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Federal Competitiveness and Statistics Centre

Industry News
Source: UrduPoint

UAE Space Economy Spending Increases 27.1 Percent to AED 5.52 Billion

Total expenditure in the UAE space economy expanded by 27.1 percent to AED 5.52 billion, according to the latest Space Economic Survey released by the UAE Space Agency and the Federal Competitiveness and Statistics Centre. The commercial sector accounted for 48 percent of total spending, reaching AED 2.64 billion. The survey also recorded significant increases in Emirati participation, youth employment, and female representation across the sector.

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