Yahsat reaffirms position as UAE’s leading satellite tech provider with award from the country’s telecom regulator

Yahsat reaffirms position as UAE’s leading satellite tech provider with award from the country’s telecom regulator

Abu Dhabi, UAE : The UAE’s flagship satellite solutions provider, Al Yah Satellite Communications Company PJSC (ADX trading symbol: YAHSAT), has been honoured for its longstanding relationship with the Telecommunications and Digital Government Regulatory Authority (TDRA) with its Partner Recognition Award. The award recognises Yahsat’s pivotal role in establishing a cutting-edge satellite telecommunications infrastructure within the UAE, which has given the country a leading position in the Information and Communications Technology (ICT) sector. As the UAE’s first and only publicly listed space tech company, Yahsat has been a pioneer in the field of satellite-enabled connectivity and technology. The company is the leading space and satellite entity in the Middle East, posting a record revenue of AED 369 million in Q1 2023. As one of the top ten global satellite operators, Yahsat is proud of its UAE heritage and committed to developing further the skills and knowledge base of its people with 52.5% of its full-time workforce made up of UAE nationals, making it among the top 4 publicly listed companies in the UAE in terms of Emiratization. Ali Al Hashemi, Group Chief Executive Officer of Yahsat, said: “We at Yahsat are very proud to have been presented with the TDRA’s