MANAMA: Telecom operator stc Bahrain has signed a $186 million five-year bullet payment loan, provided by Abu Dhabi Islamic Bank and MUFG Bank.
This deal comes as part of stc Bahrain’s ongoing investment in developing and enhancing its existing ICT infrastructure in Bahrain to pave the way for future digital services. The deal will provide the necessary liquidity to further invest in stc Bahrain’s ICT infrastructure and improve the company’s overall digital capabilities.
It will do this by introducing new innovative solutions that will add value to customers by delivering differentiated products and solutions and providing the best digital offerings in the kingdom.
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