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Arabian Internet and Communications Services

Full company profile

uuid028vhlu

Namestring
Arabian Internet and Communications Services
Legal namestring
Arabian Internet and Communications Services Co.
Websiteurl
stcs.com.sa
Company typeenum
Public
Founded yearint
2000
Descriptiontext

Arabian Internet and Communications Services Co., branded as solutions by stc, is a Saudi Arabian public limited company that provides end-to-end IT services and digital solutions to enterprises and government entities across the Kingdom of Saudi Arabia. Founded in 2000, the company is majority-owned (79%) by Saudi Telecom Company (stc) and is publicly listed on the Saudi exchange under the ticker 'solutions', with wholly-owned subsidiaries pulse by solutions and upsource by solutions extending its digital services and outsourcing footprint. Its portfolio is organized into three pillars: Enable (System Integration, Connectivity Services), Manage (Business Outsourcing, Managed Services), and Scale (Cloud Services, IoT Digital Services, Cybersecurity Integration), serving verticals including Government, Banking, Healthcare, Real Estate, Education, Oil & Gas, and Telecom. The company holds a Digital Government Business License (GB24121502), is certified to ISO/IEC 27001 and ISO/IEC 27701, and operates a technology ecosystem of 150+ partnerships with global vendors including Microsoft, SAP, Intel, HP, Apple, and Splunk. Revenue is generated primarily through enterprise and government contracts spanning project-based system integration and data center construction, recurring managed services, and software and AI licensing; large disclosed engagements include a SAR 364 million data center contract with Center3 (August 2026), a SAR 159.7 million three-year AI software license renewal with parent stc (July 2026), and a long-term managed services project with the National Water Company inaugurated in July 2026. The business operates exclusively in Saudi Arabia with headquarters in Riyadh, and as of August 2026 has proposed doubling share capital from SAR 1.2 billion to SAR 2.4 billion via bonus shares to be voted on at an October 2026 EGM.

Short descriptiontext

Arabian Internet and Communications Services (solutions by stc) is a Saudi Arabian public IT services provider, 79%-owned by stc, delivering system integration, managed services, cloud, IoT, and cybersecurity solutions to government and enterprise clients across the Kingdom.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersRiyadh, Saudi Arabia
HQ citystring
Riyadh
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
IT services, system integration, managed services, cloud services, cybersecurity integration
Industry3 codes
1Governance, Risk & Compliance (GRC) Managed Services
CodeBPAEADAJPrimaryYes
2Identity & Access Management (IAM) Administration Services
CodeBPAEABAJPrimaryNo
3Network Monitoring, Assurance & Managed NOC Services (SLA Ops)
CodeHDAIAGAJPrimaryNo
NAICS code3 codes
  • Computer Systems Design and Related Services54151
  • Computer Facilities Management Services541513
  • Custom Computer Programming Services541511
SIC code3 codes
  • Services-Computer Integrated Systems Design7373
  • Services-Computer Programming, Data Processing, Etc.7370
  • Communications Services, Nec4899
Product category
IT Services
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1IT Services and Solutions
TypeProfessional Services
Description

End-to-end IT services revenue through system integration, managed services, and technology consulting engagements with enterprise customers across Saudi Arabia.

solutions.com.sa
2Software Licenses and Digital Solutions
TypeSubscription Recurring
Description

Revenue from AI software and digital solutions licenses, such as the SAR 159.7 million three-year contract with stc for license renewals.

argaam.com
3Data Center Construction and Integration
TypeProfessional Services
Description

Engineering, construction, and commissioning services for data center projects including the DDC307 data center in Dammam (SAR 364 million contract).

argaam.com
4Managed Services Contracts
TypeManaged Services
Description

Recurring managed services contracts including the National Water Company managed services project and ongoing service delivery engagements.

argaam.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 2 records shown
1pulse by solutions
Description

