ACWA Power approves payout of $150m annual dividends for 2021

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Updated 03 July 2022
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ACWA Power approves payout of $150m annual dividends for 2021

RIYADH: Saudi Public Investment Fund-owned ACWA Power Co. announced that its shareholders have approved a dividend payout of SR563 million ($150 million) for 2021.

Shareholders will receive SR0.77 per share, representing 7.7 percent of the nominal value per share, according to the company’s bourse filing.

The distribution of dividends begins as of July 21, the company added.


Stc partners with Qiddiya as Six Flags official connectivity provider

Updated 22 December 2025
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Stc partners with Qiddiya as Six Flags official connectivity provider

RIYADH: Saudi stc Group has announced its partnership with Qiddiya as the official connectivity partner for the Six Flags theme park, providing telecom services, smart city solutions, and an integrated digital infrastructure in line with global standards, coinciding with the park’s official opening.

Under the partnership, stc will deliver an advanced digital ecosystem to enhance visitors’ experiences at Qiddiya, offering high-performance connectivity and smart technologies to facilitate entry and manage visitor flow within the park, ensuring a seamless and safe experience.

The collaboration reflects stc’s commitment to providing advanced digital infrastructure that supports Qiddiya’s ambitions and elevates the visitor experience.

By leveraging smart connectivity, smart city technologies, and innovative payment solutions, stc aims to deliver an integrated and streamlined experience across the destination.

The initiative also highlights stc’s role in supporting the tourism and entertainment sectors with world-class digital infrastructure that aligns with Saudi Arabia’s vision and future goals.