ABU DHABI, 13th July, 2023 (WAM) — The UAE’s flagship satellite solutions provider, Al Yah Satellite Communications Company, 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 AED369 million in Q1 2023.
Yahsat is committed to developing further the skills and knowledge base of its people with 52.5 percent of its full-time workforce made up of UAE nationals, making it among the top four publicly listed companies in the UAE in terms of Emiratisation.
Ali Al Hashemi, Group Chief Executive Officer of Yahsat, said, “We at Yahsat are very proud to have been presented with the TDRA’s Partner Recognition Award. This is a testament to our long and close relationship with the Authority, which has not only been mutually beneficial to both parties but has also helped develop a robust satellite technology base in the UAE. As the country’s leading satellite solutions provider and a key player in the realisation of the UAE space strategy 2030, we celebrate our ongoing partnership with the TDRA and look forward to even more success working together in the future.”
The award was presented to Khalid Al Kaf, Yahsat’s Chief Operations Officer, during the TDRA’s Annual Partners Gathering in which the regulator hosted and honoured its strategic partners across the public and private sectors.
Yahsat and its mobility arm, Thuraya, hold TDRA licenses allowing them to deliver satellite services across the UAE. Together, they constitute a key component of the UAE’s telecom ecosystem.