Chairman’s statement

shaping intelligent possibilities

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solutions by stc has continued to strengthen its role as the region’s foremost catalyst of intelligent digital transformation. This was a year defined by ambition matched with disciplined execution, where strategic direction, investment, and technological capability converged.

#1

IT provider in the Kingdom

CEO
Riyadh Muawad
Innovation continues to shape our trajectory, guiding solution development and ecosystem collaboration.

Riyadh Muawad

Chairman of the Board

We advanced national priorities while accelerating innovation across government, enterprise, and society. From reimagining healthcare decision-making through AI to enabling smart mobility ecosystems and advancing digital infrastructure for cities, we demonstrated how technology can elevate quality of life, increase productivity, and unlock future growth.

Navigating a rapidly evolving sector

The Saudi technology market continued to transform at pace, driven by regulation, global competition, and the rapid integration of AI. AI moved beyond experimentation and emerged as a core driver of operational efficiency, enhanced user experiences, and new business value.

These shifts prompted us to evolve from a traditional digital solutions provider into an AI-driven transformation partner. Our strategic positioning deepened, supported by stronger alignment between offerings, commercial, and delivery capabilities, enabling faster innovation cycles and higher impact for clients.

Partnerships were central to this shift, with collaborations formed to co-design next-generation ecosystems and accelerate AI adoption across cloud, managed solutions, and digital platforms. These efforts reflect a broader transition underway within the Kingdom toward intelligent, data-enabled, and predictive service models.

We continue to align closely with Vision 2030, driving economic diversification, public sector efficiency, and sustainable development.

Advancing the Kingdom’s digital agenda

solutions by stc continued to align closely with Vision 2030, driving economic diversification, public sector efficiency, and sustainable development. AI-enabled platforms enhanced healthcare capacity, digital infrastructure improved service responsiveness, and smart urban investments supported mobility innovation. These contributions strengthened our role as a trusted enabler of national progress and a source of measurable value for stakeholders.

The year delivered strong financial momentum supported by disciplined execution, rising demand, and a sharp focus on scalable, technology-driven solutions.

Driving strategic innovation and partnerships

Innovation continued to shape our trajectory in 2025, guiding both how we build solutions and how we collaborate across the ecosystem. The enterprise network marked an important leap forward, enabling a new generation of enterprise network services underpinned by automation, analytics, and intelligence. Such offerings demonstrate our efforts in spearheading the next wave of intelligent market offerings, signaling a focus on commercializing differentiated offerings that serves national priorities.

These efforts illustrate a deliberate evolution. We are not simply adopting new technologies but co-creating ecosystems, anchoring national capability, and generating long-term value through integrated platforms and partnerships. By bringing together talent, technology, capital, and national ambition, we are strengthening our role as a catalyst for intelligent transformation across the Kingdom’s key industries.

Governance that builds trust

Robust governance remained a core pillar of confidence and continuity in 2025. A renewed Board brought fresh perspective and reinforced disciplined oversight, ensuring decisions were grounded in transparency, accountability, and long-term value creation. Throughout the year, we advanced our governance maturity by enhancing enterprisewide risk management, with particular focus on cybersecurity resilience, regulatory compliance, and proactive risk visibility across our business units.

Sustainability continued to be embedded within strategic priorities rather than treated as an adjunct activity. Investments in energy-efficient technologies, healthcare collaboration, education programs, and national capability development supported broader socio-economic objectives and reflected our alignment with Vision 2030. These efforts demonstrated how responsible stewardship and stakeholder commitment remain integral to our growth journey, enabling us to contribute meaningfully to national progress while strengthening trust among customers, partners, shareholders, and society.

At solutions by stc, sustainability continues to be embedded within our strategic priorities rather than treated as an adjunct activity.

Looking ahead

We enter 2026 from a position of strength, ready to deepen our influence across Saudi Arabia and the wider region. Growth will be driven by expanding AI-powered solutions across sectors, reflecting rising national demand for predictive automation, real-time intelligence, and connected infrastructure. We will continue reinforcing our cloud leadership through enhanced multi-cloud management and integration layers that enable organizations to modernize operations with greater scalability and security. At the same time, our expanding application and platform integration capabilities will improve interoperability for customers, supporting more seamless digital transformation journeys.

To accelerate this trajectory, we will advance our business process outsourcing (BPO) offerings across HR, supply chain, finance, accounting, and facilities management, helping clients improve efficiency and resilience while focusing on core business growth. Partnerships and acquisitions will continue to be strategic levers for capability expansion, while our investment in innovation-driven talent will support the national ambition of building a diversified, knowledge-based economy. With clear priorities, proven execution power, and alignment with Saudi Arabia’s Vision 2030, we will continue shaping intelligent possibilities, enabling a smarter, more connected future for the Kingdom and the region.

Acknowledgments

On behalf of the Board, I extend our appreciation to our shareholders for their trust and belief in our strategic direction, which enables us to pursue bolder ambitions and create enduring value. I also recognize our employees, whose dedication, expertise, and ingenuity continue to power our progress and translate vision into outcomes. Together, we remain focused on shaping intelligent possibilities for the Kingdom and advancing a future defined by innovation, resilience, and shared prosperity.

We will continue shaping intelligent possibilities, enabling a smarter, more connected future for the Kingdom and the region.