📡 Nilesat Reports Mixed Results

Quarterly revenue decreased from $25.16 million to $24.8 million.

However, the company’s net profit for the first nine months showed solid growth of 18.86%, reaching $48.33 million (compared to $40.66 million a year earlier).

Nilesat provides coverage to more than 100 million households across the MENA region (Middle East and North Africa) via satellites positioned at 7° West, playing a key role in delivering access to information.