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Overview
Arabian Internet and Communications Services Co. (solutions by stc) was founded in 2003 as a limited liability company, with a capital of SAR 100 million in Riyadh.
The company operates in the information and communications technology (ICT) sector. It offers communications services, basic information technology, managed and operating services of information technology, in addition to digital services, such as cloud services and cyber security integration.
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 2003 |
| Commercial Register: | 1010183482 |
| Website: | solutions.com.sa |
| IR@solutions.com.sa | |
| Phone | +966 11 525 1111 |
| Fax | +966 11 460 1119 |
| Address | Akaria Plaza 3 - Al Olaya Street 50 - Riyadh 11372 |
| PO Box | 50 |
Financials Highlights (M )
Company Size
| Chart | 2022 | 2021 | 2020 | 2019 | 2018 | ||
| No. of Employees | 1,719 | 1,545 | - | - | - | ||
| No. of Branches | 6 | 5 | - | - | - |
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 24.17 |
| Free Float % : | 20.14 |
| Weight in Index % : | 0.36 |
| 3M Average Volume : | 140,096 |
| 3M Average Transactions : | 2,592 |
| Change(12M) % : | 50.00 |
Subsidiaries & Associates
| Company | Country | Percentage |
|---|---|---|
| CCC | Saudi Arabia | 100.00 % |
| Saudi Arabia | 100.00 % | |
| STCS For IT | Egypt | 100.00 % |
| Giza Systems | Egypt | 88.19 % |
| Giza Arabian Systems | Egypt | 34.00 % |
Milestones
30-09-2021
31-12-2020
It was converted into a closed joint stock company
16-11-2020
The company’s capital was increased to SAR 1.2 billion from SAR 100 million by capitalizing retained earnings
19-03-2011
The company’s capital was increased to SAR 100 million from SAR 10 million
11-01-2003
The company was founded as a limited liability company with a capital of SAR 10 million
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