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Trends & Analysis
News

GBP/USD dips on contraction in UK’s retail sales

News

Week Ahead Preview: 20th of January

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Crude oil retreats from a 5-month high

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US banks report better-than-expected earnings

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Is Salesforce sending bullish signals?

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Are the oil bulls back?

Trends & Analysis
News

GBP/USD dips on contraction in UK’s retail sales

News

Week Ahead Preview: 20th of January

News

Crude oil retreats from a 5-month high

News

US banks report better-than-expected earnings

News

Is Salesforce sending bullish signals?

News

Are the oil bulls back?

Saudi Telecom Company (7010) – Introduction and background

Saudi Telecom Company (STC) is a Saudi telecommunications provider and tech company.

Established as the first telecommunications service provider in Saudi Arabia, Saudi Telecom Company (STC) was launched as a joint-stock company in 1998. Since then, the company has played a major role in shaping the Kingdom’s telecommunications sector, expanding across fixed line, mobile internet, internet services and IPTV. STC also owns a large stake in Spanish telecommunications giant Telefonica.

Headquartered in Riyadh, STC runs the Al-Jawal mobile network, as well as its own digital financial subsidiary, STC Bank, which offers digital wallets and payments.

Since its 2003 IPO, STC trades on Tadawul under the ticker 7010.

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