Latest news with #stcBahrain
Zawya
2 days ago
- Business
- Zawya
Stc Bahrain becomes first telecom to launch Samsung Pay, pioneering digital payments
Manama, Bahrain: stc Bahrain, a digital enabler, has announced a significant milestone in its commitment to digital innovation with being the first telecommunications provider to launch Samsung Pay, offering its customers a secure and efficient way to make contactless payments using compatible Samsung devices. This service, which is available now on My stc BH App, enables users to complete transactions for bills, add-ons, and digital gift cards with ease, reflecting stc Bahrain's commitment to introducing innovative solutions that align with modern digital lifestyles. Commenting on the launch, Karim Tabbouche, Chief Consumer Officer at stc Bahrain said: 'We are excited to announce the new payment addition of Samsung Pay on My stc BH App, for our customers. We are committed to embracing digital technology across all our products and services, to redefine our customers' experience. With Samsung Pay, we aim to empower our customers with solutions that elevate their digital interactions and set new standards for convenience and security.' The integration of Samsung Pay introduces advanced security measures, including tokenization and biometric authentication, ensuring safe and reliable transactions. With this launch, stc Bahrain continues to enhance its digital ecosystem by adopting technologies that prioritize customer convenience and simplify payment processes. This initiative highlights stc Bahrain's role in driving technological advancements across the Kingdom, empowering customers with tools that streamline their everyday interactions.
Zawya
7 days ago
- Business
- Zawya
stc Bahrain inks strategic partnership with Singapore Gulf Bank
Bahrain - stc Bahrain, a digital enabler, has announced a strategic partnership with Singapore Gulf Bank Bahrain to deliver advanced IT infrastructure and services that will enhance the bank's operational efficiency and customer experience. This collaboration marks an important milestone for stc Bahrain as it continues to empower businesses with innovative technology solutions while supporting Bahrain's Economic Vision 2030, which emphasizes innovation, sustainability, and the development of a strong financial sector, said a statement from the company. Through this partnership, stc Business will provide Singapore Gulf Bank Bahrain with customized IT solutions designed to streamline operations, optimise processes, and support the bank's efforts to adapt to the evolving demands of the financial sector. By integrating modern technology into its systems, Singapore Gulf Bank aims to improve service delivery and achieve greater operational resilience, it stated. By supporting businesses in their digital transformation journeys, stc Bahrain continues to demonstrate its role as a key player in advancing technological capabilities across industries and contributing to the Kingdom's long-term economic goals. "This partnership reflects our commitment to enabling businesses to thrive in today's digital economy, remarked Hesham Mustafa, the Chief Business Officer at stc Bahrain. "By equipping Singapore Gulf Bank Bahrain with advanced IT solutions, we are helping them achieve their goals while reinforcing our position as a trusted provider of transformative technology services," he stated. Ali Moosa, Executive Vice Chairman of SGB, said, 'Partnering with stc Bahrain marks an important step in building a future-ready, resilient digital bank built for the world." "By integrating advanced infrastructure and IT services, we are strengthening our ability to deliver seamless and secure financial services, in line with our mission to bridge traditional and digital finance,' he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
21-07-2025
- Business
- Zawya
Stc Bahrain partners with Singapore Gulf Bank to enhance banking operations through advanced IT solutions
Manama, Bahrain: stc Bahrain, a digital enabler, has announced a strategic partnership with Singapore Gulf Bank Bahrain to deliver advanced IT infrastructure and services that will enhance the bank's operational efficiency and customer experience. This collaboration marks an important milestone for stc Bahrain as it continues to empower businesses with innovative technology solutions while supporting Bahrain's Economic Vision 2030, which emphasizes innovation, sustainability, and the development of a strong financial sector. Through this partnership, stc Business will provide Singapore Gulf Bank Bahrain with customized IT solutions designed to streamline operations, optimize processes, and support the bank's efforts to adapt to the evolving demands of the financial sector. By integrating modern technology into its systems, Singapore Gulf Bank aims to improve service delivery and achieve greater operational resilience. Hesham Mustafa, Chief Business Officer at stc Bahrain, commented, "This partnership reflects our commitment to enabling businesses to thrive in today's digital economy. By equipping Singapore Gulf Bank Bahrain with advanced IT solutions, we are helping them achieve their goals while reinforcing our position as a trusted provider of transformative technology services. Ali Moosa, Executive Vice Chairman of SGB, said, 'Partnering with stc Bahrain marks an important step in building a future-ready, resilient digital bank built for the world. By integrating advanced infrastructure and IT services, we are strengthening our ability to deliver seamless and secure financial services, in line with our mission to bridge traditional and digital finance.' By supporting businesses in their digital transformation journeys, stc Bahrain continues to demonstrate its role as a key player in advancing technological capabilities across industries and contributing to the Kingdom's long-term economic goals. About stc Bahrain stc Bahrain, a subsidiary of stc Group, is the fastest-growing, most innovative digital enabler in Bahrain. Since entering Bahrain's telecommunications market in 2010, stc Bahrain has revolutionized the telecommunications industry in the Kingdom of Bahrain and emerged as a market leader. This position has been maintained through consistent investment in next-generation technologies and innovative products and services, including advancements in cybersecurity, cloud computing, and mobile payments, and wholesale connectivity solutions. Our achievements include being the first in the region to pilot the foundation of 5.5G, launching the world's first structured Web3 Launchpad program, and driving blockchain innovation in the Middle East and beyond. This aligns with Bahrain's Economic vision 2030, with ICT as a key driver of sustainable economic growth. In 2018, stc Bahrain disrupted fintech with its stc pay ecosystem of services, which has evolved to become a subsidiary of stc Bahrain, officially licensed by the Central Bank of Bahrain. stc pay is an all-inclusive digital wallet, making financial services more accessible and driving the Kingdom toward a cashless future. Over the past decade, we've consistently topped Bahrain's Telecommunications Regulatory Authority's Quality of Service report, reflecting our dedication to wide coverage and high-quality service. Through investments in Bahrain's telecom sector, our evolution into a forward-thinking digital enabler aligns with the Kingdom's Economic Vision 2030. The company's persistent dedication to innovation has earned it multiple awards, positioning it as a driving force in delivering telecommunication, digital, and mobile financial services for everyday customers, homes, and businesses. stc Jusoor, the company's corporate social responsibility arm (meaning "bridges" in Arabic), aligns with Bahrain's Economic Vision 2030 and individual empowerment. Focusing on Community, Family, Eco, and Tech as key pillars, stc Jusoor's initiatives balance community development and technology, connecting and empowering individuals through the free exchange of experiences, ideas, and information. Today, stc Bahrain stands not only as the preferred Telecommunications network in Bahrain but also as the most forward-looking digital enabler. About SGB SGB is a fully licensed digital bank serving an ecosystem of global investors, innovators and institutions. Founded in 2024, is regulated by the Central Bank of Bahrain (CBB). The bank is backed by Whampoa Group, a Singapore-based investment holdings company and Mumtalakat, the sovereign wealth fund of the Kingdom of Bahrain.
