The highest annual revenue was primarily due to the increased demand for stc"s various services & products STC Group achieved the highest annual revenue in the past 8 years, group CEO Nasser Al Nasser said in a statement, of which Argaam received a copy. This achievement was primarily due to the increased demand for stc"s various services & products, and the company’s ability to meet this demand promptly and efficiently, especially during COVID-19 pandemic. Al-Nasser also pointed out to stc’s success as a digital enabler for the Saudi G20 presidency, where stc provided critical telecommunications and digital services for all meetings as well as expanding the 5G network by 130 percent to accommodate the increase in digital services during the G20 summit, which has concluded successfully.