• Latest
  • Trending
  • All
  • News
  • TV/Radio Deals
  • Film partnerships
  • New appointments
  • Production
  • TV Channels
Bayanat and Yahsat to vote on recommended merger to create SPACE42 in April

Bayanat and Yahsat to vote on recommended merger to create SPACE42 in April

March 22, 2024
Du expands Disney+ partnership with one-year free access

Du expands Disney+ partnership with one-year free access

July 11, 2025
Ad 1
Dubai Studios hosts semi-final judging round of International Emmy Awards

Dubai Studios hosts semi-final judging round of International Emmy Awards

July 11, 2025
Du and Omantel activate Oman–Emirates Gateway subsea cable

Du and Omantel activate Oman–Emirates Gateway subsea cable

July 11, 2025
SES and Intelsat deal receives Federal clearance

SES and Intelsat deal receives Federal clearance

July 11, 2025
Red Sea Film Foundation-backed films to premiere at Locarno Film Festival

Red Sea Film Foundation-backed films to premiere at Locarno Film Festival

July 11, 2025
Du renews partnership with Huawei

Du renews partnership with Huawei

July 11, 2025
UAE entities seek director and exec producer from among People of Determination

Abu Dhabi’s CMA and Fingerprint Media sign deal to boost Arabic productions

July 11, 2025
Saudi Theatre and Performing Arts Commission to participate in Avignon Festival

Saudi Theatre and Performing Arts Commission to participate in Avignon Festival

July 11, 2025
Ericsson establishes new regional headquarters in Riyadh

Ericsson establishes new regional headquarters in Riyadh

July 10, 2025
Charlie Coleman joins Amazon MGM Studios as Head of International Marketing

Charlie Coleman joins Amazon MGM Studios as Head of International Marketing

July 10, 2025
Neo Space Group finalises UP42 acquisition from Airbus Defence and Space

Neo Space Group finalises UP42 acquisition from Airbus Defence and Space

July 10, 2025
Lionsgate appoints Adam Fogelson as Vice Chair of Motion Picture Group

Semafor names Matthew Martin Saudi bureau chief and SWF editor

July 10, 2025
  • Advertise
  • Subscribe
  • Magazine Archive
  • Directory
  • Contact
Friday, July 11, 2025
  • Login
BroadcastPro ME
  • News
    • All
    • Analyst Reports
    • AV
    • Cinema Theatres
    • Esports
    • Film partnerships
    • International News
    • Mergers/Acquisitions
    • New appointments
    • OTT/Video Streaming
    • Podcasting
    • Production
    • Satellite/Comms
    • TV/Radio Deals
    Du expands Disney+ partnership with one-year free access

    Du expands Disney+ partnership with one-year free access

    Dubai Studios hosts semi-final judging round of International Emmy Awards

    Dubai Studios hosts semi-final judging round of International Emmy Awards

    Du and Omantel activate Oman–Emirates Gateway subsea cable

    Du and Omantel activate Oman–Emirates Gateway subsea cable

    SES and Intelsat deal receives Federal clearance

    SES and Intelsat deal receives Federal clearance

    Red Sea Film Foundation-backed films to premiere at Locarno Film Festival

    Red Sea Film Foundation-backed films to premiere at Locarno Film Festival

    Du renews partnership with Huawei

    Du renews partnership with Huawei

    UAE entities seek director and exec producer from among People of Determination

    Abu Dhabi’s CMA and Fingerprint Media sign deal to boost Arabic productions

    Saudi Theatre and Performing Arts Commission to participate in Avignon Festival

    Saudi Theatre and Performing Arts Commission to participate in Avignon Festival

    Ericsson establishes new regional headquarters in Riyadh

    Ericsson establishes new regional headquarters in Riyadh

    Charlie Coleman joins Amazon MGM Studios as Head of International Marketing

    Charlie Coleman joins Amazon MGM Studios as Head of International Marketing

    Trending Tags

    • broadcast
    • MENA broadcast
    • ConnecTech2019
  • Tech Features
    • All
    • CASE STUDIES
    • New Media
    • REVIEWS
    • TV/Radio Deals
    • Updates from FOMEX
    • Virtual Production Series
    Breaking free from the hardware cycle: Cloud collaboration in post-production

