Page 663 - MOET ENGLISH PR REPORT - OCTOBER 2025 (Part 2)

10/9/25, 3:55 PM Company News in Egypt: H.E. Bin Touq affirms the UAE’s leadership in space sector as a key driver of future economic growth and…
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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