Bayanat and Yahsat to Create Dh15 Billion AI-Powered Space Technology Giant
Market Capitalization Soars
Merged Entity to Become One of the World’s Most Valuable Publicly Listed Space Companies
Strategic Synergies
Combined Efforts Aimed at Capturing Global Opportunities in Geospatial Solutions and Satellite Communications
Shareholders’ Perspective: Bayanat and Yahsat
Bayanat Shareholders to Own 54%, Yahsat Shareholders 46% in the Merged Entity
Powerful Ownership:Own Significant Stakes in the New Entity
Independent Operations Until 2024
Bayanat and Yahsat to Operate Independently Until Merger’s Expected Completion in H2 2024
Regulatory Approval
Merger Subject to Approval from Authorities Including Securities and Commodities Authority
Strategic Growth Potential
Enlarged Entity Positioned for Accelerated Growth and Enhanced Competitive Advantage
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