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Aerospace
Technology
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
Telecom
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
Logistics
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
Telecom
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
Technology
Dubai Aerospace Enterprise inks $420 million unsecured 5-year term loan
The loan will support the future financing needs of the business, DAE stated
Technology
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
Logistics
PIF invests in aerospace engineering company, Saudia Technic
Investment supports 1 million square meter MRO village in Jeddah
Hospitality & Tourism
Dubai Airshow 2023 examines the future of the aerospace sector
The event hosts over 1,400 companies from 95 countries
Saudi Arabia
Saudi Arabia to establish SAR1 bn in satellite manufacturing facility
Saudi Arabia set to become a leader in the aerospace industry
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