Gulf Business

KHALED BIN HUSSAIN BIYARI

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CEO, SAUDI TELECOM COMPANY ORIGIN KSA RESIDENCE KSA SECTOR TELECOMS

He may be CEO of the Gulf ’s largest operator by market value, but a difficult year for the telecommun­ications industry gave Biyari plenty of decisions to make in 2016. In May, for example, the chief executive said STC was considerin­g a sale of its mobile transmitte­r towers in a bid to diversify revenue and boost efficiency. Regardless of the troubled climate, the company invested heavily in the cloud and posted decent profits across the year, despite them being down on the previous 12 months. Biyari himself remains a positive force, stating his belief in November that STC can be one of the major players in the transforma­tion of Saudi Arabia’s economy.

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