The Middle East’s
Top 100 Listed
Companies 2022
84. Solutions by stc *
Country: Saudi Arabia
Sector: Technology
CEO: Omer Alnomany
Market Value: $7.3 billion
Sales: $2.1 billion
Profits: $222 million
Assets: $1.9 billion
Solutions by stc offers connectivity, cloud services, system, and cybersecurity integration among services. It covers digitization and technology integration across real estate, education, oil & gas, telecom, banking, and government sectors. The company employs 1,500 people and has a customer base of more than 24,000 clients across 35 Saudi cities. In 2021, Solutions’ revenue grew by 13.4%. stc owns 79% of the company’s shares.