Page 52 - SAMENA Trends - February-March 2021

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

the satellite communications sector in the
UAE, this collaboration is further testament
to our country’s position as a global
pioneer across a number of high growth
sectors. These partnerships are vital to
the diversification of the UAE’s economy,
and we are committed to supporting our
UAE Investments’ portfolio companies as
they contribute to our nation’s sustainable
growth,” said Musabbeh Al Kaabi, Chairman
of Yahsat. CEO Tawazun, H.E Tareq
Abdulraheem Al Hosani said: “At Tawazun,
we seek to reaffirm Abu Dhabi’s position
as a leading regional hub of strategic
technologies and manufacturing. We are
excited about the long-term prospects of
our collaboration with Yahsat. In less than
a decade since it launched its first satellite, heavily in nation-building through our the growing space sector.” By developing
Yahsat has grown to be one of the world’s longstanding partnership with the UAE bespoke solutions for critical national
leading satellite enterprises, with an Armed Forces and various other initiatives, requirements, Tawazun and Yahsat expect
enviable track record of accomplishments driving growth and new opportunities. to raise the bar for customer satisfaction,
that are a source of pride to all Emiratis. Our In keeping with the Abu Dhabi Economic especially among key decision-makers in
collaboration stands to gain tremendously Vision 2030, we now look forward to the UAE, GCC and beyond. Their mission
from Yahsat’s expertise and connections, commencing homegrown production of is to capture value and establish the UAE
spurring innovation and technology advanced communication technologies as a producer of satellite-enabled defense
development within the UAE.” Ali Al so that the UAE can achieve its national communication technologies, entrenching
Hashemi, Chief Executive Officer Designate objectives with greater autonomy. We its reputation as a sustainable and
of Yahsat added: “Yahsat has always are grateful to our country’s leadership sovereign space economy.
served as a catalyst for the diversification and Tawazun for entrusting us with this
of the UAE’s economy. We have invested opportunity to develop Emirati’s to serve

Zain Provides Coverage in Newly Developed Areas

Zain Bahrain has become the first network these specific areas, where residents will telecommunications operator and a digital
operator to provide enhanced mobile, 4G enjoy enhanced data speed and greater enabler is much bigger than normal times.
and 5G home broadband connectivity in network connectivity opportunities to We sought to ensure that connectivity
the newly developed areas of East Hidd, meet increasing customer demand. for the residents remotely working or
Hid block 111, and Lawzi. The operator Ali Al-Yaham, Director of Technology attending online classes or providing
notes it took a progressive approach and at Zain Bahrain, commented: ‘During education do not get hampered during
worked tirelessly through last year to roll these unprecedented COVID-19 times these tough times.’
out 4G and 5G broadband networks to we understand our responsibility as a

52 FEB-MAR 2021