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Arabian Internet and Communication Services Company
It sells internet, cloud, and IT services that keep big organizations running.
Solutions by stc is the tech backbone for Saudi Arabia's big organizations. It sells the internet pipes, the cloud space, and the people who keep computer systems alive, mostly to businesses and government bodies rather than to you at home.
The company's main job is core ICT — connecting offices, building networks, and running the systems that keep a bank, hospital, or ministry working. On top of that it offers managed IT operations, meaning it takes over the day-to-day care of a customer's computers and networks so the customer can forget about them. And it sells digital services, the newer and faster-growing bit that includes things like cloud, cybersecurity, and data centers. It works like a trusted contractor. Companies could hire all these people themselves, but it is cheaper and easier to hand the job to a specialist who already owns the equipment and knows how to run it. The profit comes from long-term contracts and from reselling technology from global partners, which makes revenue steady but leaves the company only a modest slice of each deal.
The big tailwind is Saudi Arabia's push to move its economy beyond oil, and its official Vision 2030 plan to digitize government and business has funneled a lot of that spending toward local tech providers. That is a nice place to stand. The risk is that the same government spending is so much of the demand, and that it is closely tied to how fast big projects actually get built and paid for.
Saved answer · last researched 12 Nov 2026