stc Group announced that it has signed a strategic partnership agreement with New Square Development Company to enhance support in the effective implementation of ICT-related projects and works, and benefit from the innovative digital solutions provided by stc Group in the future.
Through this agreement, stc Group seeks to promote digital and technological transformation in major projects in the Kingdom of Saudi Arabia. Through this agreement, stc Group seeks to promote digital and technological transformation in major projects in the Kingdom of Saudi Arabia, and make a qualitative shift in the infrastructure and digital services provided by the modern real estate sector adopted by the Kingdom, which will benefit from the advanced technical solutions provided by the Group.
The CEO of stc Group said. <The CEO of stc Group, Eng. Alian bin Mohammed Alwataid, said: “This strategic partnership comes as a continuation of stc's role in the real estate sector: “This strategic partnership comes as a continuation of stc Group's pioneering role and its digital ecosystem as a national enabler of digital transformation, as “Downtown New Square” is one of the national projects that the Group believes in the importance of developing by providing digital technologies of international standards.“
For his part, the CEO of stc Group, Eng. <Michael Dyke, CEO of the New Square Development Company, said: ”The strategic partnership with stc Group will strengthen New Square's position as a destination that redefines urban development, enables digital transformation in the world's newest destination and improves the quality of life. The company seeks to be a leading model in innovation and sustainability, making it the most advanced modern Downtown in the world, accessible within a 15-minute walk.”
Michael Dyke, CEO of the New Square Development Company, said: ”The strategic partnership covers a wide range of projects. The strategic partnership between stc Group and ”New Square” covers the implementation of all projects and works related to ICT infrastructure, in addition to utilizing the multiple and innovative digital solutions provided by stc Group based on its experience in supporting smart digital cities, especially IoT solutions, artificial intelligence technologies, cloud and cybersecurity.
The strategic partnership between stc Group and ”New Square” covers all projects and works related to ICT infrastructure. The New Square is one of the exceptional destinations and a modern and international "Downtown" in Riyadh, where innovation, technology, nature and sustainability are combined to enhance the capital's development journey and improve the quality of life. The "cube" has a height, width and length of 400 meters, making it one of the largest urban structures in the world, and the New Square Development Company is working to provide a smart and advanced urban environment by applying the highest quality standards, promoting sustainable development and encouraging innovation.
This partnership complements the multiple and innovative digital solutions provided by stc Group in support of smart digital cities, especially IoT solutions, artificial intelligence, cloud technologies and cybersecurity. <This partnership complements stc Group's contributions to supporting the real estate and tourism sector in the Kingdom by providing advanced communication and information technologies to users and visitors. This partnership will contribute to raising the level of smart technology services in new urban projects and communities for the development and growth of the national economy. This partnership serves the national targets to achieve sustainable growth and enrich the lives of the Saudi community.
