Es’hailSat, Qatar Satellite Company, has announced that Mobi Egypt, a provider of VSAT network services, has signed up for satellite capacity on Es’hail-1 satellite located at the 25.5⁰ East location. 7. Under this agreement, Es’hailSat will allocate satellite capacity on Es’hail-1 in the Ku-band for Mobi Egypt, enabling the migration of all its communication networks […]
Egyptian satellite operator Nilesat has reported its Q3 numbers. Revenue fell from $25.16 million a year ago to $24.8 million (€21.3m) in this latest quarter. Net income was $15.9 million compared to $19.1 million a year ago. For the nine months period, sales were $73.4 million compared to $75.9 million a year ago. Nilesat’s Q3 […]
Cairo-based satellite operator Nilesat reported that its first-half year revenues amounted to $48.63 million (€41.63), a slight drop in the amount achieved the same period last year ($50.80m). But while the revenues have fallen when compared to 2024, the operator’s profit is up. Nilesat posted $32.33 million in net profit from continuing operations in the […]
yes Studios has announced that its latest drama series, to be launched to the international market at the upcoming Series Mania event, is the riveting six-part action drama Embassy Down. Inspired by true events and written by Shlomo Moshiach, the talented creator and award-winning screenwriter behind hit series that include Your Honor and The Beauty […]
Nilesat’s total operating revenue amounted to $101.14 million at the end of December 2024, compared to $101.82 million (€97.2m) in 2023. The Cairo-based satellite operator generated net profits worth $57.68 million in 2024, up 31.83 per cent YoY from $43.754 million, according to a formal statement to the Cairo stock exchange. In the first nine […]
Cairo-based satellite operator Nilesat saw its revenues fall marginally during 2024. In the year to December 31st its revenues were $101.14 million (€96.5m) down slightly from $101.82 million in the same period last year, but its total profit grew almost 24 per cent to $42.98 million (from $37.7 million). The past year saw new cooperation […]
Cairo-based Nilesat, which broadcasts almost 1,000 channels across the MENA region, has reported higher net profits, up 11.25 per cent to $21.47 million (€19.51m) for the first 6 months of this year, despite overall revenues being squeezed. Nilesat’s numbers were released to the Egyptian Stock Exchange on August 13th. The company’s operating revenue dropped in […]
EchoStar-owned Hughes Network Systems has been selected by Cairo-based Nilesat for a local gateway which will use Nilesat’s 301 satellite. Hughes will supply one of its Jupiter Gateways and installation will begin shortly and be complete by the end of Q3. Commenting on the deal, Sameh Katta, Chairman/CEO of Nilesat, said: “The Nilesat vision is […]
Cairo-based Nilesat has reported net profits (after tax) valued at $43.75 million (€40.4m) in 2023, higher by 12.29 per cent year-on-year (YoY) than $38.96 million. Revenues amounted to EGP 101.82 million last year, up 1.97 per cent from EGP 99.85 million in 2022, according to the financial results. Nilesat’s earnings per share (EPS) reached $1.03 […]
One of the largest piracy services in the Middle East-North Africa (MENA) region has been shut down in Egypt by the Egyptian police, in collaboration with the Alliance for Creativity and Entertainment (ACE), the anti-piracy organisation. CimaClub enabled users to directly download or stream pirated content, offering a VoD library of nearly 50,000 movie and […]