    Breaking free from the hardware cycle: Cloud collaboration in post-production

    Playing to win

    Playing to win

    The expanding role of AI in broadcast

    The expanding role of AI in broadcast

    The power of podcasts and audio streaming in MENA

    The power of podcasts and audio streaming in MENA

    Tech strategies for an evolving modern MENA media ecosystem

    Tech strategies for an evolving modern MENA media ecosystem

    SMF and FOMEX bring top industry leaders together in Riyadh – Part II

    SMF and FOMEX bring top industry leaders together in Riyadh – Part IV

    SMF and FOMEX bring top industry leaders together in Riyadh – Part I

    SMF and FOMEX bring top industry leaders together in Riyadh – Part III

    SMF and FOMEX bring top industry leaders together in Riyadh – Part II

    SMF and FOMEX bring top industry leaders together in Riyadh – Part II

    SMF and FOMEX bring top industry leaders together in Riyadh – Part I

    SMF and FOMEX bring top industry leaders together in Riyadh – Part I

    Transforming the entertainment experience with tech

    Transforming the entertainment experience with tech

    Trending Tags

    • Videos
      FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

      FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

      Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

      Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

      Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

      Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

      Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

      Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

      Reema Omari

      Reema Omari on Universal Satcom’s growth and connectivity solutions

      Mustafa Afifi

      Mustafa Afifi of Rivada Space on Outernet’s impact in the Middle East

      Don

      ST Engineering iDirect CEO Don Claussen on Mideast ties and satellite strategy

      KSASummit

      Transforming Arabic Content: Studios, Producers and Regional Impact

      Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

      Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

    • Opinion
      Survival of the Smartest: Cloud Playout as a Strategic Weapon

      Survival of the Smartest: Cloud Playout as a Strategic Weapon

      Bridging the Latency Gap with Broadcast in a Streaming World

      Bridging the Latency Gap with Broadcast in a Streaming World

      YouTube in Ramadan: The silent giant

      YouTube in Ramadan: The silent giant

      Evision’s transformation proves that business acumen and passion drive success

      Sport’s Growing Grip on MENA Media

      MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

      MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

      Integrate ME 2023 brings its inaugural edition to successful conclusion

      Empowering the next generation of content creation and live broadcasting with AV PRO

      Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

      Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

      Reviving cultural identity through native storytelling in Abu Dhabi

      Reviving cultural identity through native storytelling in Abu Dhabi

      Why it’s game on for broadcasters of live sport

      Why it’s game on for broadcasters of live sport

      Evision’s transformation proves that business acumen and passion drive success

      Saudi Arabia emerges as the epicentre of Media & Entertainment in 2025

    • Interviews
      • All
      • Lounge
      Sand, sweat and high stakes

      Sand, sweat and high stakes

      All eyes on AIUIa

      All eyes on AIUIa

      Grass Valley scales up with software and IP workflows

      Grass Valley scales up with software and IP workflows

      Breaking barriers, building futures: The new face of IABM

      Breaking barriers, building futures: The new face of IABM

      New Leadership, Same Strategy, Sharpened Focus

      New Leadership, Same Strategy, Sharpened Focus

      Creating Captain Shedeed: A superhero with Arab roots

      Creating Captain Shedeed: A superhero with Arab roots

      UAE Pro League flips the field

      UAE Pro League flips the field

      Bringing the wild to the Middle East

      Bringing the wild to the Middle East

      Shades of success

      Shades of success

      Navigating the news wave

      Navigating the news wave

    • Products
    • Magazine Archive
      • BroadcastPro ME Magazine
      • PRO Directory
    • Events
      • News from Events
      • Upcoming Events
      DICM

