UAE space spending rises 27.1%
The UAE Space Agency announced that total spending in the country's space sector for 2024 has risen to 5.52 billion dirhams, a 27.1% increase compared to the previous year. Commercial expenditure has grown to 2.64 billion dirhams, accounting for 48% of the total. The number of Emirati professionals working in the sector has reached 1,495, reflecting a 27.9% increase. The proportion of women in the workforce has risen to 33.5%, with a remarkable 83.9% increase in women's contribution. The UAE Strategy 2031 focuses on positioning the nation among the top 10 global space economies by increasing the sector's economic value by 60%, expanding companies and research initiatives, attracting international investments, and emphasizing the empowerment of national talents—especially youth and women.
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