1.4% of the UAE’s GDP spent on Space industry in 2018
Recent trends
The number of countries investing in space is on the rise, with a record 88 in 2018
The global space industry could surge to over USD 1 trillion by 2040, marking a “giant leap” in the new space economy
Growth Opportunities
The UAE has become a regional center for space services, events and education
The UAE has been boosting investment in science and technology
There are 10 areas of the space economy that offer the most investment potential in the UAE, including space mining, space stations, space companies and sustainability and recycling in space