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Booming Global Space Economy Unleashes Billions in Investments and Opportunities

Booming Global Space Economy Unleashes Billions in Investments and Opportunities

The global space economy is experiencing remarkable growth, presenting lucrative economic prospects as it surpasses the half-a-trillion-dollar milestone in 2022, just a few decades after the concept of the "space economy" emerged.

Various studies conducted by prominent global institutions indicate that the global space sector is poised to exceed $1 trillion in value in the coming years.

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UAE and Brazil Establish Partnership for Economic Knowledge Exchange

UAE and Brazil Establish Partnership for Economic Knowledge Exchange

Sunday, September 03, 2023 - The governments of the UAE and Brazil have announced a groundbreaking partnership focused on exchanging knowledge and expertise in the field of economics. This initiative, part of the Government Experience Exchange Programme, aims to strengthen cooperation and foster collaboration in areas such as modernization, development, and government practices.

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Saudi Arabia’s PIF to Acquire Hadeed in $3.3 Billion Deal with Sabic, Creating National Steel Leader

Saudi Arabia’s PIF to Acquire Hadeed in $3.3 Billion Deal with Sabic, Creating National Steel Leader

Saudi Arabia's Public Investment Fund (PIF) has entered into a definitive agreement to acquire full ownership of the Saudi Iron & Steel Company (Hadeed) from Saudi Basic Industries Corporation (Sabic) in a transaction valued at 12.5 billion Saudi riyals ($3.3 billion). This move is part of the kingdom's efforts to accelerate its industrial development.

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Jawaher Al Qasimi: Investment in Funding and Support Drives Success of Female Athletes

Jawaher Al Qasimi: Investment in Funding and Support Drives Success of Female Athletes

Jawaher Al Qasimi, Chairperson of Sharjah Women's Sports and Wife of the Ruler of Sharjah, emphasizes the crucial role of funding and support in the remarkable achievements of Emirati women in sports. The 2022-2023 season of the Sharjah Women's Sports Club witnessed outstanding success, with athletes securing a total of 335 medals in both individual and team sports at local and international levels.

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Final List of Candidates Approved for FNC Elections in UAE

Final List of Candidates Approved for FNC Elections in UAE

The National Elections Committee (NEC) has granted its approval for the final list of candidates participating in the Federal National Council (FNC) elections in the UAE this year. A total of 309 candidates will compete for membership in the FNC, with 118 candidates in Abu Dhabi, 57 in Dubai, 50 in Sharjah, 21 in Ajman, 34 in Ras Al Khaimah, 14 in Umm Al Quwain, and 15 in Fujairah.

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SpaceX Crew-6 Safely Returns to Earth after Six-Month Stay on the ISS

SpaceX Crew-6 Safely Returns to Earth after Six-Month Stay on the ISS

Four individuals have completed their journey back to Earth, splashing down in the waters near Florida after spending over six months in space. The SpaceX Crew-6 mission, which launched on March 2 and docked with the International Space Station (ISS) the following day, successfully undocked on September 3 at 7:05 EDT (11:05 UTC). Recovery vessels, including the support vessel Megan, retrieved the crew and their capsule, Crew Dragon Endeavour (C206), from the Atlantic Ocean in the early morning hours of September 4.