Bahrain This Week
17-07-2025
- Business
- Bahrain This Week
stc successfully lands the first Bahraini submarine cable system; 2Africa Pearls in Bahrain
Marking a significant milestone in global connectivity, stc has announced that the 2Africa cable system – Pearls, the world's longest submarine cable, has successfully landed in Bahrain. With a US$ 205 million investments in 2Africa Pearls submarine cable system, this massive lift up in international connectivity toward Bahrain will reinforce the Kingdom as a powerful ICT hub, speeding up digital transformation across connected countries, attracting significant international investment opportunities, creating jobs and boosting innovation across sectors. The live landing of 2Africa Pearls submarine cable system next to Seef District on 4th of June was witnessed by H.E. Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications and Telecommunications and Eng. Khalid Al Osaimi, Chief Executive Officer, stc Bahrain. The landing operation, which involved connecting the on-board cable to the ground infrastructure, was completed in record time. On this occasion, H.E. Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, expressed pride in Bahrain's advanced telecommunications infrastructure, noting that this achievement reflects the Kingdom's commitment to strengthening its position as a regional and global digital hub, in line with the goals of Bahrain's Economic Vision 2030. He emphasized the Ministry's dedication to fostering fruitful partnerships with the private sector, especially the strategic collaboration with stc Bahrain, which stands as a successful model of public-private synergy in advancing digital transformation. H.E. added that the landing of the 2Africa Pearls submarine cable in Bahrain represents a qualitative leap that will enhance the Kingdom's global connectivity, support its digital economy, and open new horizons for innovation and investment. Eng. Khalid Al Osaimi, Chief Executive Officer of stc Bahrain said, 'We are thrilled to land the 2Africa Pearls submarine cable to Bahrain, this will increase Bahrain's current connectivity capacity by 10x, further scalable to accommodate future growth. This is in line with our commitment to advancing Bahrain's position as a leading communications and digital hub for the region, directly aligning with Bahrain's Economic Vision 2030, and its goals for the ICT sector to create a diversified, knowledge-based economy.' Spanning 45,000 km with a massive 180 terabits per second design capacity, the 2Africa submarine cable will enable faster adoption of new technologies and digital solutions. 2Africa Pearls is the only cable in GCC capable of meeting the growing demands of data-heavy applications, including content streaming, cloud computing, and gaming. With the landing of 2Africa Pearls submarine cable system, the cable's massive capacity and low latency will serve as a catalyst for innovation and growth in emerging technologies like 5G, AI, and IoT, providing the essential infrastructure needed to support data-intensive applications and services. The increased connectivity will empower businesses with improved communication, access to global markets, and enhanced operational efficiency. Moreover, for consumers, this transformative project will provide reliable internet services and richer digital experience.
Zawya
15-07-2025
- Business
- Zawya
Stc Bahrain reveals winners of the 12th InspireU General Program 2025 as it returns to Bahrain for the second time
Manama, Bahrain: stc Bahrain, a digital enabler, is proud to announce Doo and Indi Souq, two innovative Bahraini start-ups, as the winners of inspireU General program which was held for the second consecutive year in Bahrain. This initiative aims to empower Bahrain's entrepreneurial ecosystem by equipping start-ups with the tools and resources needed to succeed in today's competitive market. The winners were selected following an intensive bootcamp at stc Bahrain headquarters. The bootcamp featured coaching sessions led by industry experts Al Harith Al Attawi, CEO of Shafra Technology Labs, and Hisham Al Saati, Co-Founder of Siin, who helped participants refine their business strategies. On the second day, 20 start-ups pitched their business plans to a panel of judges, including Mr. Jawad Mahmood Jawad, CEO of Jahez; Abdulrahman Al Zuhair, Head of inspireU at stc; and other members from stc Bahrain management. The judges evaluated the pitches based on innovation, scalability, and impact. As part of the inspireU program, the winning start-ups will receive financial support, mentorship, and access to stc's extensive network. They will also participate in national and international exhibitions, workshops, and other events designed to accelerate their growth. Launched by stc Group in 2015, the inspireU accelerator program supports entrepreneurs across Saudi Arabia, Kuwait, and Bahrain. By promoting innovation and connecting start-ups with mentors, investors, and industry leaders, the program helps transform ideas into successful businesses. In Bahrain, inspireU aligns with the Kingdom's vision for economic diversification and reinforces stc Bahrain's commitment to driving digital transformation.
