Saudi Space Commission in talks with European aerospace giant

Saudi Space Commission in talks with European aerospace giant

DUBAI: The Saudi Space Commission (SSC) was in discussion with Europe's OHB Corporation for partnership opportunities, the Saudi Press Agency has reported. Officials of the Germany-based aerospace firm met with SSC's chief operating officer Majed Al-Onazi, discussing possible areas of cooperation. No further details were disclosed. Countries have been reviving space programs in recent years with Gulf countries such as the UAE and Saudi Arabia also increasing their activity. Saudi Arabia earlier committed $2. 1 billion for its own program as part of the Vision 2030. DUBAI: Damac Properties is increasing its stake in its international unit developing the flagship Nine Elms project in London. The Dubai-based property developer would increase its ownership of Damac International to 45 percent from 20 percent, it said in a stock exchange statement on Monday. The international unit is also working on a project in the Maldives. Damac Towers Nine Elms is a 50-storey tower being developed on London's South Bank with one, two and three-bedroom units starting from about £929, 000 ($1. 3 million). UK property prices rose in February ahead of the end of a stamp duty holiday this month., according to the Nationwide Building Society. The UK Nationwide house price index