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 […]
Witness the secrets of ancient Egypt being unlocked in the fourth instalment of National Geographic’s immersive documentary series, Lost Treasures of Egypt, as ground-breaking new discoveries lift the lid on this intriguing ancient civilisation across eight brand new episodes airing from October 2nd. The new season will air globally across 172 countries and in 43 […]
NileSat has again seen its profits squeezed. It has recorded net profits of $7.27 million (€7m) during the first quarter of 2022, lower than $15.30 million in Q1 last year. NileSat’s revenues settled at $25.04 million in the first three months of this year, compared to $30.95 million during the same period a year earlier, […]
Egypt’s latest communications satellite, NileSat 301, has slipped a month from its expected launch date towards the end of April to later in May. The craft has been built by Thales Alenia Space and reportedly has been placed in its shipping container ready for delivery from Cannes Mandelieu by boat to Cape Canaveral. Launch is […]
Egypt’s ERTU public broadcaster has reportedly not been paying its employees on time. This dilemma prompted a number of staff to publicly complain. The complainants carried banners and staged demonstrations outside the giant Nile-side Maspero tower in Cairo which houses the organisation. However, these actions have resulted in some employees being “disciplined” according to local […]
Globecast, the global solutions provider for media, has announced that it has been selected by CAF (The Confederation of African Football) for two seasons of satellite distribution for their main competitions. This includes the rescheduled TotalEnergies Africa Cup of Nations 2021 men’s football championship, being held in Cameroon, which kicked off last month. Pierre Ramon, […]
SPORT1, the German sports platform, has acquired the rights for the FIFA Club World Cup UAE 2021 from the agency Dentsu exclusively in Germany and non-exclusively in Austria and Switzerland. The two semi-finals and the final, the decisive phase of the tournament, which takes place from February 3rd to 12th in the UAE, will be […]
beIN Media Group, the global sports and entertainment broadcaster, and its flagship sports channel beIN Sports, revealed that it has achieved record-setting viewership figures of over 450 million cumulative views during the FIFA Arab Cup Qatar 2021 that was held from November 30th to December 18th 2021. In a move to make such a regionally […]
There was a major fire on November 15th near one of the Nilesat buildings near Cairo’s Media Production City. Six fire trucks and their crews fought the fire. Experts said that a heavy-duty transformer had caught fire although power to the satellite section of Nilesat was reportedly not affected. An inspection proved that the fire […]
Cairo-based Nilesat, which serves the MENA region, has again seen profit fall 22 per cent for the 9 months to September 30th. The operator’s net profit for the 9 month period was $20.3 million(€17.7m) – down from $26.07 million in the same period last year. NileSat is now again trading successfully with Eutelsat with whom […]