STC Group participates in the Saudi Public Investment Fund and Private Sector Forum

The telecommunications group “stc”, representing a pioneer in digital transformation in the Kingdom, participated in the Public Investment Fund (PIF) and private sector forum.

In the presence of the Chairman of the Board, Prince Mohammed bin Khalid bin Abdullah Al-Faisal, “stc” signed several agreements aimed at supporting the local economy.

Additionally, “stc” participated through its branch “Rawafed” in a workshop within the forum’s activities, presenting best practices to enhance localization of procurement and supply chains.

The CEO of “stc”, Alian Al-Watid, emphasized the importance of participating in such forums, where “stc” can contribute to supporting the local economy by providing globally recognized communication technologies, promoting digital transformation, and enhancing sustainable growth.

He explained that signing these agreements reflects “stc’s” commitment to collaboration with local partners and enabling innovation, as part of ongoing efforts to enhance local content and achieve the goals of Vision 2030.

Among the signed agreements was one with “Al-Jaza Trading and Contracting” to establish a specialized station for treating graywater, with the aim of reducing water waste and achieving sustainability.

“stc” also signed an agreement with “MasterWorks” to improve customer experience and enhance its capabilities in monitoring service performance. Additionally, an agreement was signed with “Ghazal” to provide environmentally friendly transportation at “stc’s” headquarters.

The agreements also included cooperation with “Sima” to develop a system that facilitates partner registration and verification, within the “Partner Center Improvement” initiative.

Contracts were signed with other local companies to develop infrastructure and support sustainability efforts, with a focus on improving and maintaining the external network infrastructure belonging to “stc”.

It is worth noting that the Public Investment Fund and Private Sector Forum aims to bring together the public and private sectors to support local content and enhance the growth of the private sector in the Kingdom.

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