Article,Cover Story,Innovation,analysis,technology
Diamond in the sky, Part II
The UAE is set to launch it first satellite into space this month. And when it does, the region will never be same again. Part II in a series
Nov 6th, 2008
print
email
Post a comment
Listen to the Article
Ian Munroe
The D-word. For Yahsat, itâs all about dual-use applications â finding the right balance of satellite services for government bodies versus commercial clients. âWe believe we might be stronger in the government and enterprise side in the UAE, rather than the end-user side,â says Jassem Mohammed al-Zaabi, the companyâs CEO. âThe demand is undeniable,â he adds. âHow can you come up with the right formula? This is what weâre trying to find out.â
Heâs right, the demand is impressive. According to Web-traffic tracking site Internetworldstats.com, the number of people surfing the ânet from the Middle East has grown by more than 1,000 percent since 2000. Satellite TV channels in the region have also multiplied many times over, to more than 300, over that time. If you throw in the rest of Yahsatâ
s coverage area, which includes growing markets in Africa, Europe and South-West Asia, you can see why they might be starting a lucrative business.
The tough part is on the supply side. In this neck of the woods alone, Yahsat will have to contend with two major satellite carriers: Nilesat in Egypt, and Arabsat in Saudi Arabia. âThereâs a lot of competition, not only in the Middle East but all over the place,â says Rodger Baker, director of Asian analysis at Stratfor, a US-based intelligence company. âEveryone is trying to get their own communications satellites up.â
Leave a Reply
Dubaiâs Damac Properties has announced that the property boom is back with a bang. We are speechless.
Jan 06, 2009 | Article, Cover Story, Real Estate, The Work
Several Du and Etisalat mobile numbers are currently being auctioned on Souq.com and the bidding wars are going strong.
Jan 06, 2009 | Article, Cover Story, Money, The Life, analysis, spend it
As the fifth most visited site on the planet, is Facebook a viable marketing and advertising tool for companies feeling the pinch?
Jan 06, 2009 | Article, Cover Story, Entertainment, The Life, marketing