      DICM

      IBC Show

      IBC 2025

      MPTS

      CABSAT2025

      CABSAT2025

      NAB Show

    No Result
    View All Result
    BroadcastPro ME
    • News
      • All
      • Analyst Reports
      • AV
      • Cinema Theatres
      • Esports
      • Film partnerships
      • International News
      • Mergers/Acquisitions
      • New appointments
      • OTT/Video Streaming
      • Podcasting
      • Production
      • Satellite/Comms
      • TV/Radio Deals
      Du expands Disney+ partnership with one-year free access

      Du expands Disney+ partnership with one-year free access

      Dubai Studios hosts semi-final judging round of International Emmy Awards

      Dubai Studios hosts semi-final judging round of International Emmy Awards

      Du and Omantel activate Oman–Emirates Gateway subsea cable

      Du and Omantel activate Oman–Emirates Gateway subsea cable

      SES and Intelsat deal receives Federal clearance

      SES and Intelsat deal receives Federal clearance

      Red Sea Film Foundation-backed films to premiere at Locarno Film Festival

      Red Sea Film Foundation-backed films to premiere at Locarno Film Festival

      Du renews partnership with Huawei

      Du renews partnership with Huawei

      UAE entities seek director and exec producer from among People of Determination

      Abu Dhabi’s CMA and Fingerprint Media sign deal to boost Arabic productions

      Saudi Theatre and Performing Arts Commission to participate in Avignon Festival

      Saudi Theatre and Performing Arts Commission to participate in Avignon Festival

      Ericsson establishes new regional headquarters in Riyadh

      Ericsson establishes new regional headquarters in Riyadh

      Charlie Coleman joins Amazon MGM Studios as Head of International Marketing

      Charlie Coleman joins Amazon MGM Studios as Head of International Marketing

      Trending Tags

      • broadcast
      • MENA broadcast
      • ConnecTech2019
    • Tech Features
      • All
      • CASE STUDIES
      • New Media
      • REVIEWS
      • TV/Radio Deals
      • Updates from FOMEX
      • Virtual Production Series
      Breaking free from the hardware cycle: Cloud collaboration in post-production

      Breaking free from the hardware cycle: Cloud collaboration in post-production

      Playing to win

      Playing to win

      The expanding role of AI in broadcast

      The expanding role of AI in broadcast

      The power of podcasts and audio streaming in MENA

      The power of podcasts and audio streaming in MENA

      Tech strategies for an evolving modern MENA media ecosystem

      Tech strategies for an evolving modern MENA media ecosystem

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

      SMF and FOMEX bring top industry leaders together in Riyadh – Part IV

      SMF and FOMEX bring top industry leaders together in Riyadh – Part I

      SMF and FOMEX bring top industry leaders together in Riyadh – Part III

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

      SMF and FOMEX bring top industry leaders together in Riyadh – Part II

      SMF and FOMEX bring top industry leaders together in Riyadh – Part I

      SMF and FOMEX bring top industry leaders together in Riyadh – Part I

      Transforming the entertainment experience with tech

      Transforming the entertainment experience with tech

      Trending Tags

      • Videos
        FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

        FOR-A’s award-winning HVS-Q12: A quantum leap in switcher design

        Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

        Ignacio Gonzalez-Nuñez on Eutelsat’s new offering and market leadership

        Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

        Francesco Cataldo on iKO Media Group’s CABSAT showcase and broadcast trends

        Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

        Deepraj Sandhar on Ross Video’s Middle East growth and broadcast tech trends

        Reema Omari

        Reema Omari on Universal Satcom’s growth and connectivity solutions

        Mustafa Afifi

        Mustafa Afifi of Rivada Space on Outernet’s impact in the Middle East

        Don

        ST Engineering iDirect CEO Don Claussen on Mideast ties and satellite strategy

        KSASummit

        Transforming Arabic Content: Studios, Producers and Regional Impact

        Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

        Bringing Real-Time Audience Insights to Linear Broadcast TV – A First and Exclusive

