Saudi Arabia, UK explore ways to improve cooperation in space economy

By Shilpa Annie Joseph, Official Reporter
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The Saudi Space Commission’s (SSC) Chairman of the Board of Directors, Eng. Abdullah Amer Al-Sawaha has discussed ways to enhance cooperation between the two countries in the field of the space economy with the British Secretary of State for Business, Energy, and Industrial Strategy, Mr. Kwasi Kwarteng.

The two parties emphasized the need of encouraging private sector participation in the space economy and promoting investment in the development of human capabilities. They also discussed cooperation in the field of the development of human capabilities in the space sector.

This visit is part of the SSC’s effort to form effective international partnerships in this field in order to strengthen the commission’s role and support its progress toward achieving its strategic goals for the Saudi space sector, which is a national priority, as well as to contribute to the Kingdom’s transformation to an innovation-based space economy.

The visit also aims to attract investments, develop new markets that can help diversify the Kingdom’s economy, create new employment, and position Saudi as a leader in the space economy.

According to the reports, “Moreover, Saudi Arabia seeks to transform the space sector as a major contributor to its prosperity and leadership as well as achieving the Kingdom’s Vision 2030 through the development and organization of the sector.”

Earlier this month, Saudi Arabia announced the launch of the first Saudi scholarship program in order to achieve its objectives in the space sector. The initiative will provide Saudi male and female students with high-quality educational opportunities in space science specializations at some of the world’s most prestigious universities.

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