STC taps PIF-owned SAFE for integrated security services

The agreement was signed by Turki bin Matooq Al-Thonayan, chief executive of SAFE, and Nasser S. Al-Nasser, CEO of STC Group.
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Updated 04 February 2021
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STC taps PIF-owned SAFE for integrated security services

The National Security Services Company (SAFE), owned by the Public Investment Fund (PIF), has signed an agreement with STC Group to provide a range of high-quality security services across the Kingdom. The agreement was signed by Turki bin Matooq Al-Thonayan, chief executive of SAFE, and Nasser S. Al-Nasser, CEO of STC Group.

Al-Thonayan expressed his happiness at signing the landmark agreement, pointing out that STC is one of the first companies to receive SAFE’s security services. “STC is considered one of the leading companies that have contributed heavily to the development of the security services sector in Saudi Arabia and is always keen to provide the best working environment for its security personnel in all its facilities,” he said.

SAFE seeks to develop the security services sector in Saudi Arabia to contribute to achieving the goals of the Kingdom’s Vision 2030. The company will provide four main integrated services: Security consulting services to its customers and partners through innovative and integrated protocols and solutions, security solutions, control centers, and training and development services.

SAFE aspires to be a reliable partner in the private security services sector, identifying and mitigating risks, and working to implement the best international practices in its field. The company looks forward to playing a national leadership role in developing the security services sector by meeting the increasing demand for private security services in the Kingdom.

Through its services, programs and partners, SAFE aims to help keep society protected and safe, mitigate risks, and provide solutions for the safety of work, life and investment environments. The company also provides training and qualification opportunities for Saudis, in addition to issuing internationally accredited training certificates. It will work for partnerships that enable them to develop security services and support the private sector to build employment platforms for local talents, and make a radical change in the Saudi security services sector.


Kingdom Centre’s comprehensive upgrade nears completion

Updated 05 January 2026
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Kingdom Centre’s comprehensive upgrade nears completion

Chairwoman of the Board of Kingdom Centre Nada Alateegi announced that the final phase of the comprehensive upgrade and redevelopment works at the iconic Riyadh landmark has neared completion.

Kingdom Centre was never intended to be just a shopping destination or a business hub, Alateegi said, but rather a space to deliver exceptional experiences. The experience is now being elevated to a new level of luxury that seamlessly brings together refined hospitality, high-end retail, and world-class business environments. 

She said that Kingdom Centre, inaugurated in 2001, commenced its modernization project in April 2023. The project is being implemented in partnership with a group of top-tier global designers and renowned contractors, and led by the Kingdom Centre management team, to ensure the highest standards of quality and precision.

The upgrades were carried out in accordance with the best safety practices, while maintaining uninterrupted operations and ensuring visitors’ comfort and safety are preserved throughout, Alateegi said. This approach reflects the vision and directives of Prince Alwaleed bin Talal and has contributed to the center receiving several awards, including its recognition for “visionary design and development.”

She added that Kingdom Centre had installed the largest fully integrated digital screen on Kingdom Tower facades, operated exclusively in partnership with digital advertising and media solutions leader Rotana Signs. The screen serves as an international showcase reflecting Riyadh’s evolution and its growing global standing.

Kingdom Centre is also home to the Four Seasons Hotel, one of the world’s most prestigious hospitality brands, in addition to VOX Cinemas, purpose-designed to world-class specifications guided by the center’s management vision. 

Moreover, Kingdom Centre introduced Al-Mamlaka Social Dining zone, which has become one of the region’s leading dining experiences and a model for other investors. Conceived by the center’s management to elevate the visitor experience, the Social Dining concept has been officially registered as the intellectual property of Kingdom Centre.

Kingdom Centre has also launched a mobile application and a dedicated visitor loyalty program offering a range of benefits. This initiative is part of the center’s digital transformation strategy and aims to strengthen long-term engagement with visitors.

Kingdom Centre’s management remains committed to setting a leading example for the sector, delivering innovative experiences that support Saudi Arabia’s tourism ambitions and align with Saudi Vision 2030, Alateegi added.