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Solutions signs 190M riyal deal with STC Bank
Solution's, a subsidiary of Saudi Telecom Group, announced the signing of a 190 million SAR contract with STC Bank to provide managed messaging services. The contract duration is two years, with its financial impact beginning in the last quarter of 2026. The company will handle the management and delivery of messaging services that enhance the bank’s digital infrastructure and communication channels, contributing to an increase in operational revenues during this period. This agreement reflects the company's strategy to expand its technical solutions within the financial sector, noting that STC holds an majority stake in both entities.
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