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Monday 22 March 2021

Can Saudi Arabia Join the UAE at the Space Race Top Table?

Thirty-six years after Prince Sultan bin Salman became the first Arab to fly in space, Saudi Arabia is preparing to approve a new National Space Strategy

A journey that began in 1985 when Sultan bin Salman bin Abdulaziz Al Saud became the first Arab to fly in space is set to enter a new phase as Saudi Arabia prepares to approve a new National Space Strategy.

The strategy is expected to include ambitious projects as well as establishing a financing programme for research projects, supporting small and medium enterprises and stimulating innovation as the Gulf kingdom targets growth in a sector that is forecast to reach $1.1 trillion globally in 2040 and $2.7 trillion by 2050.

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