Vision 2030

stc Group’s tali ventures leads $10 million investment in Series B funding for NorthLadder

This funding round was spearheaded by tali ventures, with additional contributions from the Dutch Founders Fund and Crescent Ventures

FII8: Non-oil GDP now represents 52 percent of Saudi economy, Aljadaan says

The Minister noted that women's participation in the workforce has reached 35 percent, surpassing the vision's target of 30 percent 

FII8: stc Group joins hands with three new partners for Sustainability Champions program

The Group further reinforces its commitment to sustainability, connectivity, and technological advancement at FII8

FII8: Saudi Arabia strengthens framework for high-integrity carbon markets to achieve national emission reduction targets

Strategic collaboration between the Regional Voluntary Carbon Market Company, Clean Development Mechanism Designed Authority

FII8: PIF and Google Cloud to launch global AI hub in Saudi Arabia to support ICT goals, foster tech partnerships

This partnership grants customers access to Google Cloud’s technology, boosting growth and AI delivery 

FII8 conference explores geoeconomics and future investments

Highlighting the need for investment, development support, and strong legal frameworks to attract international investors 

stc Group inks strategic partnership with Future Investment Initiative Institute, 8th annual conference

stc Group will be participating in the panel session titled 'Is I.T. Infrastructure One-Size-Fits-All?'

Saudi Arabia’s real estate price index rises 2.6 percent in Q3 2024, fueled by residential and commercial growth

The residential sector was the main contributor to this overall increase, experiencing a 1.6 percent annual growth

NEOM opens Sindalah: A new luxury travel destination in the Red Sea

Set to welcome up to 2,400 guests per day by 2028, the unique island will generate around 3,500 jobs

Seamless Saudi Arabia 2024: Mastercard’s new infrastructure aims to support a secure digital payments ecosystem in Kingdom

This infrastructure and tailored services will enable secure, efficient processing of local ecommerce transactions

Saudi Aramco CEO advocates for revised energy transition plan addressing Asia’s needs

He noted that Asia and the Global South are often overlooked in transition plans, impacting the world 

Saudi Arabia, Egypt ink maritime connectivity agreement to enhance passenger transport and expertise exchange

The collaboration areas include yacht and marine passenger transport, plus passenger ferries

Gitex Global 2024: Saudi pavilion showcases 40 tech companies

The participation highlights Kingdom's dedication to enhancing the global footprint of its businesses

stc Group’s digital expertise to help develop neutral digital infrastructure for Diriyah project

Diriyah Company will utilize advanced technology and top-tier infrastructure to support the Kingdom's Vision 2030

Cruise Saudi to develop exclusive private Red Sea island for cruise ship tourism

During the initial phase, the island will have the capacity to host up to 2,000 guests

Building resilience for growth: The role of insurance in Saudi Arabia’s historic construction boom

Combining traditional products and alternative risk transfer mechanisms with proactive risk management strategies is key to a thriving construction business

Saudi Arabia’s NEOM to build $186.4 million concrete factory for The Line

This advanced concrete facility will use carbon capture and energy-efficient solutions to support THE LINE's construction 

Moody’s projects 5.5 percent growth for Saudi Arabia’s non-oil sector

The agency forecasts government spending will remain high at 30 to 32 percent of GDP over the next three years 

Saudi Arabia’s NEOM reveals first designs of Sindalah Yacht Club set to open soon

The club’s design showcases the richness of Italy's artistic heritage, with interiors that reflect the island's natural beauty

Red Sea Global, Marriott partner to launch The Ritz-Carlton in AMAALA

Set to open in 2025, the property will feature 391 guestrooms, with a mix of Marina Village, sea, and mountain views

Saudi Arabia announces pre-budget statement for FY 2025 with expenditures estimated at $346.95 billion, revenues at $319.68 billion

The Minister of Finance is confident in positive Saudi economic growth in 2025 and beyond, driven by reforms under Vision 2030

Saudi Arabia reports 23.4 percent rise in FDI net inflows to $3.12 billion in Q2 2024

Under Vision 2030, Saudi Arabia aims to attract $100 billion in FDI by the end of the decade

Saudi Arabia sees 656 percent surge in leisure tourists, welcoming 4.2 million in early 2024

The Kingdom welcomed 17.5 million international tourists from January to July 2024