RIYADH, SAUDI ARABIA – stc Group has signed several agreements with local partners at the Public Investment Fund’s (PIF) Private Sector Forum here.
stc Group was represented at the Forum by Rawafed who also participated in a workshop dedicated to improving localization of procurement and supply chains, a press release said.
The annual event brings together policymakers, key local private sector players, visionaries and industry leaders to discuss and catalyze and accelerate economic growth opportunities within the Kingdom’s private sector.
Olayan Al-Wetaid, Group CEO said, “At stc Group, we are dedicated to providing world-class connectivity, driving digital transformation and empowering sustainable growth.”
He said, “These agreements represent collaboration with local partners and empowering innovation, through which we will unlock new opportunities, drive positive change, and contribute to enhancing local content, driving the realization of Vision 2030’s ambitious goals for our nation.”
The agreements signed covered a range of strategic stc Group objectives, from sustainability to digital transformation.
Capping off stc Group’s involvement, Rawafed participated in the ‘Maximizing Local Content in Procurement’ workshop and exhibition, providing the opportunity for direct registration to local partners, allowing them to showcase technological investment opportunities.
It also provided examples of how stc Group is one of the Kingdom’s best-practice leaders in localization.
The workshop provided an opportunity to exchange experiences and insights on how local procurement and localization of supply chains can be bolstered.