NileSat posted a net profit of $34.15 million (EGP 535.53 million) in 2020, compared to $42.53 million (EGP 666.95) million in 2019.
NileSat is an Egypt-based public shareholding company that offers services related to satellite radio and television broadcasting, in addition to the broadband internet. The company has a booking center that provides a range of services including satellite newsgathering as well as feed and turnaround services, in addition to a training center.
At press time, the conversion rate is $1 = EGP 15.68