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Web Release
11-05-2025
- Business
- Web Release
How the Space Industry Can Help Future-Proof Life on Earth – International Experts Gather in Dubai to Discuss
By Editor_wr On May 11, 2025 Decision makers and policy pioneers from the space sector will gather in Dubai to discuss trends and challenges in the new space economy at SATExpo Middle East 2025, which takes place from May 13 to 15, 2025, at the Dubai World Trade Centre (DWTC). The two-day event's summit will look at how satellites can transform life on earth, with topics including 'Space Technology Adoption in Emerging Markets,' 'The Road to In-Orbit Sustainability,' 'AI's Role in Transforming the Use of Satellite Data,' and more. With the satellite sector booming – projected to grow at 16.1% annually – the Summit's expert-led sessions will tackle urgent questions: How can space tech combat climate crises? Where does AI intersect with orbital infrastructure? And who's redefining connectivity beyond terrestrial limits? Futureproofing from orbit – a critical mission From LEO revolutions to AI-driven satellite data, the summit's speaker roster reads like a who's-who of innovators and forward-thinkers within this rapidly growing industry. Highlights include an opening address by Amer AlSayegh, Assistant Director General for Aerospace Engineering Sector at Mohammed Bin Rashid Space Centre (MBRSC); Rivada Space Networks unveiling Outernet, a game-changer in secure global connectivity; SpaceData merging AI, digital twins, and pharmaceutical research in zero gravity, plus Astroscale Japan Inc., Es'hailSat, Axiom Space, Neo Space Group, and 30+ more pioneers dissecting the $22.5B+ satellite economy. 'Terrestrial systems are fragmented – space is the answer,' declares Joe Apa, Rivada Space Networks VP MEA, ahead of his keynote on LEO's future. 'Today's global enterprises and government networks require infrastructure solutions that address the issues of cybersecurity, latency, and speed associated with the complexity and fragmentation of terrestrial systems,' Apa continued. 'At the SATExpo ME Summit, I will proudly represent Rivada, delivering a keynote speech on the 'Future of Low Earth Orbit (LEO) Services'. Moreover, attendees visiting the stand can explore our latest service, 'Outernet', which is a revolutionary private network satellite that redefines global connectivity.' While Apa envisions a connected future from orbit, Takata pushes boundaries further, where space data meets AI to redefine industries beyond Earth. Atsushi Takata, Executive Vice President, Space Utilisation and Global Strategy, SpaceData, said: 'At SpaceData, our mission is to merge the realms of 'space' and 'digital' by integrating technologies from satellites, space stations, and lunar exploration with AI, 3DCG, and digital twins. Our recent investment in Exobiosphere, a Luxembourg-based biotechnology company pioneering pharmaceutical research in space, is a testament to our commitment to advancing innovation at the intersection of these fields. I look forward to discussing 'AI's role in Transforming Use of Satellite Data and Bridging New Space Economy' at the upcoming Summit.' Co-located with B2B media and broadcast technology event CABSAT, SATExpo is launched by DWTC to fuel investment, partnerships, and innovation in the space sector, with the two events bridging broadcast, digital media, and the final frontier. Access to the two-day Summit is complimentary with delegate passes for SATExpo 2025, which can be obtained by registering here. Comments are closed.
Arab News
01-05-2025
- Business
- Arab News
Qassim region sees 25% growth in business sector over 7 years: Ministry of Commerce
JEDDAH: Saudi Arabia's Qassim region has experienced 25 percent growth in its business sector over the past seven years, reflecting increased economic activity and contributing to the Kingdom's goal of balanced development. The number of commercial records in the central region rose from 68,000 in 2018 to 85,000 by the end of the first quarter of this year, the Ministry of Commerce reported in a post on its official X account. The latest figures showed that the Qassim region saw 1,342 e-commerce registrations, contributing to the overall 6 percent year-on-year increase in the sector. The increase comes as the Kingdom pushes ahead with its economic diversification strategy, aiming to increase the private sector's share of the gross domestic product from 40 percent to 65 percent by 2030. This effort is reflected in a 60 percent increase in commercial registrations in 2024 across the Kingdom, with a total of 521,969 records issued, according to the Ministry of Commerce. Business registrations continued to rise in early 2025, with 154,638 commercial records issued in the first quarter alone, representing a 48 percent year-on-year increase. The ministry report highlighted 'critical sectors' for the Kingdom include technology, tourism, and entertainment, as well as research and development. The report added: 'These sectors offer businesses significant opportunities to grow and expand partnerships.' According to the Ministry of Commerce, a commercial registration certificate verifies a business's official status within Saudi Arabia. These records are essential for operating in the Kingdom, as they are required to open a bank account, hire employees, sign contracts, and conduct other business activities. The data also showed that 71 percent of the total commercial records issued were concentrated in three key regions: Riyadh, Makkah, and the Eastern Province. This surge in registrations aligns with recent reforms to Saudi Arabia's business registration system, including the introduction of the new Commercial Register Law and Trade Names Law. Subsidiary registers have also been abolished, meaning that one commercial register now covers all businesses, and companies no longer need to specify the city of registration, as a single enrollment is now valid nationwide. The bulletin also revealed that 45 percent of the total commercial records issued to institutions are owned by women. In an interview with Arab News in April on the sidelines of the Human Capability Initiative held in the capital, Zeger Degraeve, dean of Prince Mohammed Bin Salman College of Business & Entrepreneurship, emphasized that ensuring balanced regional development is crucial as Saudi Arabia accelerates its economic diversification efforts under Vision 2030. The rise in business registrations in Qassim is aligning with its growing industrial sector, supported by its rich mineral resources, which are a key focus of Saudi Arabia's Vision 2030 diversification plan. The region's SR122 billion ($32.5 billion) in untapped mineral wealth, including significant deposits of gold, copper, zinc, and phosphate, contributes to the area's industrial development, which has seen substantial growth.
Leaders
20-04-2025
- Health
- Leaders
University of Jeddah Secures 1st Place at Harvard Health Hackathon
The University of Jeddah has achieved a remarkable global milestone as Ahmed Bawazeer, a standout student from the College of Computer Science and Engineering and a participant in the university's Gifted Talent Recruitment and Care Program, earned first place at the prestigious Harvard Health Hackathon. The event, hosted by Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC) and organized by Harvard University, was held under the theme: 'Building High-Value Health Systems: Harnessing Digital Health and Artificial Intelligence.' Competing against 160 innovative projects, Bawazeer's AI-driven solution captured top honors, highlighting the potential of artificial intelligence in transforming healthcare systems of the future. This achievement underscores the University of Jeddah's commitment to empowering its students, fostering innovation, and advancing the role of AI in building sustainable and impactful health solutions on a global scale. Related Topics: University of Jeddah Launches 'Container' Logistics Incubator with Modon Khaled Al-Faisal inaugurates the first university-run with AI in Jeddah Islamic University in Medina Launches Cultures, Peoples Festival KAUST to Host 2025 'Times Higher Education World Academic Summit,' First in Middle East Short link : Post Views: 22 Related Stories
