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Saudi fund launches new group to boost space industry
Space Daily ^ | May 27, 2024 | AFP Staff Writers

Posted on 05/28/2024 8:20:24 AM PDT by Salman

Saudi Arabia's Public Investment Fund (PIF)on Monday launched the Neo Space Group to work on the kingdom's nascent satellite and space industry, its first investment in the sector.

One of the world's largest sovereign wealth funds, the PIF has already invested heavily in sports, gaming and so-called Saudi giga-projects including Neom, a $500-billion futuristic megacity under construction in the desert.

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Under Crown Prince Mohammed bin Salman, the de facto ruler, Saudi Arabia has sought both to open up and diversify its oil-reliant economy.

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(Excerpt) Read more at spacedaily.com ...


TOPICS: Culture/Society; Government; News/Current Events
KEYWORDS: saudiarabia; space
Guess who is coming to outer space.
1 posted on 05/28/2024 8:20:24 AM PDT by Salman
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To: Salman

MUSLIMS IN SPACE !!!!


2 posted on 05/28/2024 8:21:55 AM PDT by butlerweave
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To: Salman
giphy
3 posted on 05/28/2024 8:30:15 AM PDT by PGR88
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To: Salman

“Launches!”. Get it. Them Saudis eh.


4 posted on 05/28/2024 8:47:44 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘!)
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To: Salman
These Muzzie astronuts are gonna get lonely unless they have...
Goats In Space
goats-in-space
5 posted on 05/28/2024 8:53:40 AM PDT by The Louiswu (Pray for Peace in the world.)
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To: Salman

Sooooo how would any Saudi Muslim pray in outer space? Is there a functioning Kaaba compass that points the direction?


6 posted on 05/28/2024 1:15:39 PM PDT by existentially_kuffer
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