Middle East Stories
11/05/2022
Yahsat Reports 1Q22 Revenue Growth of 9.4% and a 26.4% Increase in Profit
1Q22 revenue of AED 362.5 million [USD 98.7 million], up 9.4% year-on-year 1Q22 Adjusted EBITDA of AED 213.4 million [USD 58.1 million], up 6.8% year-on-year ...
05/05/2022
First Gulf and Nicola Wealth Real Estate acquire Oakville site slated for Industrial Condos
The partnership acquired the 13.4 acre site to develop small-bay industrial cond...
29/04/2022
Yahsat Awarded Contracts Totaling AED 28.3 Million in Value to Design and Deliver Advanced...
Yahsat has been appointed to enable UAE Government platforms with a satellite co...
12/04/2022
Yahsat Announces Results of Annual General Meeting and Total Dividend of AED 385.5 million...
All resolutions approved at AGM including amendment to dividend policy allowing ...
08/03/2022
Al Seer Marine and Yahsat Join Forces to Offer Interoperable Next Generation Satellite Co...
MoU signed to collaborate on line-fitting unmanned vessels and pre-qualifying Ya...
07/03/2022
Yahsat and EDGE Join Forces to Equip NIMR Vehicles with Interoperable Satellite Connectivi...
Yahsat and Edge have agreed to line-fit pre-qualified Comms-On-The-Move (COTM) s...
01/03/2022
Yahsat Reports Strong FY2021 Results Supported by Exceptional 4Q21 Performance
FY2021 revenue of AED 1.49 billion [USD 407.6 million], increased year-on-year driven by exceptional 4Q21 performance in which revenues grew 7.9% vs. prior year...
28/02/2022
Thuraya Launches its Innovative Push-to-Talk Communications Solution with Cobham SATCOM
Abu Dhabi, 28 February, 2022 : The new solution will provide users the abili...
24/02/2022
Thuraya Announces Partnership with Delnet International Corporation in the Philippines
Abu Dhabi, 24 February, 2022 : Thuraya and Delnet are bringing game-changing...
14/02/2022
Yahsat Awarded AED 909.5 Million Managed Services Mandate by the UAE Government
Yahsat will provide managed services for ground satellite communications services and solutions for the next 5 years Agreement represents an important mileston...
03/02/2022
Yahsat Awarded AED 24 Million Contract by Abu Dhabi Ship Building to Deliver Advanced Sate...
Yahsat will deliver advanced and secure satellite communication solutions Yahs...
26/01/2022
First Gulf purchases the former Element head office within the Sheridan Research Park in south Mississauga
First Gulf has continued to execute on its strategic growth and diversification ...
13/01/2022
Thuraya Signs Service Partner Agreement with Libya-based Altaqnya to Launch Multi-Platform Products and Solutions
Abu Dhabi, 13 January, 2022 : Thuraya signs service partner agreement with l...
13/01/2022
Thuraya Signs Service Partner Agreement with Libya-based Altaqnya to Launch Multi-Platform...
Abu Dhabi, 13 January, 2022 : Thuraya signs service partner agreement with l...
20/12/2021
Yahsat Collaborates with Emirates Schools Establishment to Connect UAE Students with High-...
Abu Dhabi, 20 December 2021: The collaboration between Emirates Schools Establis...
26/11/2021
Yahsat Announces Global Agreement with Ericsson to Boost Telecommunications Technologies, ...
Yahsat will provide advanced telecommunication services and solutions to integra...
25/11/2021
Yahsat Announces Global Agreement with Ericsson to Boost Telecommunications Technologies, Automation and IoT Sales and Services
Abu Dhabi, 25 November, 2021 : Yahsat will provide advanced telecommunicatio...
25/11/2021
Yahsat Announces Global Agreement with Ericsson to Boost Telecommunications Technologies, ...
Abu Dhabi, 25 November, 2021 : Yahsat will provide advanced telecommunicatio...
23/11/2021
Yahsat's Mobility Arm estimates $80 million of revenues from new broadband distribution ag...
Cobham SATCOM to be appointed as the main distributor, on a non-exclusive basis,...
23/11/2021
Yahsat's Mobility Arm estimates $80 million of revenues from new broadband distribution agreement with Cobham SATCOM
Abu Dhabi, 22 November, 2021 : Cobham SATCOM to be appointed as the main dist...
23/11/2021
Yahsat's Mobility Arm estimates $80 million of revenues from new broadband distribution ag...
Abu Dhabi, 22 November, 2021 : Cobham SATCOM to be appointed as the main dist...
22/11/2021
Yahsat to be added to the FTSE UAE Small Cap Index
Abu Dhabi, United Arab Emirates, 21 November 2021: Al Yah Satellite Communications Company PJSC ( Yahsat and, together with its subsidiaries, the Group ), the...
22/11/2021
Yahsat partners with Cobham SATCOM to deliver industry-leading capabilities for its mobile satellite systems
Abu Dhabi, 09 September, 2021 : The partnership with Cobham SATCOM will enab...
22/11/2021
Yahsat partners with Cobham SATCOM to deliver industry-leading capabilities for its mobil...
Abu Dhabi, 09 September, 2021 : The partnership with Cobham SATCOM will enab...
18/11/2021
Yahsat signs MoU with Mubadala Petroleum to explore advanced satellite technologies
The MoU establishes a framework to discuss the provision of fixed and maritime V...
