1 Day
Source:
الاقتصادية
UAE space spending rises 27%
The UAE achieved remarkable growth in the space sector during 2024, with total spending increasing by 27.1% to reach 5.52 billion dirhams. The growing participation of the private sector, which accounted for 48% of the expenditures, contributed to strengthening the sector's sustainable economic growth. The number of citizens working in the field also rose to approximately 1,495, reflecting the expansion of local expertise, with the percentage of women employed in the sector increasing by 83.9%. The Space Strategy 2031 aims to position the UAE among the top 10 space economies worldwide by increasing added value, expanding partnerships and investments, and focusing on developing talent and innovation within the sector.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)