As Saudi Arabia marks its National Day, stc group is highlighting the continued growth of its contribution to the national economy, with its Local Content Score reaching 53% in 2026, well above the Local Content and Government Procurement Authority’s ICT sector benchmark of 41%.
The achievement reflects stc group’s continued efforts to increase the economic value generated within the Kingdom through local procurement, services, workforce development and partnerships. The group’s Local Content Score has continued to increase over the past five years, reflecting the growing integration of local content across its operations and supply chain.
Central to this effort is rawafed, stc group’s dedicated platform for driving the national local content agenda. Through rawafed, the group works to maximize local spending, fostering innovation, and attract investments, while strengthening local capabilities. rawafed ensures that stc’s scale and reach translate into sustainable economic value for the Kingdom.
stc group continues to build on its contribution to the Kingdom’s economic transformation by investing in local capabilities, strengthening partnerships with Saudi businesses and supporting the development of a more competitive and sustainable digital economy.
Source: stc Press Release
