United Arab Emirates

Mohammed Bin Rashid Innovation Fund (MBRIF) Welcomes Latest Cohort of Innovators to Join its Innovation Accelerator Program

Dubai, UAE – 05 June 2024: Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced the selection of entrepreneurs for Cohort 8 of its Innovation Accelerator…

UAE Space Agency and INNOSPACE Sign Memorandum of Understanding to Enhance Space Commercialization Efforts

The UAE Space Agency and INNOSPACE, a South Korean private spaceflight startup specializing in small satellite launch vehicles, have signed a memorandum of understanding (MoU) to bolster cooperation in space commercialization. The signing ceremony took place in Seoul on May…

MBRIF and AzurX Forge Strategic Partnership to Propel Innovation in the Space Sector

Dubai, UAE – May 30th, 2024 – Mohammed Bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, has announced a strategic partnership with AzurX, a leading private space and satellite…

Gulf Cooperation Council Unites for Space Exploration: Workshop Highlights Regional Collaboration

The General Secretariat of the Cooperation Council for the Arab States of the Gulf recently organized a pivotal workshop titled “Cooperation in the Field of Space,” aimed at fostering collaboration among Gulf nations in space exploration and development. The workshop,…

Bayanat & Yahsat Shareholders Approve Merger, Forming SPACE42

Bayanat and Yahsat shareholders have approved the merger, creating SPACE42! The merger of G42 geospatial AI company Bayanat and Mubadala satellite services subsidiary Yahsat has been given the green light, forming a $4 billion group named SPACE42. The General Assembly…

Uniting Gulf Countries for Space Leadership: The Imperative for a Regional Body

In the vast expanse of space, collaboration is key. The Gulf region, with its strategic location, rapid economic growth, and burgeoning interest in technology and innovation, is poised to become a significant player in the global space industry. However, as…

UAE Secures Historic Agreement with US for Lunar Gateway Airlock, Paving the Way for Emirati Astronauts in Moon Missions

The UAE has officially entered into a significant agreement with the United States to contribute an airlock to NASA’s Lunar Gateway station, marking a historic milestone that also paves the way for Emirati astronauts to participate in upcoming Moon missions….

UAE’s Rashid Rover Set to Land on the Moon: A Historic Milestone for Arab Space Exploration

UAE’s Rashid Rover Set to Land on the Moon: A Historic Milestone for Arab Space Exploration

UAE President announces $817m fund to boost space sector with an advanced satellite project

UAE President Mohamed bin Zayed has announced an $817 million investment and development fund for the space sector, called The National Space Fund. The fund’s first project, named Sirb after the Arabic term for a flock of birds, will launch…