Cairo-based Middle East satellite operator Nilesat has signed a Memorandum of Understanding (MoU) with RASCOM (Regional African Satellite Communications Organisation) with the intention of boosting satellite technology collaboration across Africa and the Mid-East. The MoU is, in essence, a Marketing Service Contract, marking the beginning of a “dynamic and mutually beneficial partnership in the field […]

Nilesat’s total operating revenue amounted to $101.14 million at the end of December 2024, compared to $101.82 million (€97.2m) in 2023. The Cairo-based satellite operator generated net profits worth $57.68 million in 2024, up 31.83 per cent YoY from $43.754 million, according to a formal statement to the Cairo stock exchange. In the first nine […]