76. solutions by stc

Country: Saudi Arabia
Sector: Technology
CEO: Omer Abdullah Alnomany
Market Value: $9.1 billion
Sales: $2.3 billion
Profits: $281 million
Assets: $2.7 billion

solutions by stc offers connectivity, cloud services, system, and cybersecurity integration. It also covers digitization and technology integration across real estate, education, oil & gas, telecom, banking, and government sectors. In April 2023, solutions by stc acquired 100% of the Contact Center Company, a business process outsourcing (BPO) company in Saudi Arabia, with an enterprise value of $120 million. In 2022, it also acquired 88.19% stakes in Giza Systems and 34% of Giza Arabia, with an enterprise value of $158 million. Following these acquisitions, the company now has a presence in over 35 Saudi cities, as well as a regional footprint in Cairo, Dubai, Doha, Nairobi, Dar-es-Salaam, Abuja, Kampala, and New Jersey. stc owns 79% of the company's shares.