Digital services and technology solutions subsidiary of solutions by stc

solutions.com.sa
+1 more record
Core offering1 text field

Arabian Internet and Communications Services (solutions by stc) is an IT services company that delivers end-to-end information and communications technology solutions to government and large enterprises in Saudi Arabia. Its portfolio spans seven core technology practices—System Integration, Connectivity Services, Business Outsourcing, Managed Services, Cloud Services, IoT Digital Services, and Cybersecurity Integration—delivered alongside productized sub-brands pulse (managed digital/IT services) and upsource (business process outsourcing). The company executes multi-year projects such as data center construction (e.g., SAR 364M Center3 engagement) and recurring software/managed services contracts (e.g., SAR 159.7M AI software license with stc).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Sustainable growth in first half of 2026 reported by solutions by stc
+2 more records
Product overview1 text field

solutions by stc (Arabian Internet and Communications Services Co.) operates as the Kingdom's leading IT solutions provider, offering a comprehensive portfolio of technology services organized into three strategic categories: Enable (System Integration and Connectivity Services), Manage (Business Outsourcing and Managed Services), and Scale (Cloud Services, IoT Digital Services, and Cybersecurity Integration). The company serves diverse industry sectors including Healthcare, Real Estate, Education, Government, Oil & Gas, Banking, and Telecom. The core service offerings include System Integration, Connectivity Services, Business Outsourcing, Managed Services, Cloud Services, IoT Digital Services, and Cybersecurity Integration. The company also operates two subsidiaries: pulse by solutions and upsource by solutions, which extend the service portfolio with specialized offerings. solutions by stc is a majority-owned subsidiary of stc (79% stake) and has operated in Saudi Arabia for over 25 years, providing holistic, integrated technology solutions to enterprises and government entities.

Product and service1 record
1System Integration
Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
1Center3 Digital Data and Communications Co.
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-08-03
Description

SAR 364 million contract for Dammam data center (DDC307) construction. The 18-month project encompasses engineering, construction, MEP works, and commissioning across four integrated phases. Expected financial contribution starting Q1 2027.

argaam.com
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-07-27
Description

stc is the parent company holding 79% stake in solutions by stc. Major related party transactions include SAR 159.7M AI software license renewal (July 2026). The relationship provides strategic distribution advantages and enterprise customer access.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-07-16
Description

Managed Services Project inaugurated July 2026 between solutions by stc and National Water Company. The project aims to accelerate digital transformation and enhance operational excellence through cutting-edge digital solutions and services.

Strategic tierMajorTypeTechnology or Integration
Description

Technology partnership as part of 150+ partnerships with best-of-breed IT and digital innovators. Microsoft partnership enables integrated enterprise technology solutions.

Strategic tierMajorTypeTechnology or Integration
Description

SAP partnership as part of the company's extensive technology partner ecosystem for enterprise software solutions.

Strategic tierMajorTypeTechnology or Integration
Description

Intel partnership for hardware and technology infrastructure solutions as part of 150+ technology partnerships.

Strategic tierMajorTypeTechnology or Integration
Description

HP partnership for enterprise hardware solutions as part of the company's technology partner network.

Strategic tierMajorTypeTechnology or Integration
Description

Splunk partnership for cybersecurity and analytics technology integration as part of the technology partner ecosystem.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

IBM delivers hybrid cloud, AI, and IT infrastructure services globally and in Saudi Arabia through IBM Saudi. It competes for enterprise IT modernization, managed services, and cybersecurity contracts in the Kingdom.

TypeBroad incumbent
Description

Accenture is a global consulting and IT services leader with deep Saudi Arabia operations delivering strategy, system integration, cloud, and managed services. It is a broad incumbent competitor for large Saudi digital transformation programs.

TypeBroad incumbent
Description

HCLTech is a global IT services provider with Saudi Arabia delivery presence focused on digital, engineering, and managed services for enterprise and government clients. It competes for similar system integration and managed services opportunities in the Saudi market.

TypeBroad incumbent
Description

Capgemini is a global IT services and consulting firm with Saudi operations serving banking, energy, and public-sector clients. It is a broad incumbent competitor for system integration and managed services mandates.

TypeDirect peer
Description

ELM is a Saudi-listed digital solutions and IT services provider primarily serving government and regulated entities. Both companies compete for Saudi government digital transformation contracts, system integration mandates, and cybersecurity engagements, making ELM the closest direct local peer.

