Al Yah Satellite Communications Co PJSC (Yahsat) News - Mubasher Info
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Al Yah Satellite Communications Co PJSC (YAHSAT)

Last update: 24 April 02:55 PM market time.
2.36
0.02
0.85%
Open 2.34
Previous Close 2.34
High 2.38
Low 2.34
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Volume 3,011,081
Turnover 7,102,360.29
All data are 15 minutes late during market session

News

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5 March 10:22 AM Yahsat unveils $110.5m profits to owners in 2023, dividends
Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Al Yah Satellite Communications Company (Yahsat) hit $110.36 million in 2023, marking an annual leap from $65.56 million. The revenues grew by 6% year-on-year (YoY) to …
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20 December 2023 10:40 AM Bayanat, Yahsat unveil AI-powered JV Space42
Abu Dhabi - Mubasher: Bayanat AI and Al Yah Satellite Communications Company (Yahsat) have introduced Space42, a new AI-powered space technology champion in the MENA region. The new brand followed the proposed merger of Bayanat and Yahsat, which …
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19 December 2023 09:47 AM Bayanat, Yahsat to create MENA’s 1st space tech giant at AED 15bn
Abu Dhabi - Mubasher: The board members of Bayanat AI and Al Yah Satellite Communications Company (Yahsat) proposed a merger of the two listed entities to establish an AI-powered space tech firm in the MENA region. The joint venture (JV) will have …
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16 November 2023 10:00 AM Bayanat partners with Yahsat to reinforce SAR satellite in Middle East
Abu Dhabi - Mubasher: Bayanat AI and  Al Yah Satellite Communications Company (Yahsat) teamed up to expand the earth observation (EO) space programme from five to seven synthetic aperture radar (SAR) satellites. This move will enable Bayanat and …
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7 November 2023 04:20 PM Yahsat sees higher profits in 9M-23, turns profitable in Q3
Abu Dhabi – Mubasher: Al Yah Satellite Communications Company (Yahsat) achieved net profits attributable to the owners valued at $71.75 million in the first nine months (9M) of 2023, up year-on-year (YoY) from $35.14 million. The revenues …
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28 September 2023 02:21 PM Yahsat wins AED 18.7bn mandate from UAE government
Abu Dhabi – Mubasher: Yahsat Government Solutions, the government services arm of Al Yah Satellite Communications Company, has been recently awarded an Authorization to Proceed mandate to provide satellite capacity and managed services for 17 …
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21 September 2023 11:41 AM Yahsat increases interim dividends to AED 201m for H1-23
Abu Dhabi – Mubasher: Al Yah Satellite Communications Company (Yahsat) announced interim cash dividends of AED 201 million ($54.70 million) for the first half (H1) of 2023, according to a press release. Yahsat will pay out a dividend of 8.23 fils …
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9 August 2023 00:57 PM Yahsat’s profits to owners down in H1-23
Abu Dhabi – Mubasher: Al Yah Satellite Communications Company (Yahsat) posted net profits attributable to the shareholders worth $45.30 million in the first half (H1) of 2023, an annual drop from $45.36 million. The revenues edged down by 0.20% to …
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11 May 2023 10:20 AM Yahsat’s net profits cross $20m in Q1-23 results
Abu Dhabi – Mubasher: The net profits attributable to the shareholders of Al Yah Satellite Communications Company (Yahsat) amounted to $27.07 million during the first quarter (Q1) of 2023. The generated net profits were higher than $20.09 million …
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4 April 2023 00:58 PM Yahsat’s unit, Astrocast to invest in LEO satellite constellation
Abu Dhabi – Mubasher: Thuraya Telecommunications Company, the mobile satellite services subsidiary of Al Yah Satellite Communications Company (Yahsat), concluded heads of terms for an investment agreement with Astrocast, a low earth orbit (LEO) …
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28 February 2023 02:05 PM Yahsat unveils $65.5m profits to shareholders in 2022, dividends
Abu Dhabi – Mubasher: Al Yah Satellite Communications Company (Yahsat) logged net profits attributable to the equityholders worth $65.56 million in 2022, an annual decline from $69.76 million. Revenues increased by 6% year-on-year (YoY) to $432.54 …
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31 January 2023 00:51 PM Yahsat’s unit, Canar pen $15m deal to foster digital services in Sudan
Abu Dhabi – Mubasher: YahClick, the data solutions subsidiary of Al Yah Satellite Communications Company (Yahsat), inked a $15 million contract with Sudan-based Canar Telecommunication Company Ltd. Through the six-year strategic partnership …
