Page 52 - SAMENA Trends - June-July 2025
P. 52

REGIONAL & MEMBERS UPDATES  SAMENA TRENDS

        IT solutions, we are helping them achieve   bank built  for  the  world.  By integrating   journeys,  stc  Bahrain  continues  to
        their  goals  while  reinforcing our position   advanced infrastructure and IT services,   demonstrate  its  role  as  a  key  player  in
        as  a  trusted  provider  of transformative   we are strengthening our ability to deliver   advancing  technological  capabilities
        technology services. Ali Moosa, Executive   seamless and secure financial services, in   across  industries  and contributing  to the
        Vice  Chairman  of SGB,  said,  “Partnering   line  with  our mission  to bridge  traditional   Kingdom’s long-term economic goals.
        with stc Bahrain marks an important step   and  digital  finance.”  By  supporting
        in  building  a  future-ready, resilient  digital   businesses  in  their  digital  transformation

        stc Bahrain Reveals Winners of the 12  InspireU General Program 2025 as
                                                               th
        it Returns to Bahrain for the Second Time


        stc  Bahrain,  a  digital  enabler,  is  proud to   for the second consecutive year in Bahrain.   needed to succeed in today’s  competitive
        announce Doo and Indi Souq, two innovative   This  initiative aims to empower  Bahrain’s   market.The  winners  were  coaching
        Bahraini  start-ups,  as  the  winners  of   entrepreneurial  ecosystem by equipping   sessions led by industry experts Al Harith Al
        inspireU General program which was held   start-ups  with  the  tools and  resources   Attawi, CEO of Shafra Technology Labs, and
                                                                                 Hisham  Al Saati, Co-Founder of Siin,  who
                                                                                 helped  participants  refine  their  business
                                                                                 strategies. On the second day, 20 start-ups
                                                                                 pitched their business plans to a panel of
                                                                                 judges,  including Mr. Jawad Mahmood
                                                                                 Jawad,  CEO  of Jahez;  Abdulrahman  Al
                                                                                 Zuhair, Head of inspireU at stc; and other
                                                                                 members from  stc Bahrain  management.
                                                                                 The  judges  evaluated  the  pitches  based
                                                                                 on innovation,  scalability, and  impact. As
                                                                                 part  of the  inspireU program,  the winning
                                                                                 start-ups  will  receive  financial  support,
                                                                                 mentorship, and access to stc’s extensive
                                                                                 network.  They will  also  participate  in
                                                                                 national  and  international  exhibitions,
                                                                                 workshops, and other events  designed  to
                                                                                 accelerate  their  growth. Launched  by  stc
                                                                                 Group in  2015,  the  inspireU accelerator
                                                                                 program supports  entrepreneurs across
                                                                                 Saudi  Arabia,  Kuwait,  and  Bahrain.  By
                                                                                 promoting innovation and connecting start-
                                                                                 ups with mentors, investors, and industry
                                                                                 leaders, the program helps transform ideas
                                                                                 into  successful  businesses.  In  Bahrain,
                                                                                 inspireU aligns  with  the  Kingdom’s  vision
                                                                                 for economic diversification and reinforces
                                                                                 stc Bahrain’s commitment to driving digital
                                                                                 transformation.

        stc Successfully Lands the First Bahraini Submarine Cable System; 2Africa
        Pearls in Bahrain



        Marking  a  significant  milestone  in  global   international  connectivity  toward  Bahrain   landing of 2Africa Pearls submarine cable
        connectivity, stc  has  announced  that  the   will  reinforce the Kingdom as  a powerful   system  next  to Seef District  on 4th  of
        2Africa cable system - Pearls, the world’s   ICT hub, speeding up digital transformation   June  was  witnessed  by H.E. Dr. Shaikh
        longest submarine cable, has successfully   across  connected  countries,  attracting   Abdullah bin Ahmed Al Khalifa, Minister of
        landed in Bahrain. With a US$ 205 million   significant   international   investment   Transportation  and  Telecommunications
        investments  in  2Africa Pearls  submarine   opportunities,  creating  jobs  and boosting   and  Telecommunications  and  Eng.  Khalid
        cable  system,  this  massive  lift  up in   innovation  across  sectors.  The  live   Al  Osaimi,  Chief  Executive  Officer,  stc


                                                                                                    52   JUNE-JULY 2025
   47   48   49   50   51   52   53   54   55   56   57