17/11/2021
Tawazun and Yahsat launch Star Technologies to develop and manufacture satellite communica...
The initiative combines UAE talent and international expertise to create a self-...
15/11/2021
MSCI Includes Yahsat in its Global Indices
Abu Dhabi, United Arab Emirates, 14 November 2021: Al Yah Satellite Communications Company PJSC ( Yahsat and, together with its subsidiaries, the Group ), the...
12/11/2021
Yahsat's mobility business Thuraya and GTNT Reaffirm Commitment to Expand Mobile Satcom Business in Russia
Abu Dhabi, 11 November, 2021 : The new agreement enables Thuraya and GTNT to...
12/11/2021
Yahsat's mobility business Thuraya and GTNT Reaffirm Commitment to Expand Mobile Satcom B...
Abu Dhabi, 11 November, 2021 : The new agreement enables Thuraya and GTNT to...
08/11/2021
Yahsat reports robust financial performance for the nine months ended 30 September 2021
Year to date revenues broadly in line vs prior year with strong momentum going i...
07/11/2021
Yahsat and G42 to Collaborate on Remote Sensing and AI enabled Geospatial Analytics
The MoU brings together Yahsat's advanced upstream satellite capabilities an...
29/10/2021
First Gulf and Nicola Wealth Real Estate acquire another 13.5 acres in Whitby
First Gulf and Nicola Wealth Real Estate (NWRE) have purchased more suburban land in the GTA with the acquisition of a 13.5-acre industrial development property...
29/10/2021
Yahsat's Data Solutions Subsidiary YahClick Announces Strategic Pan-African Partnership wi...
YahClick expands its satellite broadband enterprise solutions in Nigeria, Zambia...
15/10/2021
First Gulf partners with Nicola Wealth Real Estate on land purchase in Whitby
First Gulf has once again partnered with Nicola Wealth Real Estate (NWRE) to acquire a 48-acre industrial development property in north Whitby. Situated on Ash...
11/10/2021
Yahsat's mobility business Thuraya secures AED 316 million distribution contracts
The agreements adds significantly to Yahsat's anticipated future cash flows ...
11/10/2021
Yahsat's mobility business Thuraya secures AED 316 million distribution contracts
Abu Dhabi, 10 October, 2021 : The agreements adds significantly to Yahsat'...
10/10/2021
Yahsat's Board approves proposal to amend dividend policy to allow semi-annual dividend pa...
The proposed update to the dividend policy to be presented for approval at the C...
06/10/2021
Yahsat appointed by UAE Government to assess expansion of existing fleet with two new sate...
Yahsat has been appointed to complete detailed analysis, assessment and recommen...
10/09/2021
Al Jazira Club Announces Yahsat as its First Team Official Training Partner
Abu Dhabi, United Arab Emirates, 8th of September 2021: Al Jazira Sports Club today announced a new partnership with Al Yah Satellite Communications Company PJS...
10/09/2021
Yahsat partners with Cobham SATCOM to deliver industry-leading capabilities for its mobil...
The partnership with Cobham SATCOM will enable Yahsat to enhance data services f...
09/09/2021
Yahsat selects SpaceX to launch its next-generation Thuraya 4-NGS satellite
Yahsat selects Falcon 9 to launch its Thuraya 4-NGS satellite SpaceX designs, manufactures and launches the world's most advanced rockets and spacecraft T...
08/09/2021
Yahsat selects SpaceX to launch its next-generation Thuraya 4-NGS satellite
08 September, 2021 : Yahsat selects Falcon 9 to launch its Thuraya 4-NGS satellite SpaceX designs, manufactures and launches the world's most advanced ...
03/09/2021
Yahsat Selects GMV to Provide Spacecraft Control Systems for Upcoming Thuraya 4-NGS Satell...
New Spacecraft Control System to provide highly secure and reliable monitoring a...
02/09/2021
Yahsat and Airbus Complete Preliminary Design Review of Next Generation Satellite Thuraya 4-NGS
Abu Dhabi, 09 June, 2021 : Al Yah Satellite Communications Company (Yahsat), th...
02/09/2021
Yahsat Selects GMV to Provide Spacecraft Control Systems for Upcoming Thuraya 4-NGS Satellite
Abu Dhabi, 02 September, 2021 : New Spacecraft Control System to provide hig...
02/09/2021
Yahsat and Airbus Complete Preliminary Design Review of Next Generation Satellite Thuraya ...
Abu Dhabi, 09 June, 2021 : Al Yah Satellite Communications Company (Yahsat), th...
02/09/2021
Yahsat Selects GMV to Provide Spacecraft Control Systems for Upcoming Thuraya 4-NGS Satell...
Abu Dhabi, 02 September, 2021 : New Spacecraft Control System to provide hig...
16/08/2021
First Gulf, NWRE and Challenger Motor Freight partner on 52-acre industrial project
First Gulf has partnered with Nicola Wealth Real Estate (NWRE) and Challenger Mo...
12/08/2021
Yahsat announces 28% increase in Normalised Net Income in H1 2021 as contract backlog so...
Robust financial performance, with AED 698 million [USD 190 million] in revenues...
15/07/2021
Mubadala-owned Yahsat Successfully Commences Trading on ADX
Abu Dhabi, United Arab Emirates, 14 July 2021: Al Yah Satellite Communications Company PJSC ( Yahsat or the Group ), a leading satellite communications servic...