TypeBroad incumbent
Description

TCS is a global IT services, consulting, and system integration giant with an active Saudi Arabia delivery presence serving regional banks, government entities, and oil & gas majors. It competes for the same large-scale Saudi enterprise system integration and managed services contracts.

TypeBroad incumbent
Description

Infosys is a global IT services and digital transformation provider with established operations across Saudi Arabia serving banking, energy, and government clients. Its scale and Saudi localization efforts make it a direct incumbent competitor for enterprise system integration mandates.

TypeBroad incumbent
Description

Wipro is a global IT services firm with significant Saudi presence delivering cloud, cybersecurity, and managed services to enterprise and public-sector clients. It competes for similar Saudi IT outsourcing and digital transformation deals.

TypeDirect peer
Description

MIS is a Saudi IT services and system integrator serving enterprise and government clients with comparable offerings across infrastructure, managed services, and digital transformation. It competes head-to-head with solutions by stc for Saudi enterprise IT mandates.

TypeBroad incumbent
Description

Mobily is the second-largest Saudi telecom operator, increasingly competing in enterprise digital services, cloud, and managed connectivity. As a domestic telecom-led player with overlapping customer base, Mobily represents a broad incumbent competitor in the same Saudi enterprise IT services space.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Arabian Internet and Communications Services

IT Servicesstcs.com.sa

Arabian Internet and Communications Services (solutions by stc) is a Saudi Arabian public IT services provider, 79%-owned by stc, delivering system integration, managed services, cloud, IoT, and cybersecurity solutions to government and enterprise clients across the Kingdom.

What Arabian Internet and Communications Services does

Arabian Internet and Communications Services Co., branded as solutions by stc, is a Saudi Arabian public limited company that provides end-to-end IT services and digital solutions to enterprises and government entities across the Kingdom of Saudi Arabia. Founded in 2000, the company is majority-owned (79%) by Saudi Telecom Company (stc) and is publicly listed on the Saudi exchange under the ticker 'solutions', with wholly-owned subsidiaries pulse by solutions and upsource by solutions extending its digital services and outsourcing footprint. Its portfolio is organized into three pillars: Enable (System Integration, Connectivity Services), Manage (Business Outsourcing, Managed Services), and Scale (Cloud Services, IoT Digital Services, Cybersecurity Integration), serving verticals including Government, Banking, Healthcare, Real Estate, Education, Oil & Gas, and Telecom. The company holds a Digital Government Business License (GB24121502), is certified to ISO/IEC 27001 and ISO/IEC 27701, and operates a technology ecosystem of 150+ partnerships with global vendors including Microsoft, SAP, Intel, HP, Apple, and Splunk. Revenue is generated primarily through enterprise and government contracts spanning project-based system integration and data center construction, recurring managed services, and software and AI licensing; large disclosed engagements include a SAR 364 million data center contract with Center3 (August 2026), a SAR 159.7 million three-year AI software license renewal with parent stc (July 2026), and a long-term managed services project with the National Water Company inaugurated in July 2026. The business operates exclusively in Saudi Arabia with headquarters in Riyadh, and as of August 2026 has proposed doubling share capital from SAR 1.2 billion to SAR 2.4 billion via bonus shares to be voted on at an October 2026 EGM.

Arabian Internet and Communications Services firmographics

Firmographics
Name
Arabian Internet and Communications Services
Legal name
Arabian Internet and Communications Services Co.
Website
https://stcs.com.sa
Company type
Public
Founded year
2000
Operating status
Operating
Short description
Arabian Internet and Communications Services (solutions by stc) is a Saudi Arabian public IT services provider, 79%-owned by stc, delivering system integration, managed services, cloud, IoT, and cybersecurity solutions to government and enterprise clients across the Kingdom.
Ownership category
akta.pro rank

Arabian Internet and Communications Services industry classification

Industry
Product category
IT Services
NAICS
Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513), Custom Computer Programming Services (541511)
SIC
Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Communications Services, Nec (4899)
akta.pro primary industry
Governance, Risk & Compliance (GRC) Managed Services (BPAEADAJ)
akta.pro secondary industries
Identity & Access Management (IAM) Administration Services (BPAEABAJ), Network Monitoring, Assurance & Managed NOC Services (SLA Ops) (HDAIAGAJ)

