Space42 says the new satellite will enable the company to introduce more than 15 new products once operational
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satellite
Space42 EBITDA and net income grows despite revenue decline
Company reports 9-month pro forma results following the completion of merger between Bayanat and Yahsat in October
Abu Dhabi
Yahsat reveals net profit rise to $48mn, ‘remains in a strong position’
The Abu Dhabi-based satellite communications company Yahsat announces a 3% rise in EBITDA and 5% growth in net profits for H1 2023
Agriculture
Elon Musk’s Starlink satellite internet coming to GCC via French firm IEC Telecom
The France-based global satellite service operator, in collaboration with Yahsat arm Thuraya, is to offer a range of vessel on-board communication options, including ‘home-like’ streaming services in super yachts
Abu Dhabi Securities Exchange
Abu Dhabi-based Yahsat to pay $52.5 million in dividends to shareholders for 2021
The ADX listed satellite solutions provider signed an agreement worth more than $700 million with the UAE government for managed capacity services on the Thuraya 4 Next Generation Satellite
Brand View
Qualitynet wins license to provide Internet Services & Satellite Communications for Iraq
Brand View: Qualitynet becames the first Kuwaiti telecommunications service provider to win a service license after a strong competition with a number of Iraqi and international companies