Nilesat announced that the dividend would be doled out to the shareholders recorded on April 25. NileSat posted a net benefit of USD 34.15 million (EGP 535.53 million) in 2020, contrasted with USD 42.53 million (EGP 666.95 million) out of 2019.
At press time, the conversion rate is USD 1 is EGP 15.68.
NileSat is an Egypt-based public shareholding organization that offers administrations identified with satellite radio, television broadcasting and broadband internet. The organization has a booking community that gives a wide range of services, including satellite data procurement and analysis, all through the African and Middle Eastern areas.