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 […]
The next edition of the Arab HDTV & Beyond Group will be held in Dubai during CabSat, and will include discussion and updates on Ultra HD. Hasan Sayeed Hasan, chairman of the Arab HDTV & Beyond Group says that it is important to realise that this is an “in person” meeting on October 27th (Day […]
Abu Dhabi-based Yahsat (Al Yah Satellite) says it has won an additional AED316 million (€74.4m) for its Thuraya subsidiary. Yahsat says: “The agreements strengthen the Group’s robust and growing dividend capacity and add to the Group’s contracted backlog of over AED7 billion, equivalent to over five times the annual revenues of 2020. With stable and […]
Abu Dhabi-based Yahsat (Al Yah Satellite) will likely adopt a dividend pay-out proposal which will result in dividends being paid twice-yearly. The proposal has been adopted by the company’s directors and will be placed before shareholders at an upcoming AGM. Yahsat, in its statement, said: “Al Yah Satellite Communications Co (Yahsat) listed on the Abu […]
Yas Creative Hub, the home for Abu Dhabi’s media, gaming & entertainment sector, has reached the 95% completion mark, it was revealed today as twofour54 Abu Dhabi also announced that the first units will be ready to hand over to tenants by the end of this year. The 270,000 sq m (2.9 million sq.ft) sustainable […]