[Excerpt] “In 2018, the region’s combined total expenditures were just under $1.3bn, led by the UAE ($383m), Qatar ($186m), Egypt ($177m) and Saudi Arabia ($165m).”
According to Euroconsult’s Government Space Programs 2019 report, just over half (12 out of 22) of the countries in MENA have government space programmes. In 2018, the region’s combined total expenditures were just under $1.3bn, led by the UAE ($383m), Qatar ($186m), Egypt ($177m) and Saudi Arabia ($165m). The region has demonstrated remarkable dynamism, posting a five-year cumulative annual growth rate (CAGR) of 11%, largely driven by strong growth-leading programmes but boosted also by new entrants such as Tunisia, Oman and Ethiopia, as they procure their first systems.
