stc recently announced the launch of its initiative to establish a major digital hub 'MENA Hub' for the Middle East and North Africa with an investment of 1 billion USD.
The hub will link three continents, benefiting from the strategic location of the Kingdom, and promoting investment in international communication services and data centers. The hub will include the installation of a number of highly efficient cables to meet the future requirements of cloud services, by investing in an advanced fiber optic network that ensures continuous availability of services.
Technologies such as 5G, artificial intelligence and augmented reality are used in stc's innovative products and services, while new technologies such as the Internet of Things and cloud technology are accelerating in achieving sustainability goals. Therefore, stc provides impartiality and transparency to the products of the Saudi market in line with business sustainability through the diversity and flexibility of its assets. This comes by creating the right environment for an open market concept that enriches the ecosystem in developing countries where all customers and partners (content providers, cloud providers, international and national carriers) can communicate directly or through other means.
