental performance and climate initiatives were anchored around actions to reduce emissions, optimize energy use, and scale circularity programs. This included energy efficient technologies, AI-enabled systems, and smarter energy management, which supported operational efficiencies that resulted in; A reduction by 3.6% in Scope 1 emissions A reduction by 14.6% in Scope 3 emissions 9.8 % decrease in energy intensity A continued priority for stc in 2024 was reducing waste, including e-waste, which accounts for a growing percentage of global waste annually. stc group's e-waste initiatives saw success in two scaled initiatives this year: The end-of-life asset recycling program, which recovers and processes outdated digital devices and network equipment, collected 4,236 tons of waste, with 48% reused and 40% recycled The trade-in program, which allows customers to exchange used digital devices for renewed ones, refurbished 52,818 devices at a 97% resale rate Development of Human Capital through Digital Innovation stc group continued to invest in people – within stc and across our communities – as part of its focus on building a future-ready, digitally empowered workforce. stc made significant strides in its human capital investments in 2024, including: stc Academy delivered 476,675 hours of training to over 33,000 participants, including stc group's employees who received an average of 22 hours each Continuing a balanced talent model, combining 90% nationalization in the Kingdom with representation from 61 nationalities across the group's broader operations Women continue to find opportunities to grow at stc, now comprising 15.8% of the stc workforce, holding 18 % of Board seats, and accounting for 31% of new hires stc group's SmartTruck Initiative, a mobile digital classroom, imparted digital skills to over 9000 elderly citizens in underserved communities, helping narrow the digital divide across the Kingdom An expanded fiber network system ensuring world-class connectivity for 3.6 million households in 2024 Strong Governance and Ethical Excellence stc group continued to strengthen its governance frameworks, reinforcing a local-first approach alongside robust cybersecurity protocols. This commitment was demonstrated through several measures: 100% compliance with mandatory integrity training Directing 96% of procurement spending to local suppliers Zero data security breaches and zero incidents involving customers' personally identifiable information (PII) The 2024 Report reinforces how sustainability is embedded in stc group's digital-first ethos. Beyond reducing environmental impact, the group is focused on building a society that trusts in its world-class connectivity for its reliability, its integrity, and its sustainable growth. About stc group stc group is a digital enabler, offering advanced solutions and driving a role in the digitalization process. The group provides a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. The group comprises 13 subsidiaries across The Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe.
Saudi Gazette
07-07-2025
- Business
- Saudi Gazette
stc group advances to 'A' in MSCI ESG ratings, strengthening global sustainability position
Morgan Stanley Capital International (MSCI), an investment research firm and a leading global Environmental, Social, and Governance (ESG) index provider, has upgraded stc group from 'BBB' in 2024 to 'A' in 2025 in its latest ESG ratings, marking a significant leap for the leading digital enabler from the 2024 rankings. stc group is now among the top 31% of telecom companies worldwide to receive an 'A' rating, out of a total of 62 telecom companies ranked by MSCI. This ranking reflects the group's consistent progress in embedding sustainability, governance, and transparency across its operations. In the MSCI report, findings on stc group's improvements highlighted strengths in data privacy and cybersecurity. This included a comprehensive framework for external IT audits, robust emergency response protocols, and continuous oversight at the highest levels of the group's digital infrastructure. The data protection strengths extended across stc's supply chain and tailored training for employees and contractors. Commenting on the ranking, Olayan Alwetaid, stc group's CEO remarked: 'This upgrade reflects stc group's sustainable growth and strong commitment to the highest ESG standards. It also recognizes our leading role and our positive contribution to advancing sustainability and transparency globally.' It is noted that the classification of the stc group in the MSCI index has witnessed rapid increases in recent years, as the group has been keen to enhance its efforts related to environmental protection, social responsibility, data security, and privacy. This is through adopting the best local and international standards and practices, employing sustainable technologies and innovative digital solutions, and empowering individuals and communities, along with adhering to the highest standards of integrity and transparency in all its practices. stc group is a digital enabler, offering advanced solutions and driving a role in the digitalization process. The group provides a comprehensive suite of services encompassing digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. The group comprises 13 subsidiaries across the Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe.
