Which Company is more Powerful? Al Rajhi Bank vs Saudi Telecom
Al Rajhi Bank
The Al Rajhi Bank (Arabic: مصرف الراجحي) (previously known as Al Rajhi Banking and Investment Corporation) is a Saudi Arabian bank and the world's largest Islamic bank by capital based on 2015 data.The bank is a major investor in Saudi Arabia's business and is one of the largest joint stock companies in the Kingdom, with over SR 330.5 billion in AUM ($88 billion) and over 600 branches. Its head office is located in Riyadh, with six regional offices. Al Rajhi Bank also has branches in Kuwait and Jordan, and a subsidiary in Malaysia and Syria.
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Saudi Telecom
Saudi Telecom Company, (stc; stc Group; stc International) (Arabic: شركة الاتصالات السعودية) is a Saudi Arabia-based Digital Company that offers telecommunications services, landline, mobile, Internet services, enterprise digital solutions, entertainment, fintech, and computer networks. The company lost its monopoly on mobile phone services after the assignment of a second license to Etihad Etisalat. In April 2007 its monopoly on fixed telephone services ended after the victory of a coalition led by the Bahraini Batelco second license put forward by the government, and also the company's prepaid card and called Sawa, it is a popular deployment in Saudi Arabia.