stc Group Named Best Workplace in Saudi Arabia by LinkedIn
In a groundbreaking announcement, telecommunications giant stc Group has been crowned the top workplace in Saudi Arabia by the renowned professional networking platform LinkedIn. This accolade solidifies stc Group’s reputation as a leader in employee satisfaction and career growth opportunities.
Red Sea Global and Aramco Follow Closely
Following stc Group in second place is the esteemed hospitality giga-project Red Sea Global, with energy behemoth Saudi Arabian Oil Co., better known as Aramco, securing the third spot. The rankings showcase the diverse and thriving business landscape in Saudi Arabia.
LinkedIn Top Companies List Reveals Industry Leaders
The annual LinkedIn top companies list highlights organizations at the forefront of growth, learning opportunities, equity, and company culture. Notable mentions include motor vehicle manufacturer Ceer, ROSHN supported by the Kingdom’s Public Investment Fund, and Riyad Bank, all making their mark in the top rankings.
UAE Recognizes Bain & Co. as Top Organization
In the UAE, business consulting firm Bain & Co. emerges as the top organization, closely followed by Mastercard and Procter & Gamble. The rankings underscore the region’s commitment to growth and innovation in the business sector.
SEVEN and Entertainment Industry Making Waves
Saudi Entertainment Ventures (SEVEN) secures the tenth spot in the list of top companies in Saudi Arabia, reflecting the booming entertainment sector in the Kingdom. Miral and SEVEN also feature in the top 15 companies in the UAE and Saudi Arabia, signaling the rise of the entertainment industry in the region.
Regional Professionals Eyeing Career Moves
A majority of professionals in the region are contemplating job changes in 2024, with the UAE witnessing a surge in hiring activities over the past year. This trend underscores the dynamic nature of the job market in the Middle East.
stc Group Reports Impressive Financial Growth
In a financial disclosure, stc Group revealed a significant 9% increase in net profit in 2023, reaching SR13.3 billion ($3.55 billion) compared to the previous year. The notable rise in profit was attributed to a substantial year-on-year revenue increase of SR4.90 billion.