The UAE has achieved continuous accomplishments in the space economy sector, which enhances its global competitiveness and contributes to diversifying its economy. The country’s investment in the space sector has already surpassed the AED22 billion mark, encompassing satellite communications systems, Earth and space exploration, data transmission services, satellite broadcasting, and mobile satellite communications, among others. For the UAE, space economy is a pivotal pillar in its ambitious journey towards the next fifty years, laying the foundation for a diversified economy bolstering its competitiveness.
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UAE space sector enhances global competitiveness, contributes to diversifying economy
