Page 661 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)

10/9/25, 3:55 PM H.E. Bin Touq affirms the UAE’s leadership in space sector as a key driver of future economic growth and innovation
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 broader opportunities
for cooperation, knowledge exchange, and shared benefits with all international partners. He lauded the signing
of the MoU between Madari Space and Avalanche as a valuable opportunity to expand the partnership and open
new horizons for collaboration with France in this future sector.

H.E. also praised the efforts of Madari Space in fostering a spirit of innovation among the new generation of
Emirati entrepreneurs. He highlighted that the company’s current project reflects the ability of national talent to
develop advanced solutions and embodies the convergence of investment and technology in shaping the future of
the space economy.

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