Search Site

Trends banner

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

YahClick, Canar sign 6-year pact

The agreement will expand YahClick's presence in Africa. (YahClick)
  • The deal will make Sudan's Canar Telecom one of YahClick’s largest service providers across the region.
  • Under the agreement, Canar has procured significant satellite capacity from YahClick.

Abu Dhabi, UAE: YahClick, the Data Solutions subsidiary of Al Yah Satellite Communications Company, has signed a $15 million six-year strategic partnership agreement with Canar Telecommunication of Sudan to further expand its satellite broadband presence in Africa.

The deal will make Canar one of YahClick’s largest service providers across the region and deliver a wide range of new and improved services to customers across Sudan.

Under the agreement, Canar has procured significant satellite capacity from YahClick, which will be used by the company to deliver fast broadband internet connectivity to consumers and businesses in Sudan.

Canar is seeking to provide enhanced connectivity to support a series of e-government programs and revitalize the country’s banking and private sectors, YahClick said in a statement to Abu Dhabi Stock Exchange.

The telecoms provider is also aiming to support entrepreneurs in the country to digitally-empower their businesses by offering them more affordable and reliable internet services.

Ali Al Hashemi, Yahsat Group Chief Executive Officer, said, “The strategic partnership with an established telecoms operator in the country will allow YahClick to support other communities across the Middle East and Africa.”

Abdalla Saeed, Canar Chief Executive Officer, said, “By leveraging YahClick’s solutions we will be able to build up the country’s digital infrastructure in a manner that will allow our local economy to grow and thrive.”