stc Group signs an agreement to implement the Silklink project in Syria

09/02/2026 03:47 AST

stc Group, Saudi Arabia's leading digital enabler, announced that it has signed an agreement to implement the Silklink project in the Syrian Arab Republic.

This signing comes after the Group winning a competitive process for the project, which was attended by most regional telecommunications companies.

With an investment of more than SR3 billion, Silklink aims to enhance telecommunications infrastructure and connect Syria regionally and internationally via a fibre-optic network extending over 4,500 kilometers, alongside the establishment of data centers and international submarine cable landing stations.

The project provides high data transfer capacities and greater reliability, enabling telecom operators in Syria and the region to offer advanced communication services, and support digital applications, cloud services and the Internet of Things, in addition to improving internet quality and raising the efficiency of the digital infrastructure within Syria.

The Silklink project is an extension of stc Group's strategy to expand its investments in cross-border digital infrastructure, and to build a regional connectivity system linking Arab, Asian and European markets, which enhances the Group's position as a leading digital enabler in the region and supports its plans for sustainable growth in the telecommunications and digital services sector.


Saudi Gazette

News

stc lands $800m Syrian telecom infrastructure project contract

12/02/2026

Saudi telco stc Group has announced that it has secured the tender for the SAR3 billion ($800 million) Silklink project from the Syrian government that involves the setting up of a 4,500 km fibre-opt

Trade Arabia

stc group supports over 12mln Riyadh Season visitors with smart digital services and advanced network capabilities

16/01/2026

stc group enabled a seamless digital experience for more than 12 million Riyadh Season visitors through smart networks, high-speed connectivity, and real-time performance monitoring

Advanc

Saudi Gazette

STC Bank announces collaboration deal with Mastercard

13/01/2026

Mastercard has announced a collaboration with STC Bank, a subsidiary of state-owned Saudi Telecom Company, to empower its customers in the kingdom - both consumers and businesses - with greater acces

Trade Arabia

Most Viewed Companies

Ticker Price Volume

Valuation

STC Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
ETIHADETISALAT 65.60 -1.00 (-1.51%)
ZAIN.KSA 11.97 0.17 (1.44%)
GOTELECOM 96.80 2.80 (2.97%)

Recent News

Beyon Cyber named fastest-growing cybersecurity company by Deloitte

28/04/2026

BEYON Cyber has been recognised as the fastest-growing cybersecurity company in the region for the fourth consecutive year by Deloitte.

The company, part of the Beyon Group, secured its rank

GDN Online

Adnoc LNG tanker crosses Strait, headed to India, says report

28/04/2026

A liquefied natural gas (LNG) tanker managed ?by UAE's ADNOC has crossed the Strait of Hormuz and appears to be near India, ship-tracking data quoted by Reuters showed.

The 136,357 cu m tank

GDN Online

QNB's ISO 9001:2015 certification extended to international network

28/04/2026

QNB Group has expanded the scope of its ISO 9001:2015 certification for the Policies and Procedures Department within the Operations Control Division to include its diverse international network.

Gulf Times

Baladna achieves 6% net profit growth in Q1 2026

28/04/2026

Baladna Q.P.S.C., Qatar's leading dairy and juice company, announced its financial results for the three-month period ended 31 March 2026. The Company delivered strong profitability during the quarte

Gulf Times

Zain Kuwait tops Service Hero's Telecom ranking for 14th time, country's leading ISP for 10th time

28/04/2026

Zain Kuwait has reaffirmed its leadership in customer experience after ranking first in the Telecom category of Service Hero's Customer Satisfaction Index for the 14th time. The company also secured

Kuwait Times

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap