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 […]
Jakob Mejlhede Andersen, former Viaplay Group and Shahid Chief Content officer, has launched a new production and development company, The Yard Films, based out of Dubai and Abu Dhabi. The executive team also includes Camilla Hammer, an industry expert with global acquisitions, sales and packaging experience and Phil Rostom, an industry veteran across the MENA […]
The 2022 Formula 1 World Championship season has ended as the most-viewed ever on US television, beating a record that was set just last season. The season averaged 1.21 million viewers per race across ESPN, ESPN2 and ABC, a 28 per cent increase over the previous US television record of 949,000 average viewers that was […]
The board of twofour54, the Abu Dhabi-based media, entertainment, and gaming hub, has appointed Mark Whitehead Chief Executive Officer to lead twofour54 into its next phase of sustainable growth. Whitehead brings extensive experience in media, content creation and productions to twofour54. He has held numerous senior positions within the international media and entertainment industry, including […]
twofour54, the Abu Dhabi-based media, entertainment, and gaming hub, is expanding its production facilities through pioneering Virtual Solutions. Launched in partnership with the Canadian media firm Ross Video, the new offering includes Virtual Studios, Virtual Production services, and Extended Reality features. Featuring the latest 3D graphics and augmented reality (AR) technologies, it the first facility […]
E-Vision, from e& (previously known as Etisalat Group), and ADQ, an Abu Dhabi-based investment and holding company, have announced the signing of a binding agreement to acquire a majority equity stake of circa 57 per cent in Starzplay Arabia, an SVoD and streaming service provider in the Middle East and North Africa. The e& led […]
Abu Dhabi-based Yahsat reported revenues of $407.6 million (€364.7m) for its full year’s trading (to December 31st 2021), up 7.9 per cent on the previous year. The satellite operator also enjoyed its highest-ever Net income (profit attributable to shareholders) of $69.8 million. It contracted backlog has grown 35 per cent over the year to $2 […]
Abu Dhabi-based satellite operator Yahsat has won a contract from the local Abu Dhabi Ship Building (ADSB) to provide advanced and secure satellite communication services. The contract is worth AED 24 million (€5.7 million). Yahsat says it will design, deliver and integrate the satellite communication systems in vessels produced by ADSB. Yahsat will work closely […]
Abu Dhabi-based Al Yah Satellite (YahSat) reported Q3 profits of $13.2 million (€11.3m), a 37.8 per cent fall on the same period last year. The fall is doubly disappointing for investors considering YahSat mounted its IPO and listing on the Abu Dhabi bourse in July. YahSat’s profits for the 9-month period fell to $43.3 million […]
Abu Dhabi-based YahSat’s broadband service YahClick has expanded its service to Pan-African coverage through a partnership with iSat Africa. The agreement extends YahClick’s service to Nigeria, Zambia, the Congo and East Africa. Data and research suggests that revenues from fixed satellite data services in Africa are expected to grow at an average rate of 15.8 […]