Keywords

  • IT services
  • System integration
  • Managed services
  • Cloud services
  • Cybersecurity integration

Where Arabian Internet and Communications Services is headquartered

Location

Headquarters

HQ city
Riyadh
HQ country
Saudi Arabia
HQ region
Middle East

Offices2 records

Markets served

Arabian Internet and Communications Services business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. IT Services and Solutions: End-to-end IT services revenue through system integration, managed services, and technology consulting engagements with enterprise customers across Saudi Arabia.
  2. Software Licenses and Digital Solutions: Revenue from AI software and digital solutions licenses, such as the SAR 159.7 million three-year contract with stc for license renewals.
  3. Data Center Construction and Integration: Engineering, construction, and commissioning services for data center projects including the DDC307 data center in Dammam (SAR 364 million contract).
  4. Managed Services Contracts: Recurring managed services contracts including the National Water Company managed services project and ongoing service delivery engagements.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Arabian Internet and Communications Services product offering

Product offering

Core offering

Arabian Internet and Communications Services (solutions by stc) is an IT services company that delivers end-to-end information and communications technology solutions to government and large enterprises in Saudi Arabia. Its portfolio spans seven core technology practices—System Integration, Connectivity Services, Business Outsourcing, Managed Services, Cloud Services, IoT Digital Services, and Cybersecurity Integration—delivered alongside productized sub-brands pulse (managed digital/IT services) and upsource (business process outsourcing). The company executes multi-year projects such as data center construction (e.g., SAR 364M Center3 engagement) and recurring software/managed services contracts (e.g., SAR 159.7M AI software license with stc).

Product overview

solutions by stc (Arabian Internet and Communications Services Co.) operates as the Kingdom's leading IT solutions provider, offering a comprehensive portfolio of technology services organized into three strategic categories: Enable (System Integration and Connectivity Services), Manage (Business Outsourcing and Managed Services), and Scale (Cloud Services, IoT Digital Services, and Cybersecurity Integration). The company serves diverse industry sectors including Healthcare, Real Estate, Education, Government, Oil & Gas, Banking, and Telecom. The core service offerings include System Integration, Connectivity Services, Business Outsourcing, Managed Services, Cloud Services, IoT Digital Services, and Cybersecurity Integration. The company also operates two subsidiaries: pulse by solutions and upsource by solutions, which extend the service portfolio with specialized offerings. solutions by stc is a majority-owned subsidiary of stc (79% stake) and has operated in Saudi Arabia for over 25 years, providing holistic, integrated technology solutions to enterprises and government entities.

Differentiator

Problem solved

Functional benefit

Brands

  • pulse by solutions: Digital services and technology solutions subsidiary of solutions by stc
  • upsource by solutions

Products and services

  • System Integration

Quantifiable outcome

  • Sustainable growth in first half of 2026 reported by solutions by stc
  • +2 more outcomes

Companies that use Arabian Internet and Communications Services

Customer profile

Named customers4 records

Segments7 records

Ideal customer profiles2 records

Arabian Internet and Communications Services technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Arabian Internet and Communications Services partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core and major.

  • Center3 Digital Data and Communications Co.coreStrategic or Co-development Partner · 3 August 2026SAR 364 million contract for Dammam data center (DDC307) construction. The 18-month project encompasses engineering, construction, MEP works, and commissioning across four integrated phases. Expected financial contribution starting Q1 2027.
  • stccoreChannel Partner/ Reseller/ Distributor · 27 July 2026stc is the parent company holding 79% stake in solutions by stc. Major related party transactions include SAR 159.7M AI software license renewal (July 2026). The relationship provides strategic distribution advantages and enterprise customer access.
  • National Water CompanycoreStrategic or Co-development Partner · 16 July 2026Managed Services Project inaugurated July 2026 between solutions by stc and National Water Company. The project aims to accelerate digital transformation and enhance operational excellence through cutting-edge digital solutions and services.
  • MicrosoftmajorTechnology or IntegrationTechnology partnership as part of 150+ partnerships with best-of-breed IT and digital innovators. Microsoft partnership enables integrated enterprise technology solutions.
  • SAPmajorTechnology or IntegrationSAP partnership as part of the company's extensive technology partner ecosystem for enterprise software solutions.
  • IntelmajorTechnology or IntegrationIntel partnership for hardware and technology infrastructure solutions as part of 150+ technology partnerships.
  • HP (Hewlett-Packard)majorTechnology or IntegrationHP partnership for enterprise hardware solutions as part of the company's technology partner network.
  • SplunkmajorTechnology or IntegrationSplunk partnership for cybersecurity and analytics technology integration as part of the technology partner ecosystem.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Arabian Internet and Communications Services competitors and assessment

