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 […]
Panasonic Avionics has signed an agreement with Egyptair for the installation of its Astrova seat-end in-flight communications and entertainment technology on the airline’s new Airbus A350-900 fleet. With this agreement, Egyptair becomes the first airline in Africa to select Astrova. Panasonic Avionics’ newest solution will be linefit installed in Egyptair’s A350 Business Class cabins with […]
Ideal Systems Group has announced the successful completion of a turn-key project for Al-Ghad TV, to design and build visually stunning and technically advanced TV News Studios in Cairo, Egypt. Ideal Systems was selected by Al-Ghad TV (which in English means ‘Tomorrow’), the leading Arab news channel in Egypt as a one-stop-shop to migrate Al-Ghad […]
Nilesat, the Egyptian satellite company, has reported a 3.2 percent year-on-year rise in net profits after tax during the first half of 2023, recording net-profit of $19.304 million, compared to $18.706 million, according to the financial income statement filed to the Egyptian Exchange. Nilesat’s operating revenue climbed by 2.09 per cent year-on-year in the six-month […]