Commerce ministry: Shoppers can refuse receiving shipment if product is defective    Visitors at Prophet's Mosque reach over 14 million during first half of Ramadan    Meeting of emirs reviews enhancing security and achieving comprehensive and sustainable development "King and Crown Prince direct to make things easier for the people"    Saudi Arabia surpasses self-sufficiency in figs    Istituto Marangoni to open Riyadh campus in August 2025    621 car maintenance businesses operate under franchise system in Saudi Arabia    Ceasefire shatters as Israel pounds Gaza with wave of deadly strikes Death toll rises to 330    Crown Prince Historic Mosques Project restores Al-Abasa Mosque in Abu Arish    Civil Defense bolsters safety measures for pilgrims in Makkah and Madinah    Mexico arrests alleged MS-13 leader on FBI's most wanted list    Lebanon and Syria agree to ceasefire after cross-border attacks kill 10    Germany set to vote on historic increase in defense spending    Princess Reema bint Bandar greets Saudi Special Olympics team in Jeddah    AFC Champions League Elite Finals draw sets stage for Jeddah showdown    Cannes award-winning actress Dequenne dies at 43    Newcastle United ends 70-year wait for domestic glory with Carabao Cup triumph    Antenna: Saudi artist Ahmed Mater opens first solo exhibition in China    Al Nassr climbs to third with dominant win over Al Khaleej, Al Qadsiah slips after loss to Damac    Grand Mufti rules against posting prayers and preaching in mosques on social media    Man lives for 100 days with titanium heart in successful new trial    Singer Wheesung who wooed Korea with his ballads, found dead at 43    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



stc Enjoys Most Valuable Telecom Brand in Middle East
Published in Saudi Press Agency on 18 - 01 - 2023

stc Group has succeeded in maintaining the first rank as the most valuable brand in the Middle East in the telecommunication sector for the third year in a row, according to Brand Finance's Global 500 2023 report.
This achievement comes to highlight the group's success, continuous expansion, and growth since the "Dare" strategy launch in 2017. Over the past five years, the brand's value has increased by almost 100%, from USD 6.2 billion in 2017 to USD 12.3 billion in 2022. This achievement results from the brand's outstanding performance in maintaining its leadership position and enhancing its commercial strength in Saudi Arabia and the region.
In addition to being the most valuable brand, stc Group ranked among the fastest-growing brands in the region with a growth rate of 16.7%.
The "Brand Finance" report classifies brands worldwide by measuring brands' strength globally, using the "Brands Strength" index, external factors, and business performance. It also includes an evaluation of all companies' activities regionally and internationally. stc Group is considered to be the strongest brand in the Kingdom of Saudi Arabia, Bahrain, and Kuwait.
It is worth noting that Brand Finance is a world leader in brand valuation, and every year it ranks the strongest and most valuable brands. It evaluates more than 5,000 brands in all sectors and regions every year. Moreover, the "Brand Finance Global 500 2023" report includes the 500 most valuable brands worldwide.


Clic here to read the story from its source.