Al Yah Satellite Communications Company (Yahsat), the UAE’s satellite solutions provider has announced its consolidated financial results for the nine months ended September 30th 2023. Revenue and Normalised EBITDA grew 3 per cent for the first nine months of the year versus the prior year to reach AED 1.2 billion (€302.4m) and AED 713 million […]
Abu Dhabi-based YahSat has secured an order from the United Arab Emirates (UAE) worth more than $5 billion (€4.73bn) for future broadband satellite business. The cash covers a 17-year contract for capacity and extending existing contracts which will expire in 2026. The funding will also cover the costs for two new geostationary satellites (Al Yah […]
Skyline Communications, global leading provider of end-to-end vendor- and domain-agnostic digital transformation solutions for the ICT media and broadband industry, has announced that du, one of the main telecom operators in Dubai, United Arab Emirates, has again expanded Skyline’s DataMiner Platform for its new Al Qudra teleport as well as for the integrated monitoring of […]
Million Dollar Listing UAE debuts on September 15th on MENA streaming service Starzplay to offer viewers an exclusive glimpse into the lives of five prominent UAE-based brokers as they navigate the thrilling landscapes of real estate in Abu Dhabi and Dubai, all while balancing their personal lives. Following the hit series from Bravo in the […]
e&, previously known as Etisalat, has acquired a controlling stake in PPF Telecom Group’s assets in a transaction valued at €2.15 billion – with additional earn-out payments of up to €350 million within three years after closing of the deal if PPF Telecom hits certain financial targets. There is a clawback of €75 million if […]
CleverTap, the B2B SaaS platform for customer engagement and retention, has made its platform available within the UAE through data centres hosted on Amazon Web Services (AWS), an Amazon company. It will help CleverTap’s customers in the UAE strengthen compliance in accordance with amendments to the DIFC (Dubai International Financial Centre) Data Protection Law and […]
Bayanat, a provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company PJSC (Yahsat), the UAE satellite solutions provider, have announced a comprehensive Space Programme aimed at building national satellite remote sensing and Earth Observation (EO) capabilities within the UAE to commercially address business opportunities in the local and global EO market. The programme […]
Distrelec has conducted a study to see where increases in connectivity have had the greatest economic impact and where the race could be on to close the gap, by directly comparing growth in connectivity between 2014 and 2021 to the changes to GDP per capita in that period of time. The study measures four enablers: […]
Abu Dhabi-based Yahsat has released a White Paper on the evolution of the MENA space and SATCOM Sectors. The operator says it has witnessed “unprecedented growth” in the overall $469 billion (€442.1bn) MENA space economy (according to the Space Foundation) and which Morgan Stanley says could surge to over $1 trillion by 2040. Yahsat says […]
Abu Dhabi-based Yahsat has issued RFPs for two new satellites (Al Yah 4 and Al Yah 5) with launch targets of 2026-2027. The news came as part of the operator’s financial results for the nine months to September 30th. Yahsat says almost all of its divisions reported growth with improved revenues and that the company […]