Manama, Bahrain : stc pay has been awarded in the category of “New product/service launch” at the MEA Business Tech Achievement Awards organized by SAMENA Council. The award is in recognition of the innovative fintech services offered by stc pay, one of the Kingdom’s leading digital wallets.stc Bahrain continues to set benchmarks in the fintech sector by employing the latest tech advancements and addressing the growing need for on-the-go payment solutions. stc pay’s cutting-edge platform empowers users to effortlessly manage their finances, conduct seamless transactions with unparalleled ease. stc pay services have become a vital part of the Bahrain consumer landscape, empowering those with limited financial access in the Kingdom.Commenting on the award, stc Bahrain CEO and stc pay Chairman Eng. Nezar Banabeela said: “We are grateful to receive this prestigious award in honor of our dedicated platform, stc pay, that addresses the growing demand for smarter, faster and more versatile mobile payment solutions. We aim to continue advancing the latest tech developments– shaping the future of digital wallets and financial transactions in Bahrain. We look forward to what is coming next in terms of our fintech services and hope to continue spearheading the nation’s digital transformation journey.”stc pay was officially licensed by the Central Bank of Bahrain in partnership with Khaleeji Bank in March 2023 – as it plays a pivotal role in financially empowering the local community. Within less than one month of its launch, the app has been downloaded more than 50,000 times.

stc Bahrain, a world-class digital enabler, has partnered with Huawei to plant trees as part of the company’s ongoing “Trees for Life” campaign. As part of the collaboration, Huawei will plant 2,000 trees in various locations across the Kingdom. The partnership is a part of stc Bahrain’s commitment to preserve the environment and combat climate change by increasing the number of green spaces in Bahrain, in line with the Kingdom’s vision to double the number of trees by 2035. The campaign also aims to reduce desertification, address increasingly high temperatures and promote environmental awareness and air quality enhancement in Bahrain. stc Bahrain’s “Trees for Life” campaign was launched in 2021, in collaboration with the Supreme Council for Environment and the Ministry of Municipalities Affairs and Agriculture. 

stc Bahrain, a world-class digital enabler, has been awarded as the “Most Innovative Digital Solutions Brand” at the Global Brand Magazine’s 10th annual Global Brands Awards in Dubai. The award was presented to stc Bahrain for its role at the forefront of driving forward Bahrain’s digital transformation in line with the Kingdom’s Economic Vision 2030. Since its entry into the market, stc Bahrain has been instrumental in revolutionizing the digital landscape by investing heavily in the Kingdom’s digital infrastructure. stc Bahrain has expanded its offerings into new digital areas such as fintech, insuretech, gaming and more to help position the Kingdom as an advanced tech hub in the region.Eng. Nezar Banabeela, CEO of stc Bahrain, commented: “We are honored to receive this prestigious award in recognition of our efforts to advance the Kingdom’s digital transformation journey by introducing new innovative tech solutions to the market and grow our expanding portfolio. The award is a token of our dedication to diversify our offerings, enable the digital economy, and position Bahrain as a digital hub in the region. We hope to continue to work with stakeholders and government partners to advance the Kingdom’s digital offerings.”stc Bahrain received the recognition due to its continuously expanding portfolio that enables new innovative solutions in the Kingdom. We provide a multitude of innovative services such as converged Home offerings (Broadband, Content, Connectivity), fintech solutions through stc Pay a platform that provides on-the-go payment solutions offering several digital money opportunities and expanding its usage through collaboration with banks, remittance companies, financial services providers, and big merchants, in addition to Insuretech services through stc protect with motor insurance, extended warranty to travel insurance and roadside and home assistance is introduced, Gaming and more.Within the past year, stc Bahrain made advancements in the cloud services sector by partnering with Radian Arc to deploy a new point of presence in Bahrain to enhance the Kingdom’s cloud services in the region. Our business fintech solutions have evolved to include stc Tajer and Fleet management and more. Earlier this month, stc Bahrain partnered with Microsoft and cloud solutions provider Crayon to offer Microsoft services to its business customers. stc Bahrain also launched the Kingdom’s first standalone 5G network in partnership with Huawei and launched a dedicated International Network Operations Centre (iNOC), enabling stc to manage wholesale partners’ needs with improved efficiency, quality and SLAs t guarantee shortened response times. Earlier this year, stc Bahrain invested heavily to set up the region’s first data center in collaboration with the Ministry of Transportation and Telecommunications. 

stc Bahrain, a world-class digital enabler, is the Cyber Innovation partner at the largest gathering of cybersecurity professionals in Bahrain – connecting global leaders in the cyber and infosec community from around the globe. The Arab International Cybersecurity Summit will be held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of Bahrain, at the Exhibition World Bahrain from 6-8 December 2022.stc Bahrain was the first telecom operator in Bahrain to secure its network through a cloud-based cybersecurity solution, “Web Protect”. The service is offered to business customers to protect their digital assets and ensure customer safety by using an advanced threat intelligence platform. stc Bahrain also partnered with Sirar by stc to enhance its cybersecurity offerings for businesses in Bahrain, enabling businesses to manage digital risks effectively. The services are in line with the growing demand for cybersecurity solutions aligning with the Kingdom’s national ICT framework.Commenting on the partnership, Eng. Nezar Banabeela, CEO of stc Bahrain, said: “Cybersecurity remains a priority for us at stc Bahrain as we are implementing advanced technologies to keep businesses and customers in Bahrain digitally secure. We are proud to be named as the Cyber Innovation partner at the largest gathering of cybersecurity professionals in Bahrain and we are looking forward to taking part in insightful discussions about securing Bahrain’s digital infrastructure and the latest technological developments that will protect businesses in the Kingdom.”Co-hosting the event will be the National Cyber Security Centre (NCSC), as they are building a National Cyber Security Strategy to protect the Kingdom’s networks and infrastructures against cyber threats, cybercrime and espionage. The framework will address the new developments in the ICT sector that have integrated advanced technologies, providing a resilient infrastructure to combat rising cyber threats and attacks, and protecting the Kingdom’s digital infrastructure. The Managing Director of Faalyat, Amal Almurbati commented, “We are extremely delighted to be introducing the first ever ICS event in the country. In this event, we will be witnessing the outcome of two years of strategic planning and hard work to make this happen.”She added: “We are confident that the partnership with stc Bahrain will not only reinforce the importance of keeping the Kingdom safe and secure from cybercrime but will ultimately provide the perfect platform to engage, educate, inspire and build vital new business contacts for both the private and public sectors in the country.”The event will create the optimum environment for exhibitors to conduct business supported by a 3-day conference for global and regional industry leaders, experts and innovators to discuss critical aspects of the industry in a dynamic, knowledge exchange platform.General information on the event, schedule and participation can be gathered on https://www.arab-cybersecurity.com