Company assessment

Broad incumbents

  • IBM: IBM delivers hybrid cloud, AI, and IT infrastructure services globally and in Saudi Arabia through IBM Saudi. It competes for enterprise IT modernization, managed services, and cybersecurity contracts in the Kingdom.
  • Accenture: Accenture is a global consulting and IT services leader with deep Saudi Arabia operations delivering strategy, system integration, cloud, and managed services. It is a broad incumbent competitor for large Saudi digital transformation programs.
  • HCLTech: HCLTech is a global IT services provider with Saudi Arabia delivery presence focused on digital, engineering, and managed services for enterprise and government clients. It competes for similar system integration and managed services opportunities in the Saudi market.
  • Capgemini: Capgemini is a global IT services and consulting firm with Saudi operations serving banking, energy, and public-sector clients. It is a broad incumbent competitor for system integration and managed services mandates.
  • Tata Consultancy Services (TCS): TCS is a global IT services, consulting, and system integration giant with an active Saudi Arabia delivery presence serving regional banks, government entities, and oil & gas majors. It competes for the same large-scale Saudi enterprise system integration and managed services contracts.
  • Infosys: Infosys is a global IT services and digital transformation provider with established operations across Saudi Arabia serving banking, energy, and government clients. Its scale and Saudi localization efforts make it a direct incumbent competitor for enterprise system integration mandates.
  • Wipro: Wipro is a global IT services firm with significant Saudi presence delivering cloud, cybersecurity, and managed services to enterprise and public-sector clients. It competes for similar Saudi IT outsourcing and digital transformation deals.
  • Mobily (Etihad Etisalat): Mobily is the second-largest Saudi telecom operator, increasingly competing in enterprise digital services, cloud, and managed connectivity. As a domestic telecom-led player with overlapping customer base, Mobily represents a broad incumbent competitor in the same Saudi enterprise IT services space.

Direct peers

  • ELM Company: ELM is a Saudi-listed digital solutions and IT services provider primarily serving government and regulated entities. Both companies compete for Saudi government digital transformation contracts, system integration mandates, and cybersecurity engagements, making ELM the closest direct local peer.
  • Al Moammar Information Systems (MIS): MIS is a Saudi IT services and system integrator serving enterprise and government clients with comparable offerings across infrastructure, managed services, and digital transformation. It competes head-to-head with solutions by stc for Saudi enterprise IT mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Arabian Internet and Communications Services social profiles

Digital presence

Arabian Internet and Communications Services compliance and trust

Trust signal

Compliance3 records

Arabian Internet and Communications Services financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Arabian Internet and Communications Services leadership team

Management profile

Number of profiles

Profiles1 record

Arabian Internet and Communications Services subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Arabian Internet and Communications Services funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Arabian Internet and Communications Services M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arabian Internet and Communications Services

What does Arabian Internet and Communications Services do?

Arabian Internet and Communications Services (solutions by stc) is an IT services company that delivers end-to-end information and communications technology solutions to government and large enterprises in Saudi Arabia. Its portfolio spans seven core technology practices—System Integration, Connectivity Services, Business Outsourcing, Managed Services, Cloud Services, IoT Digital Services, and Cybersecurity Integration—delivered alongside productized sub-brands pulse (managed digital/IT services) and upsource (business process outsourcing). The company executes multi-year projects such as data center construction (e.g., SAR 364M Center3 engagement) and recurring software/managed services contracts (e.g., SAR 159.7M AI software license with stc).

Is Arabian Internet and Communications Services a public or private company?