      • Opinion
        Survival of the Smartest: Cloud Playout as a Strategic Weapon

        Survival of the Smartest: Cloud Playout as a Strategic Weapon

        Bridging the Latency Gap with Broadcast in a Streaming World

        Bridging the Latency Gap with Broadcast in a Streaming World

        YouTube in Ramadan: The silent giant

        YouTube in Ramadan: The silent giant

        Evision’s transformation proves that business acumen and passion drive success

        Sport’s Growing Grip on MENA Media

        MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

        MEASA’s media and communications innovations set new benchmarks beyond regional boundaries

        Integrate ME 2023 brings its inaugural edition to successful conclusion

        Empowering the next generation of content creation and live broadcasting with AV PRO

        Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

        Decoding the Ramadan Drama Phenomenon: What Makes a Winner?

        Reviving cultural identity through native storytelling in Abu Dhabi

        Reviving cultural identity through native storytelling in Abu Dhabi

        Why it’s game on for broadcasters of live sport

        Why it’s game on for broadcasters of live sport

        Evision’s transformation proves that business acumen and passion drive success

        Saudi Arabia emerges as the epicentre of Media & Entertainment in 2025

      • Interviews
        • All
        • Lounge
        Sand, sweat and high stakes

        Sand, sweat and high stakes

        All eyes on AIUIa

        All eyes on AIUIa

        Grass Valley scales up with software and IP workflows

        Grass Valley scales up with software and IP workflows

        Breaking barriers, building futures: The new face of IABM

        Breaking barriers, building futures: The new face of IABM

        New Leadership, Same Strategy, Sharpened Focus

        New Leadership, Same Strategy, Sharpened Focus

        Creating Captain Shedeed: A superhero with Arab roots

        Creating Captain Shedeed: A superhero with Arab roots

        UAE Pro League flips the field

        UAE Pro League flips the field

        Bringing the wild to the Middle East

        Bringing the wild to the Middle East

        Shades of success

        Shades of success

        Navigating the news wave

        Navigating the news wave

      • Products
      • Magazine Archive
        • BroadcastPro ME Magazine
        • PRO Directory
      • Events
        • News from Events
        • Upcoming Events
        DICM

        DICM

        IBC Show

        IBC 2025

        MPTS

        CABSAT2025

        CABSAT2025

        NAB Show

      No Result
      View All Result
      BroadcastPro ME
      No Result
      View All Result
      AMT Ad ibc Ad
      Home News Satellite/Comms

      Bayanat and Yahsat to vote on recommended merger to create SPACE42 in April

      Staff Reporter by Staff Reporter
      March 22, 2024
      in Satellite/Comms
      ShareTweetPostEmail

      The merger is expected to yield considerable cost and revenue synergies, positioning the enlarged entity for enhanced shareholder value creation. ?

      Bayanat, an AI-powered geospatial solutions provider, and Yahsat have issued a circular calling for their General Assembly Meetings (GAMs) to be held simultaneously on April 25, 2024. During the GAMs, respective shareholders of each entity will vote on the proposed merger of the two Abu Dhabi-headquartered and ADX-listed entities. This circular follows the announcement on December 19, 2023, that their respective Boards of Directors had unanimously voted to recommend to shareholders the merger of the two companies.

      The proposed merger of Bayanat and Yahsat will create SPACE42, an AI-powered space technology champion in the MENA region. The merger would create one of the most valuable publicly listed space companies in the world with additional potential for significant global growth and synergies.

      With a combined revenue of AED 2.8bn ($0.76bn) and net income of AED 637m ($173.45m) based on Bayanat and Yahsat’s released results for the Financial Year 2023, SPACE42 is well positioned to bring significant value to all stakeholders across upstream, midstream, and downstream solutions. The greater scale of the combined group will provide an expanded scope of service offerings and vertical integration opportunities, enabling it to offer a differentiated value proposition, utilise economies of scale, and improve profitability across the value chain. Through this transformative combination, the merged entity will benefit from rapidly evolving market dynamics to capture regional and international opportunities in geospatial and mobility solutions, satellite communications, sustainability initiatives, and business intelligence.

