specialized by stc has won the Infrastructure Deal of the Year award at the GBM Saudi Arabia Awards 2026, recognising its SAR 5.5 billion telecom infrastructure financing initiative.
The award was presented at the Global Banking & Markets (GBM) Awards: Saudi Arabia 2026, which recognise notable transactions across the Kingdom’s financial and capital markets landscape.
The judging process considered factors including transaction structure, execution, innovation, market impact and access to financing.
SAR 5.5 Billion Telecom Infrastructure Financing
The award-winning financing initiative is designed to support specialized by stc’s investment in advanced telecom infrastructure across Saudi Arabia.
The company said the SAR 5.5 billion financing will help accelerate the development of secure and resilient telecommunications infrastructure as demand for digital services continues to grow across the Kingdom.
The initiative supports specialized by stc’s role in providing critical communications and digital infrastructure for organisations across Saudi Arabia.
“Receiving the Infrastructure Deal of the Year award is a proud milestone for specialized by stc and a strong endorsement of our long-term vision to build and operate the critical communications infrastructure that powers Saudi Arabia’s digital future,” said Khaled Al Dharrab, Chief Executive Officer of specialized by stc.
He added that the recognition reflects the trust of the company’s partners and the work of its teams, while reinforcing its focus on secure, resilient and innovative infrastructure.
Supporting Saudi Arabia’s Digital Economy
As organisations across the Kingdom adopt next-generation technologies, specialized by stc is continuing to expand its capabilities and invest in infrastructure supporting critical operations.
The company serves sectors including government, industrial, security, energy and enterprise, where reliable communications and digital infrastructure are essential to day-to-day operations.
The latest award highlights the role of specialized by stc’s infrastructure investments in supporting the Kingdom’s wider digital transformation and the objectives of Saudi Vision 2030.
