STC grants bonuses to employees in Southern Region

Saudi Telecom Company (STC) said it has granted salary bonuses to its employees in the Southern Region, near the kingdom’s border with Yemen, in order to “boost” their morale.

The area has been the most affected by the ongoing Saudi-led offensive against Yemen’s Houthi rebels.

Saudi’s largest mobile and fixed line operator reported a net profit of SAR 2.5 billion in first quarter, signaling a five percent rise when compared to the SAR 2.4 billion it recorded in the same period last year, according to data compiled by Argaam.