Report: UAE’s Space Industry Looks Very Promising

SourceAl Bawaba
SectorIndustrial
CountryUAE Top Picks

The report titled “Space Economy Investment Opportunities for the UAE” identifies 10 areas of the space economy that offer the most investment potential for the UAE, namely space mining, space stations, space settlements, space law, sustainability in space and recycling, space tourism, space companies, and space academies that include preparing astronauts for commercial flights, space industries, and developing and manufacturing spacecraft components. The UAE’s mission to the International Space Station in 2019 and the launch of the Hope Probe to Mars earlier this year were major steps positioning the country as a global player in space exploration and research. These important developments are paving the way for new investment opportunities and public-private sector partnerships that could take the UAE’s space economy to new heights, enhance the country’s economic competitiveness and cement its ...read more...