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17 November 2022 04:02 PM Yahsat mulls AED 909m deals with UAE’s government
Abu Dhabi – Mubasher: The board of Al Yah Satellite Communications Company (Yahsat) plans to enter into AED 909 million managed services agreement with the UAE’s government.  The board will consider the deal during their next meeting, which will …
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8 November 2022 01:15 PM Yahsat’s profits to owners fall to over $35m in 9M-22
Abu Dhabi – Mubasher: The net profits attributable to the equityholders of Al Yah Satellite Communications Company (Yahsat) amounted to $35.14 million in the first nine months (9M) of 2022. The 9M-22 gains were lower than $43.29 million in 9M-21, …
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12 October 2022 05:55 PM Yahsat acquires stake in eSAT Global to expand in IoT industry
Abu Dhabi - Mubasher: Al Yah Satellite Communications Company (Yahsat) has acquired minority equity in eSAT Global Inc, an internet of things (IoT) connectivity solutions provider. The acquisition aligns with Yahsat’s strategy to participate in …
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21 September 2022 05:14 PM Yahsat announces over AED 196.5m dividends for H1-22
Abu Dhabi - Mubasher: Al Yah Satellite Communications Company (Yahsat) plans to disburse interim cash dividends of AED 196.60 million ($53.50 million) for the first half (H1) of 2022. Yahsat will distribute a dividend of 8.06 fils per share (2.19 …
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9 August 2022 06:36 PM Yahsat reports $45m profits in H1-22
Abu Dhabi - Mubasher: Al Yah Satellite Communications Company (Yahsat) has registered net profits attributable to the shareholders of $45.36 million during the first half (H1) of 2022, higher by around 50% than $30.10 million in H1-21. Revenues …
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11 May 2022 04:28 PM Yahsat sees 26% higher profits in Q1-22
Abu Dhabi - Mubasher: Al Yah Satellite Communications Company (Yahsat) posted a 26.4% year-on-year (YoY) increase in its net profits attributable to the shareholders to $20.09 million in the first quarter (Q1) of 2022 from $15.89 million. The …
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12 April 2022 10:50 AM Yahsat's OGM approves AED 193m dividends for H2-21
Abu Dhabi - Mubasher: The ordinary general meeting (OGM) of Al Yah Satellite Communications Company (Yahsat) has approved a cash dividend distribution of 7.9 fils per share for the second half (H2) of 2021. The dividend payout aggregates at a …
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8 March 2022 10:36 AM Yahsat inks MoU with Al Seer Marine to offer satellite communications solutions
Abu Dhabi - Mubasher: Yahsat Government Solutions (YGS), the government division of Al Yah Satellite Communications Company (Yahsat), has partnered with Al Seer Marine to equip maritime vessels with interoperable next-generation satellite …
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7 March 2022 11:07 AM Yahsat partners with EDGE to offer satellite connectivity solutions
Abu Dhabi - Mubasher: Yahsat Government Solutions (YGS), the government division of Al Yah Satellite Communications Company (Yahsat), has signed an agreement to equip the vehicular systems of EDGE Group's entity, NIMR, with interoperable satellite …
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1 March 2022 02:08 PM Yahsat records higher profits in 2021; dividends proposed
Abu Dhabi - Mubasher: The net profits attributable to the shareholders of Al Yah Satellite Communications Company (Yahsat) increased to $69.76 million in 2021, compared to $68.90 million in 2020, according to the company's consolidated financials …
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3 February 2022 10:30 AM Yahsat's unit awarded AED 24m contract by ADSB
Abu Dhabi - Mubasher: Yahsat Government Solutions (YGS), the government arm of Al Yah Satellite Communications Company (Yahsat), has won an AED 24 million contract by Abu Dhabi Ship Building (ADSB) to offer satellite communication services. Under …
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25 November 2021 02:59 PM Yahsat partners with Ericsson to offer connectivity services
Abu Dhabi - Mubasher: Al Yah Satellite Communications Company (Yahsat) has partnered with Nasdaq-listed Ericsson to offer private network, data, and internet connectivity services across the oil and gas, mining, and ports industries. Under the …
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22 November 2021 11:58 AM Yahsat's unit partners with Cobham to distribute broadband products
Abu Dhabi - Mubasher: Thuraya Telecommunications Company, a subsidiary of Al Yah Satellite Communications Company (Yahsat), has signed a long-term agreement with Cobham SATCOM (Cobham) to distribute next-generation broadband products. For a …