Borsat Al Khaleej Live Support
12/02/2026 04:37 AST
Saudi telco stc Group has announced that it has secured the tender for the SAR3 billion ($800 million) Silklink project from the Syrian government that involves the setting up of a 4,500 km fibre-optic network across the country, as well as establishing data centres and international subsea cable landing stations.
On the contract win, stc said it sees the Silklink project as an extension of its own strategy to expand its investments in cross-border digital infrastructure, and to build a regional connectivity system linking Arab, Asian and European markets.
The project is aimed at strengthening telecommunications infrastructure and connecting Syria regionally and internationally through the fibre-optic network, reported SPA.
The project will provide high data transmission capacities and enhanced reliability. This will enable telecommunications operators in Syria and the region to deliver advanced services and support digital applications, cloud services, and the Internet of Things.
It will also improve internet quality and upgrade Syria's digital infrastructure, it stated.
"The Silklink project forms part of stc Group's strategy to expand investments in cross-border digital infrastructure and to build a regional connectivity system linking Arab, Asian, and European markets," said a company spokesman.
This approach strengthens the group's position as a leading digital enabler in the region and supports its plans for sustainable growth in the telecommunications and digital services sector, he added.
Trade Arabia
01/06/2026
stc group, Saudi Arabia's leading digital enabler, has successfully delivered one of the world's most demanding digital and operational performances on the Day of Arafah.
This year, stc grou
Saudi Gazette
30/04/2026
Saudi Telecom Co. reported quarterly profits that exceeded analyst estimates in the first quarter of 2026, indicating continued resilience in the company's operational performance despite competitive
Arab News
29/04/2026
stc Group announced today the company's preliminary financial results for the period ending on 31 March 2026:
Revenues for the 1st quarter of 2026 reached19,939 million with a growth of 3.8%
Saudi Gazette
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ETIHADETISALAT | 62.95 | 0.70 (1.12 |
| ZAIN.KSA | 10.88 | 0.00 (0.00 |
| GOTELECOM | 94.85 | 3.20 (3.49 |
12/06/2026
Zain participated in a high-level roundtable discussion hosted by global media group The Business Year, in collaboration with the Kuwait Direct Investment Promotion Authority (KDIPA), under the title
Kuwait Times
12/06/2026
Gulf Bank welcomed students of Gulf University for Science and Technology (GUST) as they returned to campus for in-person classes at the start of the summer semester.
The Bank's team was pre
Kuwait Times
12/06/2026
With higher travel rates during the summer season, National Bank of Kuwait warns its customers and the public against scams associated with fake travel and online booking sites, as part of its ongoin
Kuwait Times
12/06/2026
2PointZero Group, a next-generation investment powerhouse focused on energy and consumer sectors, today completed the sale of its full 7.29 percent stake in Abu Dhabi National Energy Company PJSC (TA
Trade Arabia
12/06/2026
Emaar Properties is preparing to unveil a Dh200 billion master-planned development in the heart of Dubai, in what the company says will be one of the largest urban districts it has ever conceived.
Gulfnews