Page 22 - SAMENA Trends - March-April 2023

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

MEMBERS NEWS

stc Group Confirms Its Outstanding Achievements
in Driving Sustainability in the Middle East

stc Group, the leading digital enabler in the
region, won the sustainability Middle East
Champion of the year award 2023. The
awards were arranged by “SME Awards –
Sustainability Middle East”, highlighting
the ME's best sustainability and climate
actions. On behalf of the stc group, Mashaal
AlRubaian, General manager of corporate
communication at stc, received the award
during the ceremony held in Dubai, UAE. The
group focused on sustainability practices
recognizing extraordinary achievements,
including driving the sustainability agenda
for the Middle East region. With climate
change becoming an existential threat, stc
worked towards accomplishing net-zero
/ low-carbon emission and sustainable
operations and adopted innovative
sustainability strategies by migrating to
renewable energy sources, eco-friendly
raw materials, and technologically
advanced low-carbon-footprint machinery
and equipment. stc was awarded due to
standing out by its unique sustainability maximize its positive impact on the group is committed to reducing the
program implemented on the ground while environment, exceed environment legal environmental impact of its fleet through
demonstrating measurable improvements obligations imposed by relevant laws a combination of cleaner vehicles, fuel-
in making industry and day-to-day living and regulations, continuously update and efficient operation systems, minimizing
cleaner and greener for the people in the improve its environmental management waste and preserving biodiversity.
Middle East. It is well noted that in February system, by creating related objectives, Furthermore, the stc group confirmed its
2023, stc group signed the environmental science-based targets and deploying commitment to raising awareness of the
position statement and committed to specific mitigation programs in addition importance of environmental protection
fulfilling its obligations, including the to minimizing energy consumption, and sustainability for all its stakeholders
reduction in the environmental impact reducing GHG emissions, promoting and performing yearly internal and external
of stc’s products, services and network energy efficiency and integration low verifications to ensure the accuracy and
operations by driving digitalization to carbon energy solutions. Moreover, the credibility of its environmental data.

stc Tower Company to Buy Towers in Eastern Europe

stc Group, an engine of digital transformation to expand its international footprint in key including recent investments in ICT, IoT,
in the MENA region, announces that its markets with significant growth potential. Cloud, Cybersecurity, Fintech and digital
ICT infrastructure subsidiary, TAWAL, has Marking TAWAL’s first step in Europe, this entertainment through its subsidiaries.
signed an agreement to acquire United move represents a major milestone in its Following completion of the acquisition,
Group’s telecommunications tower assets. international expansion journey and stc TAWAL will own and operate more than
The agreement, valued at EUR 1.220 bn Group’s growth ambitions which have 4,800 sites across Bulgaria, Croatia, and
supports stc Group’s ambitious strategy been active growing in the ICT adjacencies Slovenia (all European Union member

22 MARCH-APRIL 2023