Search Site

Trends banner

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Saudi Space Agency, US Sierra Space partner to develop national capabilities

The Saudi Space Agency (SSA) signed a memorandum of understanding (MoU) with Sierra Space, a leading US company in the field of space technologies.
  • The memorandum was signed by SSA CEO, Dr Mohammed bin Saud Al-Tamimi, and Sierra Space CEO, Tom Vice
  • The signing ceremony was attended by the Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawaha

Riyadh, Saudi Arabia – The Saudi Space Agency (SSA) signed a memorandum of understanding (MoU) with Sierra Space, a leading US company in the field of space technologies, to exchange knowledge, skills and experiences and develop national capabilities and competencies in fields related to the space sector.

The memorandum was signed by SSA CEO, Dr Mohammed bin Saud Al-Tamimi, and Sierra Space CEO, Tom Vice.

The signing ceremony was attended by the Saudi Minister of Communications and Information Technology and Chairman of the Board of Directors of the SSA, Eng. Abdullah bin Amer Al-Sawaha, who heads the delegation of the digital economy, space and innovation system, which is on an official visit to the US, to deepen partnerships in various areas of technology, space and innovation.

With this MoU and other memoranda, and agreements concluded with US parties specialized in space and its exploration, the SSA seeks to share its aspirations, develop and create specialized training programs for students and employees, which contributes to the growth of the local and global space sector, and building a sustainable future driven by innovation.