STC prepaid roaming services at low prices

Updated 03 June 2012

STC prepaid roaming services at low prices

STC has launched Sawa roaming, described as the first prepaid SIM card for international roaming services across the Middle East.
The offer is at low prices, up to 80 per cent in some cases.
STC sees this as the company's strategy to provide services, which exceed the customers' desires and expectations.
STC has launched this service to benefit customers who take a number of trips outside the Kingdom.
This service is considered as a better economic alternative aiming to allow customers to save on their travel expenses.
Without this service, customers depended on buying and selling local SIMs of countries they visited.
The SAWA service and lower costs for roaming will save time, effort and money for customers.
STC's services have always been characterized by high quality and efficiency, transparency and clarity.
STC launched Sawa Roaming for the prepaid SIM card for SR 299, with additional benefits such as SR 25 free credit, 100 minutes for calls, 5MB Internet and BlackBerry service, and 100 SMS roaming.
This offers a comprehensive roaming coverage internationally without the need to choose a favorite operator.
The package also provides customers with the connect me service (*140*) in order to make calls while they are roaming in case of unavailability of prepaid service calling in a destination country.
SAWA roaming will be made available to customers who use recharged local VIVA SIM cards in both Bahrain and Kuwait without any further charges.
STC's Internet package is available without limits to prepaid customers.
This is equal to the local weekly charge of SR 99 covering 12 countries in the region.
The activation code for this service is 55.
STC also started Extra service with a speed up to 1GB for SR 299 weekly charges, which includes 40 countries.
The activation code for this service is 6320.
The prepaid card for Internet and BlackBerry service up to 100MB is at a weekly charge of SR 70.
The activation code for this service is 66322.
Customers can send the activation code of their suitable package to number 902.

Saudi Arabia has lion’s share of regional philanthropy

Updated 27 April 2018

Saudi Arabia has lion’s share of regional philanthropy

  • Kingdom is home to three quarters of region's foundations
  • Combined asets of global foundations is $1.5 trillion

Nearly three quarters of philanthropic foundations in the Middle East are concentrated in Saudi Arabia, according to a new report.

The study, conducted by researchers at Harvard Kennedy School’s Hauser Institute with funding from Swiss bank UBS, also found that resources were highly concentrated in certain areas with education the most popular area for investment globally.

That trend was best illustrated in the Kingdom, where education ranked first among the target areas of local foundations.

While the combined assets of the world’s foundations are estimated at close to $1.5 trillion, half have no paid staff and small budgets of under $1 million. In fact, 90 percent of identified foundations have assets of less than $10 million, according to the Global Philanthropy Report. 

Developed over three years with inputs from twenty research teams across nineteen countries and Hong Kong, the report highlights the magnitude of global philanthropic investment.

A rapidly growing number of philanthropists are establishing foundations and institutions to focus, practice, and amplify these investments, said the report.
In recent years, philanthropy has witnessed a major shift. Wealthy individuals, families, and corporations are looking to give more, to give more strategically, and to increase the impact of their social investments.

Organizations such as the Bill and Melinda Gates Foundation have become increasingly high profile — but at the same time, some governments, including India and China, have sought to limit the spread of cross-border philanthropy in certain sectors.

As the world is falling well short of raising the $ 5-7 trillion of annual investment needed to achieve the UN’s Sustainable Development Goals, UBS sees the report findings as a call for philanthropists to work together to scale their impact.

Understanding this need for collaboration, UBS has established a global community where philanthropists can work together to drive sustainable impact.

Established in 2015 and with over 400 members, the Global Philanthropists Community hosted by UBS is the world’s largest private network exclusively for philanthropists and social investors, facilitating collaboration and sharing of best practices.

Josef Stadler, head of ultra high net worth wealth, UBS Global Management, said: “This report takes a much-needed step toward understanding global philanthropy so that, collectively, we might shape a more strategic and collaborative future, with philanthropists leading the way toward solving the great challenges of our time.”

This week Saudi Arabia said it would provide an additional $100 million of humanitarian aid in Syria, through the King Salman Humanitarian Aid and Relief Center.

The UAE also this week said it had contributed $192 million to a housing project in Afghanistan through the Abu Dhabi Fund for Development.