Aerospace

Mohammed Bin Rashid Aerospace Hub, IER MRO Industries partner to open MRO and engine test facility at Dubai South

The new 880,000-square-foot facility will offer gas turbine engine component manufacturing, repairs, and overhauls

Space Research Conference 2024: A convergence of minds driving space exploration and sustainability in Abu Dhabi

This event is the UAE's first, uniting global academics, scientists, industry leaders, and policymakers

UAE’s Space42 makes debut on ADX following Bayanat and Yahsat merger

Space42 merges Bayanat’s sophisticated geospatial analytics with Yahsat’s premier satellite communications and AI innovations

Sheikh Mohammed meets HSBC Holdings group chairman, discusses strengthening financial partnerships

The meeting further addressed Dubai's infrastructure upgrades, reinforcing its role as an investment hub and trade link

Saudi Arabia engaging in high-level discussions with SpaceX to boost space exploration, infrastructure development

The meeting is part of the Kingdom's ongoing initiatives to advance its space sector and improve infrastructure

Dubai Aerospace Enterprise acquires 23 aircraft for $1.1 billion

The portfolio has an average age of 3.4 years, a lease term of 8.8 years, and serves 13 airlines in 9 countries

Six planets unite in the dawn hours on August 28 – All you need to know

The planets were seen aligned in Abu Dhabi in a 172-degree sky sector on August 23

China finds new method to extract water from lunar soil

The new method can extract 51-76 kg of water from one ton of lunar soil

UAE’s new satellite takes Earth observation to the next level

The satellite, launched in partnership with ICEYE, reached orbit on August 16

Abu Dhabi Bayanat’s smart solutions power strong H1 2024 with $74.32 million revenue

The company's gross profit for H1 2024 reached $22.86 million, translating to a gross margin of 31 percent

Kelly Ortberg assumes leadership of Boeing – Who is he and what can we expect?

Ortberg, an experienced veteran of the aerospace industry, has been tasked with turning the struggling planemaker around

UAE wins bid to host COSPAR 2028, world’s largest space research event

The country has become a leading hub for global scientific research, especially in space exploration

Abu Dhabi’s Yahsat selects SpaceX to launch advanced new geostationary satellites AY4 and AY5

The agreement is part of the AY4 and AY5 procurement program, expected to cost $1.06 billion

Boeing reports first revenue decline in 7 quarters as production drops

Company reported $16.57 billion in quarterly revenue, down from $17.92 billion in Q1 of 2023

Shareholders of Abu Dhabi’s Bayanat and Yahsat to vote on merger to create SPACE42 valued at $4.1 billion on April 25

SPACE42 set to achieve significant cost and revenue synergies by cross-selling and up-selling existing solutions

Dubai Aerospace Enterprise inks $420 million unsecured 5-year term loan

The loan will support the future financing needs of the business, DAE stated

Abu Dhabi reveals Middle East’s largest quantum optical ground station for secure space communications

According to Abu Dhabi's TII, the station is the first of its kind in the Arab world

PIF invests in aerospace engineering company, Saudia Technic

Investment supports 1 million square meter MRO village in Jeddah

Saudi Arabia to establish SAR1 bn in satellite manufacturing facility

Saudi Arabia set to become a leader in the aerospace industry