Insider Brief:
- Gulf Cooperation Council (GCC) Secretary-General Jasem Al Bedaiwi announced that the GCC space industry has revenues exceeding $10 billion.
- The 6th International Space Forum at Ministerial Level – The Gulf Chapter (ISF 2024) took place in Manama, Bahrain, on July 2, 2024.
- At the ISF in Manama, GCC Secretary-General Jasem bin Mohammed Al Budaiwi met with Jeremy Hallett, chief executive of the Space Industry Association of Australia (SIAA), to discuss enhancing cooperation between GCC countries and the SIAA in technology investment and space policy.
The Gulf Cooperation Council (GCC) space industry has reached revenues exceeding $10 billion, as announced by GCC Secretary-General Jasem Al Bedaiwi. He spoke at an international space forum held in Manama, Bahrain. This forum, the first of its kind in the region, underscored the space sector’s vital role in national development plans across GCC member states.
The industry’s rapid growth has led to innovative techniques and new platforms. Gulf Arab states have established various bodies and institutions to support their space initiatives. Notable achievements include the UAE’s first mission to Mars and collaborative efforts in Bahrain and Saudi Arabia. The success of Gulf Arab astronauts, especially the UAE’s Sultan Al Neyadi’s spacewalk, has brought significant pride to the region.
The 6th International Space Forum at Ministerial Level – The Gulf Chapter (ISF 2024) took place in Manama, Bahrain, on July 2, 2024. This event, supported by the International Astronautical Federation and the Italian Space Agency, and hosted by Bahrain’s National Space Science Agency (NSSA), highlighted the growing importance of the space sector in GCC countries. The forum focused on the future of space exploration and its role in diplomacy and economic development.
At the ISF in Manama, GCC Secretary-General Jasem bin Mohammed Al Budaiwi met with Jeremy Hallett, chief executive of the Space Industry Association of Australia (SIAA). They discussed enhancing cooperation between GCC countries and the SIAA in technology investment and space policy. Both parties emphasized the importance of strengthening ties in the space sector to serve mutual interests. Australia expressed its desire to increase collaboration with GCC countries in outer space activities.
This meeting highlights the growing international interest in the GCC’s space sector. It underscores the potential for cross-regional partnerships in space technology and policy development. Such collaborations could lead to significant advancements in both regions’ space industries, fostering innovation, economic growth, and technological exchange in the rapidly evolving global space sector.
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