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Prince Mohammed Bin Salman Nonprofit city appoints solutions by stc to Implement Smart City strategy
16 / 05 / 2022Prince Mohammed Bin Salman Nonprofit City has appointed solutions by stc, the kingdom’s leading IT services provider and digital transformation enabler, to implement the Smart City strategy, which is central to realizing the City’s vision of being a human-centered, advanced digital community.
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solutions Net Profit Rises in First Quarter of 2022
19 / 04 / 2022The Saudi company’s first quarter net profit, after tax and Zakat, rose to SAR 283 million, up from SAR 205 million in same period last year, representing a year-on-year increase of about 38%, or SAR 78 million.
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solutions announces 2021 annual financial result
15 / 02 / 2022Arabian Internet and Communication Services Company (solutions) announced today its 2021 annual financial results with a SAR 131 million increase in net profit compared to 2020. This, the company reported, was primarily due to an increase in gross profit by 20.1% (SAR 286 million) as a result of a 13.4% (SAR 924 million) rise in revenue with an increase in revenue cost by 11.7% (SAR 638 million).
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