stc Group

stc Group, established in 1998, is the largest telecommunications and digital services provider in Saudi Arabia, offering a comprehensive range of services including mobile, internet, and digital solutions. The company operates as a conglomerate, managing various subsidiaries and joint ventures across the Middle East and North Africa. stc Group has a strong presence in the ICT sector, leading in both consumer and enterprise segments. The company is committed to driving digital transformation and economic diversification in line with Saudi Arabia's Vision 2030.

In recent years, stc Group has expanded its investment activities through its corporate venture capital arm, Tali Ventures, which focuses on early to growth-stage startups in sectors such as artificial intelligence, financial technology, cloud computing, and cybersecurity. Tali Ventures has invested in companies like Nile, Rewaa, NearPay, and NorthLadder, aiming to foster innovation and support the growth of the digital ecosystem. Additionally, stc Group has launched the Corporate Investment Fund (CIF) to invest in early-stage startups in areas including fintech, cybersecurity, artificial intelligence, digital gaming, IoT, and blockchain, further solidifying its role as a key player in the region's digital economy.

stc Group's strategic investments also include a 9.97% stake in Telefónica, a leading global telecommunications company, reflecting its commitment to expanding its international footprint and influence in the global telecom industry. The company continues to explore opportunities to enhance its portfolio and contribute to the advancement of digital services both locally and internationally.