Cairo – June 11, 2024: Forbes magazine announced the top 50 companies in Egypt for the year 2024, Nilesat came for the second year in a row among the top 50  companies in Egypt, making remarkable progress, as it ranked thirty-second compared to its position last year in the list, which came in thirty-eight place.

Despite the dominance of the banking and financial services sector on the list, Nilesat is the only listed company representing the media sector in Egypt that ranked among the top 50 companies in Egypt, as one of the prominent media entities in Egypt and the Middle East.

Forbes magazine also praised the performance of the listed of companies despite the challenges faced by the Egyptian economy.