The cooperation covers video broadcasting scope, satellite communications, and digital technologies throughout the MENA region, according to the statement.
The Egyptian satellite company indicated that the agreement will bring together the strengths of both companies, providing customers with an unparalleled range of satellite services throughout the region.
NileSat, the leading satellite operator in the MENA region, was established in 1996, is owned primarily by the Egyptian Radio and Television Union (ERTU), and is responsible for operating multiple satellites.
The Qatari satellite company Es’hailSat, established in 2010, is a prominent player in the satellite industry. It owns and operates satellites to provide television, internet, and corporate and government services across the region.
“This partnership represents a significant development in the satellite industry in the region. By combining the expertise and resources of both companies, NileSat and Es’hailSat are well-positioned to meet the evolving needs of customers in the region and contribute to its economic growth,” said NileSat CEO Sameh Katta.
Katta noted that the cooperation agreement will offer a wide range of satellite solutions to customers throughout the region.
Meanwhile, Es'hailSat CEO Ali Ahmed Al-Kuwari said this agreement comes in the wake of the rapid growth of the MENA region economies, alongside global sporting events, which have led to an increase in demand from our commercial and governmental clients.
It aims to provide them with better services and maintain their competitiveness on the global stage, Al-Kuwari added.
In 1998, Egypt became the first Arab country to launch a telecommunications satellite into space with NileSat 101.