Saudi Arabia, UAE ‘play critical role in space exploration’

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Fri, 2023-03-31 22:27

MIAMI: Saudi Arabia and the UAE are playing a “critical role” in the future of space exploration, the boss of a major investment firm has told a panel of industry experts in Miami.

Brian Hook, the vice-chairman of Cerberus, told the FII forum that countries like the Kingdom and the UAE had greatly accelerated a new space race. “By putting both their people and their funding behind (it), they brought into existence this sort of new space economy,” he said.

An Emirati man watches the launch of the "Amal" or "Hope" space probe at the Mohammed bin Rashid Space Center in Dubai, United Arab Emirates, Monday, July 20, 2020. (AP)
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