Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE's Al Yah 3 satellite launch in 2016  Join our daily free Newsletter

MENAFN - Khaleej Times - 03/07/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Khaleej Times) The third satellite places yahsat as the worlds eighth largest operator in terms of revenue and as a leader in innovative satellite solutions

the uae’s investment in space exploration aerospace and the satellite industry is encouraging a new generation of uae national science and technology leaders across multiple disciplines. — supplied photoYahsat the uae-based satellite operator a wholly owned company of the mubadala development company has announced plans to launch its third satellite in 2016 extending their commercial ka-band coverage to an additional 17 countries and 600 million users.The third satellite places yahsat as the world’s eighth largest operator in terms of revenue and as a leader in innovative satellite solutions.Homaid al shemmari ceo of aerospace and engineering services at mubadala said: “yahsat is one of the uae’s great success stories. with the launch of al yah 3 we are well positioned to reach our goal of becoming a global leader in the provision of advanced satellite services. the launch of the company’s third satellite within less than a decade of operation is a clear signal of the uae aerospace industry’s intentions for the future.”The uae’s investment in space exploration aerospace and the satellite industry is encouraging a new generation of uae national science and technology leaders across multiple disciplines. a young company with a work force of over 57 per cent uae nationals already al yah 3 will create new career opportunities for uae nationals through a new program developed for the al yah 3 project which will allow a select group of students to follow the end-to-end satellite manufacturing process.Jassem bu ataba al zaabi chairman f yahsat’s board of directors said: “the uae is rapidly developing as a key player in the global satellite industry becoming the region’s hub for satellite innovation. with the support of our leadership customers partners and suppliers yahsat is the leading regional operator for the deployment of government satellite communication programs as well as pioneering innovative commercial platforms. the next goal is to make our value proposition a global one.” masood m. sharif mahmood yahsat’s chief executive officer said: “al yah 3 marks another milestone for yahsat expanding our footprint to new markets and reinforcing our vision to be the global partner of choice for reliable innovative and affordable satellite solutions. the success of both y1a and y1b in providing government ngo consumer and corporate services has given us the drive to explore new growth avenues.”
Al yah 3 will utilise the most advanced technology available in the market will extend the company’s commercial ka-band coverage across the african continent and will for the first time cover south america. the service will provide wide reaching reliable and cost effective satellite broadband and internet connectivity to unserved and underserved communities consumers enterprises and telecom operators.Yahsat will soon be announcing its partners for the manufacture and launch of al yah 3 and will continue to explore options for the provision of its ground and network system. the company will also continue discussions to finalise its strategic distribution partnerships across africa and brazil. given the unique qualities of each market the go to market model will be tailored to ensure customer experience and value are optimised.— businesskhaleejtimes.com


Khaleej Times

  MENA News Headlines
 Oct 21 2016 - Loan demand in UAE to grow in Q4MENAFN
(MENAFN) The demand for lending by businesses is predicted to grow in the last quarter of this year after facing a decline from March to Sep end period.Moreover, 40 percent respondents see demand for ...

 Oct 21 2016 - Egypt's economy to grow by 3.5pctMENAFN
(MENAFN) Egypt's economy will grow to 3.5 percent in the 2016-2017 years, missing the government"s target of almost 5 percent.The country has been struggling to stimulate its economy amid severe ...

 Oct 21 2016 - Saudi's Kingdom Holding posts 38.3pct fall in profitMENAFN
(MENAFN) Saudi Arabia's Kingdom Holding recorded a 38.3 percent decline in third quarter net profit.Moreover, the firm's revenue reached USD48.0mn in the cited period, against 291.5mn riyals a year ...

 Oct 21 2016 - Pause in strikes on Aleppo holds into second day AFPGulf Times
(MENAFN - Gulf Times) A pause in Russian and Syrian strikes on Aleppo was holding for a second day yesterday, ahead of a brief unilateral ceasefire aimed at allowing civilians and rebels to quit the ...

 Oct 21 2016 - 'East Aleppo ceasefire has begun, promises safe exit'Gulf Times
(MENAFN - Gulf Times) * Syrian army says corridors opened for rebels and civilians * Rebels say preparations under way for major assault on army The Syrian military said on Thursday a ...

 Oct 21 2016 - Lebanon detains 8 Syrians for plotting attacksGulf Times
(MENAFN - Gulf Times) Lebanon has detained eight Syrians accused of plotting suicide bomb attacks at popular tourist spots and on Lebanon's United Nations peacekeeping force, Lebanon's intelligence ...

 Oct 21 2016 - Missiles fromYemen injures Saudi civiliansGulf Times
(MENAFN - Gulf Times) A number of civilians in the southern Saudi Arabian province of Jazan have been injured by missiles fired from Yemen, the Saudi civil defense unit was quoted as saying by the ...

 Oct 21 2016 - Deadly Turkish raids on US-backed Kurd fightersGulf Times
(MENAFN - Gulf Times) Turkish warplanes carried out deadly strikes on US-backed militias in northern Syria, including Syrian Kurdish fighters, a monitor said Thursday, action that is likely to raise ...

 Oct 21 2016 - Use truce to leave Aleppo, junta tells local residentsGulf Times
(MENAFN - Gulf Times) A 'humanitarian pause” in the Syrian army";s Russian-backed assault on Aleppo took effect yesterday, but despite a drop in violence there was little sign residents were ...

 Oct 21 2016 - For Kenya's child brides, school offers a break from traditionMuscat Daily
(MENAFN - Muscat Daily) Halima's future at 13 was foretold: A pastoralist's daughter, she was married to a man 12 years her senior. Next would surely come the first of many pregnancies, and a life ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help