STC, Zain and Mobily roll out eSIM services in KSA

Haithem Al-Faraj, senior VP of technology and operations at STC.
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Updated 14 April 2020
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STC, Zain and Mobily roll out eSIM services in KSA

Saudi Telecom Company (STC) will soon set up a localized platform for the provision of eSIM services in the Kingdom, after obtaining an international accreditation deemed requisite for rolling out eSIM technology, in a move that can transform the way consumers use smartphones and devices across Saudi Arabia.
Meanwhile, Etihad Etisalat Company (Mobily) has also announced the activation and launch of the eSIM services in the Kingdom.
Mobily eSIM is available for all customers subscribed to any of its postpaid or prepaid packages and using devices that support the eSIM option. The service is being offered on Mobily’s online shop from April 13.
Mobily said all its services, including roaming, are fully compatible with eSIMs. In a bid to extend the benefits of this service to its customers, the company is offering the eSIM service for free for a limited time.
The embedded SIM or eSIM is a technology that enables users to activate postpaid and prepaid plans without the use of a physical SIM card. The device-embedded card eliminates the need for traditional plastic SIM cards, and enables subscribers to add and remove operators remotely without having to acquire a new SIM card. eSIM is widely acclaimed as the SIM for the next generation of connected devices, as it powers frontier futuristic applications such as the Internet of things (IoT), connected mobility, artificial intelligence, and video surveillance.
The technology is expected to enable the manufacture of smaller and lighter devices and contribute to eliminating the risk of losing SIM cards or malfunctions, which will positively reflect on customer experience.
STC can now provide eSIM services to all mobile network operators and mobile virtual network operators (MNOs/MVNOs) in the Kingdom as the national eSIM platform. The service can be extended to any MNO in the Arab region or internationally interested in obtaining the eSIM service from STC.

 

Haithem Al-Faraj, senior VP of technology and operations at STC, said the provision of eSIM services in Saudi Arabia following the GSMA certification is a step toward achieving the goals of Saudi Vision 2030, as the localization of the eSIM technology will enable digital transformation.
He added: “We are excited about the possibility of introducing eSIM technology in Saudi Arabia. The SAS certification process was a challenging one, but passing and obtaining the certification stands as a testimony to STC’s world-class security standards and operational excellence.”
Adopting and commercializing eSIM technology require the company hosting the eSIM platform to undergo a series of stringent technical and security audits, namely the SAS certification, sponsored by the GSM Association, an international standard-setting body.
STC has successfully passed the audits and scored the highest results worldwide following a rigorous process that asserted the company’s technical and security readiness.
Obtaining the GSMA certification marks a key milestone for localizing the technology in Saudi Arabia, while an actual timeline for deployment remains to be announced.
Meanwhile, Mobily said the move is in line with the telecom operator’s ambition of attaining a leadership position in digital transformation in the Kingdom. This, in turn, is aligned with the goals of Saudi Vision 2030 and accords customers an integrated and distinctive digital experience, it said.

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eSIM

The embedded SIM or eSIM is a technology that enables users to activate postpaid and prepaid plans without the use of a physical SIM card. eSIM is widely acclaimed as the SIM for the next generation of connected devices, as it powers frontier futuristic applications such as IoT, AI, and so on.


Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Updated 27 January 2026
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Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Al-Saedan Real Estate Company of Saudi Arabia, in collaboration with Serpentine Lake Capital of the UK and SGI Real Estate of Canada, have announced the establishment of a joint development and investment platform under the name SL Property. The platform will develop commercial, residential, and hospitality projects, alongside infrastructure and data center projects, across the Kingdom. It reflects the growing international interest in Saudi Arabia’s real estate and digital infrastructure markets and supports the development of high-quality, long-term assets within the Kingdom.

The agreement signing ceremony was held under the patronage of Minister of Municipal, Rural Affairs and Housing and Chairman of the Real Estate General Authority Majid bin Abdullah Al-Hogail, as part of the Future of Real Estate Forum, in which Al-Saedan Real Estate participated as a strategic sponsor. The ceremony was attended by Dr. Badr bin Ibrahim bin Saedan, chairman of the board of Al-Saedan Real Estate; Ahmed bin Ibrahim bin Saedan, vice chairman of the board of Al-Saedan Real Estate; Ben Mikola, representative of Serpentine Lake Capital and SL Property; and Hassan Al-Shawwa, representative of SGI Canada.

The attendance reflects the strategic importance of the initiative and the continued support of the authority in facilitating the attraction of high-quality international investments into the Kingdom’s real estate and digital infrastructure sectors.

This development follows the issuance of the Regulation on Real Estate Ownership by Non-Saudis in Saudi Arabia, which came into effect in January. The updated regulatory framework is expected to expand access to international investment, facilitate foreign investor participation in strategic sectors, and increase the depth of institutional capital flowing into the real estate, infrastructure, and data center sectors in the Kingdom.

The platform is targeting initial joint investments of SR1.5 billion ($400 million) in partnership with Al-SaedanReal Estate, representing the first phase of a broader, multi-stage investment program. In its initial phase, SL Property — Al-Saedan intends to invest in six to eight projects across real estate, infrastructure, and data centers, with additional opportunities anticipated as the platform’s activities expand in the future.

The initial projects will be concentrated in Riyadh and Jeddah, and will include mixed-use developments, commercial assets, residential projects, and infrastructure related to data centers. These projects are designed to be scalable, sustainable, and aligned with national development priorities, including housing expansion, enhancement of urban quality of life, hospitality sector growth, and strengthening the Kingdom’s digital services capabilities.

Al-Saedan Real Estate is one of the oldest private real estate development companies in Saudi Arabia, with more than 80 years of operational experience and a strong track record that includes the development of seven major integrated urban communities, in addition to numerous commercial, hospitality, and associated infrastructure projects.

The SL Property platform will serve as a dedicated investment vehicle for this initiative, with Serpentine Lake Capital contributing its asset management expertise, and SGI Real Estate providing its specialized real estate sector experience. The platform’s structure is intended to combine local development capabilities with disciplined international investment practices and robust governance standards.

This initiative aligns with the Kingdom’s economic diversification objectives and reflects growing confidence in the updated regulatory framework governing the real estate and digital infrastructure sectors. As the platform evolves, it is expected to provide both local and international investors with access to high-quality investment opportunities across the real estate and data center sectors throughout the Kingdom.

Dr. Badr bin Ibrahim said: “At Al-Saedan, we are pleased to be among the first beneficiaries of the promising new foreign investment system. Following our success in raising several local investment funds, we look forward to expanding our expertise and partnerships at a global level.”

Mikola added: “We are pleased to partner with Al-Saedan, whose strong track record provides a solid foundation for this collaboration. As the platform develops, we expect to explore opportunities to expand into real estate and infrastructure projects within the Kingdom of Saudi Arabia and beyond. The Kingdom represents a fast-growing market driven by clear structural factors, and we look forward to developing high-potential opportunities through a disciplined and focused approach.”