Launch of 5G corporate services in KSA in 2020

Nasser bin Sulaiman Al-Nasser, STC Group CEO, was speaking at the STC Media Club meeting held on the sidelines of GITEX 2019 in Dubai.
Updated 12 October 2019

Launch of 5G corporate services in KSA in 2020

Nasser bin Sulaiman Al-Nasser, STC Group CEO, said STC has increased the number of sites equipped with 5G in various regions across Saudi Arabia. He said the fifth-generation (5G) corporate services will be launched in early 2020 and that today the Kingdom is considered among the countries best prepared for the launch of these services.

During the STC Media Club meeting held on the sidelines of GITEX 2019 in Dubai, Al-Nasser said the Kingdom’s support to the telecommunications sector has contributed to the development and growth of this sector, as well as improvement of its infrastructure in record time, in order to achieve the digital transformation goals outlined in Saudi Vision 2030 and the National Transformation Program 2020.

In this context, he pointed out that InspireU, the Kingdom’s first corporate incubator/accelerator for startups addressing ICT/digital innovation, features 28 projects, with a total investment value of SR60 million ($16 million). 

Al-Nasser said: “The market value of these investments is SR300 million. InspireU includes 16 million employees, and has contributed to the creation of 160,000 employment opportunities, including part-time jobs.” 

Abdullah Al-Kanhal, senior VP of corporate affairs at STC, said InspireU, along with STC, supports innovative youth projects with funds and expertise.

New media specialist Dr. Ammar Bakkar showcased a presentation entitled “The Impact of 5G Networks on the Future of Telecommunications and Media.” Furthermore, three projects supported by the Saudi telecom giant were also highlighted. These include: Micro-lending application Sulfah; Carwah, which provides integrated data to facilitate car rental services; and Ayen, which aims at helping in the assessment of the effectiveness of prefabricated houses.


Hyundai donates 24 vehicles to Saudi Red Crescent

Updated 20 October 2020

Hyundai donates 24 vehicles to Saudi Red Crescent

Hyundai Motor Company is supporting the Saudi Red Crescent Authority’s (SRCA) ongoing efforts to combat the COVID-19 pandemic by contributing 20 fully equipped ambulances and four support vehicles of the Hyundai H-1 model. The automaker aims to assist the frontline workers and public during these unprecedented times by offering the H-1 ambulances to seamlessly transport the health care professionals, the elderly and others.

The contribution is part of Hyundai’s commitment to giving back to the community and supporting the SRCA’s remarkable work in addressing the spread of the coronavirus in Saudi Arabia.

Hyundai is working hand-in-hand with its authorized distributors in the Kingdom — Al-Wallan Trading Company, Mohamed Yousuf Naghi Motors Company and Almajdouie Motors — to align its efforts with the government’s directives to deal with the situation.

Hyundai’s distributors will work closely with the official authorities in Saudi Arabia to deliver the vehicles directly to the SRCA.

Bang Sun Jeong, vice president and head of Middle East and Africa operations at Hyundai, said: “Caring for humanity has always been at the heart of Hyundai’s vision. We did not hesitate in taking this initiative with Hyundai distributors in the Kingdom during these challenging times, and we are proud of their association with the Saudi Red Crescent Authority in the fight against this pandemic.

“This contribution is another step in the direction of making a positive difference in the Saudi community and we believe by strengthening the relationships between the private and public sectors, it will benefit the Saudi Red Crescent Authority and help support members of the community across the Kingdom.”

He added: “We sincerely hope our efforts contribute toward making a difference in this fight, and we believe if we stay together, we can overcome anything. We hope this pandemic can soon come to an end and we can help people get back to their daily lives.”

Established in 1967, Hyundai Motor Company offers a range of vehicles and mobility services in more than 200 countries. Hyundai Motor sold more than 4.4 million vehicles globally in 2019, and currently employs some 120,000 personnel worldwide. The company is enhancing its product lineup with vehicles designed to help usher in a more sustainable future, while offering innovative solutions to real-world mobility challenges.