stc Group, a prominent digital enabler and strategic ally of FII8, announced three companies that are joining forces with the Group as part of the Sustainability Champions program at the 8th Edition of FII in Riyadh. The Group further reinforced its commitment to sustainability, connectivity, and technological advancement at the event which has been held under the theme ‘Infinite Horizons: Investing Today, Shaping Tomorrow’.
Companies joining the initiative
- Alat: A company under the Public Investment Fund (PIF) that aims to revolutionize global industries, particularly in electronics and industrial sectors, by establishing a premier manufacturing hub in Saudi Arabia. Alat leverages clean energy to promote sustainability, innovation, and industrial growth.
- Dr. Sulaiman Al Habib Medical Group: The largest private healthcare provider in the Middle East, offering a comprehensive range of healthcare services, pharmacy operations, and technological solutions. The group manages over 2,000 beds across more than 25 medical facilities in Saudi Arabia and the United Arab Emirates.
- solutions by stc: A leader in information technology services within the Kingdom, providing an extensive array of integrated technology solutions to facilitate digital transformation for both public and private sectors. The company delivers essential ICT services to assist businesses in effectively managing and expanding their daily operations.
Amit Midha, CEO of Alat; Faisal Al Nassar, CEO of Dr. Sulaiman Al Habib Medical Group; and Omer Alnomany, CEO of solutions by stc, signed pledges at FII8 – Future Investment Initiative 8th Edition to engage in the Sustainability Champions Program. This initiative further aligns with FII’s goals to tackle pressing global challenges through innovative thinking and sustainable development.
Support areas
stc Group will provide support to these three companies in various areas, including but not limited to:
- Evaluating their current sustainability baseline
- Creating a roadmap for enhancing sustainability practices
Moreover, the program serves as a knowledge transfer and partnership initiative aimed at advancing sustainability practices across the private sector in Saudi Arabia.
stc Group has been recognized as one of the leading Saudi companies in corporate sustainability, alongside 19 other organizations across seven sectors, highlighting the Group’s ongoing commitment to integrating sustainability into its operations.
stc Group
stc Group acts as a catalyst for digital transformation, delivering cutting-edge solutions and playing a pivotal role in the digitization journey. The group offers an extensive range of services, including digital infrastructure, cloud computing, cybersecurity, Internet of Things (IoT), digital payments, digital media, and digital entertainment. It consists of 13 subsidiaries operating throughout the Kingdom of Saudi Arabia, the Middle East, North Africa, and Europe.
Alat
Alat is dedicated to transforming global industries, particularly in electronics and industrial sectors, by establishing a world-class manufacturing hub in the Kingdom fueled by clean energy to foster a better future. The company aims to provide sustainable manufacturing solutions that assist global enterprises in reducing their emissions and progressing toward carbon-neutral production. Founded and supported by the Public Investment Fund (PIF), Alat plays a crucial role in achieving the Vision 2030 objectives related to economic diversification, industrial advancement, innovation, and job creation. Alat’s primary mission is to encourage global companies to implement sustainable manufacturing practices in the Kingdom, taking advantage of the country’s abundant green energy resources, strategic geolocation, and significant investments in technology. Initially, its key focus areas will include semiconductors, smart devices, smart buildings, smart appliances, smart health solutions, advanced industrials, and next-generation infrastructure.
Dr. Sulaiman Al Habib Medical Group
Dr. Sulaiman Al Habib Medical Group is the largest private healthcare provider in the Middle East, delivering a comprehensive array of healthcare services, pharmacy operations, and technological solutions. The organization manages over 2,000 beds across more than 25 medical facilities in Saudi Arabia and the United Arab Emirates.
solutions by stc
solutions by stc is a trailblazer in information technology services within the Kingdom, providing a broad spectrum of integrated technology solutions to facilitate digital transformation for both public and private sectors. The company offers essential ICT services designed to assist businesses in efficiently managing and scaling their everyday operations.
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