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Satellites

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.
  • Bayanat, Yahsat, ICEYE increase Middle East satellite fleet to 7

    Abu Dhabi, UAE – Bayanat, a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company (Yahsat), the UAE’s flagship satellite solutions provider, on Wednesday announced the expansion of their ambitious Earth Observation (EO) space program from five to seven synthetic aperture radar (SAR) satellites.The expansion of the...
  • ASPACE to set up Saudi’s first satellite manufacturing unit

    Riyadh, Saudi Arabia -- Saudi Arabia announced Thursday the completion of SAR 1 billion investment procedures by ASPACE, a Hong Kong-based company.This investment aims to establish an advanced satellite manufacturing company within the Kingdom, with expected growth throughout the project phases, for the manufacturing of components, subsystems, and satellites.ASPACE will...
  • Thuraya, nybl sign MoU

    They will deploy AI in Thuraya and Yahsat satellites
  • Yahsat H1 net income up 5%

    The company reported a revenue of $205m in H1 2023.
  • Satellites could beam poorest nations out of digital desert

    At the moment just 36 percent of the 1.25 billion people in the world's 46 poorest countries can plug into the internet, the International Telecommunication Union said. By comparison, more than 90 percent have access in the European Union. The ITU condemned the "staggering international connectivity gap".
  • Yahsat H1 revenue $206m

    This is the company's highest ever first-half revenue.
  • UAE announces fund to develop and launch advanced satellites

    UAE Space Agency on Sunday announced a new AED3 billion ($816 million) national investment and development fund for the space sector, The National Space Fund. The Fund will support ground breaking new programmes launched to support international and Emirati companies co-operating in leading edge space sector engineering, sciences and research...
  • Amazon inks satellite deals

    Satellites in low orbit to provide internet service to people below.
  • Saudi connectivity takes off with five times faster Wi-Fi-6e

    The Communications and Information Technology Commission (CITC), Saudi Arabia’s digital regulator, has announced the launch of WiFi-6e as part of a raft of measures aimed at boosting connectivity in the Kingdom. The announcement was made on the sidelines of the global technology conference LEAP22, which is taking place in Riyadh...