Page 102 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)

Press Release

H.E. Bin Touq affirms the UAE’s leadership in space sector as a key

driver of future economic growth and innovation

MoU signed between two Emirati and French companies to strengthen
cooperation in developing space data centers and support innovation
and joint space initiatives

Abu Dhabi, 03 October 2025:

H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism, participated in an event hosted
by the UAE Embassy in France to witness the signing of a Memorandum of Understanding between
UAE-based Madari Space and France’s Avalanche. The agreement seeks to enhance cooperation
in developing space data centers and to promote the adoption of advanced technologies, fostering
innovation and accelerating joint projects in the space sector.

The event was attended by H.E. Fahad Saeed Al Raqbani, UAE Ambassador to France; Dr. Shareef
Al Romaithi, CEO of Madari Space; in addition to government officials, private sector
representatives working in space industries, and academic institutions from both the UAE and
France.

H.E. Bin Touq emphasized that, thanks to the vision and support of its wise leadership, the UAE
continues to reinforce its global standing as a key contributor to the growth of the space economy
and the advancement of innovation and research in space-related economic and investment
activities. He noted that the partnership between the UAE and France in the sector is strong and
strategic, marked by long-standing and ongoing collaboration between relevant entities and
institutions in both countries. The two sides are working to expand their shared ambitions in space
technology, enhance capabilities to address climate change challenges, monitor Earth systems, and
develop sovereign space capabilities.

H.E. added: “The space sector is a major driver of development within the UAE’s vision for the
future economy. The country plans to develop and launch the Space Economic Cluster under the
National Policy for Economic Clusters, which will enhance global competitiveness, attract
remarkable investments, and support innovation in this field, thereby establishing the UAE as a
global hub for the space economy in the region and beyond.”

Furthermore, H.E. affirmed the importance of international partnerships in supporting the UAE’s
strategy to develop the space economy, noting that the launch of the Space Economic Cluster opens

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