TVU Networks, the market and technology specialist in cloud and IP-based live video solutions, has announced an expanded partnership with Nilesat, the Egyptian satellite communication provider, that will increase contribution capability for Nilesat’s African customers and decrease transmission costs. In conjunction with a new satellite scheduled to launch in Q2 2022, TVU Networks will offer […]
The Egyptian Satellite Company’s is already serving some 56 million homes and 270 million viewers across the Middle East, North Africa and the Gulf regions. With the launch next year of Nilesat 301 it is intent on adding more homes and viewers from Africa. “Being the mainstay satellite of the Arab world, Nilesat has always […]
Amr Talaat, Egypt’s Minister of Communications and Information Technology, has announced plans to provide more than 60 million people in rural areas with high-speed internet under an ambitious drive to unlock new pathways for economic growth. Speaking at the Egypt – International Cooperation Forum (Egypt-ICF) in Cairo, Talaat said the initiative is part of a […]
Egypt is increasing its investment in space and is already building four buildings out of a planned 23 to be established at its Egyptian satellite city being on an area of 123 acres, and is located on the Central Ring Road, outside Cairo. Five additional buildings have been started. Engineer Ahmed Youssef, head of the […]
Egypt’s Minister of Information Osama Heikal has resigned unexpectedly. Heikal also resigned from his position as president of Egypt’s giant Media Production City (EMPC), under something of a cloud. Heikal has been much criticised; In January members of the lower parliamentary house complained that his holding of these two offices was a “clear violation of […]
Nilesat’s CEO Ahmed Anis confirmed to a general assembly meeting of shareholders that the company recorded net profits of more than $34 million last year. The profit was based on revenues of $125 million. However, this was a 4 per cent decline on 2019’s $130.7 million revenue. He told the meeting that Nilesat had paid […]
Arabsat has announced the signing of a strategic partnership and cooperation agreement with Cairo-based IT specialist Fixed Solutions and EgyptSat to “enhance the commercial relationship between the three parties and benefit from the different services of Arabsat satellites, which have a multiple wide range of coverage”. Khalid bin Ahmed Balkheyour, CEO of Arabsat, expressed his […]
Egypt’s public broadcaster, the Egyptian Radio & Television Union (ERTU), has been technically bankrupt for many years. It has been kept afloat by annual handouts from the Egyptian government. Rumours have circulated that the government is contemplating placing a supplementary tax on electricity bills in order to fund the broadcaster, and pay for expansion and […]
Cairo-based satellite operator Nilesat continues to suffer from squeezed margins leading to falling revenues and lower net profit. In its latest set of accounts, released to the Cairo stock exchange on February 11th, the operator’s net profit for 2020 tumbled 19.8 per cent (y-o-y) to $34.15 million, compared to $42.53 million in the previous year. […]
Channel 4 has acquired dramedy Ramy from Lionsgate Television, with season one launching on February 5th on Channel 4 and episodes then available on All 4. Golden Globe winner and comedian Ramy Youssef stars in the titular role as a millennial Egyptian American on a spiritual journey, caught between the two cultures of his politically […]