Arabian Internet and Communications Services is a public company. It is classified as public and is currently operating.

When was Arabian Internet and Communications Services founded?

Arabian Internet and Communications Services was founded in 2000.

Where is Arabian Internet and Communications Services based?

Arabian Internet and Communications Services is headquartered in Riyadh, Saudi Arabia, in the Middle East region.

How does Arabian Internet and Communications Services make money?

Four revenue lines are on record. IT Services and Solutions are the primary driver. The others are software Licenses and Digital Solutions, data Center Construction and Integration and managed Services Contracts.

Who are Arabian Internet and Communications Services's main competitors?

Broad incumbents on record are IBM, Accenture, HCLTech, Capgemini, Tata Consultancy Services (TCS), Infosys, Wipro and Mobily (Etihad Etisalat). Direct peers are ELM Company and Al Moammar Information Systems (MIS).

Does Arabian Internet and Communications Services have an API?

No public API is recorded for Arabian Internet and Communications Services.

What industry is Arabian Internet and Communications Services in?

Arabian Internet and Communications Services's product category is IT Services. Its primary akta.pro industry code is BPAEADAJ, Governance, Risk & Compliance (GRC) Managed Services, with a secondary code of BPAEABAJ, Identity & Access Management (IAM) Administration Services. Its NAICS code is 54151 and its SIC code is 7373.

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Live signals
Argaamsolutions OKs 100% capital hike via bonus issueShareholders of Arabian Internet and Communications Services Co. approved on Oct. 6 a 100% capital increase via a bonus issue, capitalizing SAR 1.2 billion from retained earnings. The move aims to support expansion and growth in Saudi Arabia's IT sector, with bonus shares deposited before trading on Oct. 11.Business RecorderGulf bourses slip as Iran-US escalation dents risk appetiteGulf stock markets fell on Monday as renewed US-Iran military action near the Strait of Hormuz weighed on risk appetite. Dubai's main index dropped 0.8%, with Emirates NBD down 2.3% and Emaar down 1.8%. Investors may remain cautious as tensions could escalate further.SahmcapitalSolutions Calls EGM to Vote on SAR 1.2B Bonus Share Capital IncreaseArabian Internet and Communications Services Co. (Solutions) announced it will convene an Extraordinary General Assembly meeting on October 6, 2026, to vote on a proposal to double its share capital from SAR 1.2 billion to SAR 2.4 billion via bonus shares. The company aims to capitalize retained earnings to fund this increase, which it states supports its growth strategy in the IT sector across Saudi Arabia and the region. The assembly will also consider amendments to the company's bylaws and executive remuneration policies.Argaamsolutions wins SAR 364M Center3 contract to build Dammam data centerArabian Internet and Communications Services Co. (solutions) signed a SAR 364 million contract with Center3 Digital Data and Communications Co. to construct the DDC307 data center in Dammam, Saudi Arabia. The 18-month project encompasses engineering, construction, MEP works, and commissioning across four integrated phases. Signed on Aug. 3, the contract is expected to begin contributing to solutions' financial statements starting from Q1 2027.EnterpriseamSolutions’ Pulse eyes Gulf listing by 2028Solutions by STC plans to list its systems-integration subsidiary Pulse by Solutions on a regional exchange by 2028, with Saudi Arabia, Egypt, or Abu Dhabi under review. The company targets USD 1 billion in revenue by 2028, up from SAR 2.6 billion last year, and is shifting its revenue mix to capitalize on Egypt's lower costs.Outsource Acceleratorsolutions by stc reports robust growth in 2023Arabian Internet and Communications Services Co. (solutions by STC), a Saudi IT service management company, reported substantial growth in 2023 with revenues exceeding SAR 11 billion ($2.93 billion), a 25.4% year-on-year increase, and net profit climbing to SAR 1.2 billion, up 13.2%. The company expanded through strategic acquisitions including the full acquisition of Contact Center Company (CCC) and a 40% stake in Devoteam Middle East, while also participating in a $175 million investment round in US-based Nile Co. Looking ahead, the board recommended distributing SAR 714 million ($190 million) in dividends for 2023, maintaining a policy of returning approximately 57% of net profits to shareholders.