      SPACE42 is expected to benefit from significant cost and revenue synergies through up-selling and cross-selling of existing solutions, leveraging customer relationships with a broader distribution network, and access to an enhanced technology platform empowered with new products and solutions. It will best position the organisation for continuous growth, reinforcing its role as a key strategic solutions provider to the UAE government and its agencies while expanding its reach to global customers.

      The enlarged entity will also benefit from high visibility on revenue and cash flow generation through a high proportion of government-related contracts. This predictable, secure, and long-term cash flow profile, along with a strengthened financial position, will be underwritten by a financial framework that balances investment for strong profitable growth and return of capital to shareholders.

      The merger is subject to a number of conditions, including regulatory approvals from governmental authorities including the Securities and Commodities Authority, the ADGM Registration Authority, and various international regulatory authorities, and the approval of shareholders representing 75% of the voting rights present at a quorate General Assembly Meeting of each of Bayanat and Yahsat. Both companies will continue to operate independently until the merger is effective.

      The merger is subject to a number of conditions, including regulatory approvals from governmental authorities including the Securities and Commodities Authority, the ADGM Registration Authority and various international regulatory authorities, and the approval of shareholders representing 75% of the voting rights present at a quorate General Assembly Meeting of each of Bayanat and Yahsat. Both companies will continue to operate independently until the merger is effective.

      Tags: AI-powered geospatialBayanatGeneral Assembly MeetingSpace42Yahsat

      Related Posts

      Space42 introduces Thuraya Mobile Broadband Hotspot

      Space42 introduces Thuraya Mobile Broadband Hotspot

      June 20, 2025
      Space42 opens MENA’s first HAPS manufacturing facility in Abu Dhabi

      Space42 opens MENA’s first HAPS manufacturing facility in Abu Dhabi

      May 27, 2025
      Space42 to establish satellite manufacturing hub in partnership with ADIO

      Space42 to establish satellite manufacturing hub in partnership with ADIO

      May 21, 2025
      How the UAE is forging a new frontier in space technology

      How the UAE is forging a new frontier in space technology

      May 20, 2025
      Space42 reports $115m in Q1 2025 revenue

      Space42 reports $115m in Q1 2025 revenue

      May 16, 2025
      Winners of BroadcastPro ME/SatellitePro ME Manufacturer Awards 2025 announced

      Winners of SatellitePro ME/BroadcastPro ME Manufacturer Awards 2025 announced

      May 16, 2025

      Related News

      How the UAE is forging a new frontier in space technology

      How the UAE is forging a new frontier in space technology

      May 20, 2025
      Space42 reports $115m in Q1 2025 revenue

      Space42 reports $115m in Q1 2025 revenue

      May 16, 2025
      Space42 strengthens market accessibility with QMM appointment

      Space42 strengthens market accessibility with QMM appointment

      November 19, 2024
      Space42 reports $118.8m profit in strong nine month performance

      Space42 reports $118.8m profit in strong nine month performance

      November 13, 2024
      Space42 acquires naming rights for new Abu Dhabi multi-purpose venue

      Space42 acquires naming rights for new Abu Dhabi multi-purpose venue

      October 23, 2024
      Manufacturing EO satellites in UAE on cards

      Manufacturing EO satellites in UAE on cards

      October 3, 2024
      More Related News

      BroadcastPro ME

      • About
      • Advertise
      • Subscribe
      • Magazine Archive
      • Directory
      • Contact
      • Privacy

      Follow us on Social Media

      No Result
      View All Result
      • News
      • Tech Features
      • Videos
      • Opinion
      • Interviews
      • Products
      • Magazine Archive
        • BroadcastPro ME Magazine
        • PRO Directory
      • Events

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Create New Account!

      Fill the forms bellow to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In