NileSat profits fall
August 18, 2026

By Chris Forrester



Cairo-based NileSat generated $24.468 million (€21.243m) in net profits for the first half of this year, but some 24 per cent lower than the $32.3 million achieved in the same period last year.

The operator’s operating revenues for the half-year to June 30th were $48.2 million ($48.6 million same period last year).


NileSat is sitting on ample cash reserves, currently $282.8 million.

The company started its activity on July 1st, 1998, after the launch of first Egyptian Satellite’s NileSat (101) in April 1998. The second NileSat (102) was launched in August 2000. NileSat 201 was launched on August 4th, 2010. NileSat 301 was launched on June 8th, 2022.