Saudi Arabia launches two locally made satellites

A Russian Soyuz-2.1a rocket with a Fregat upper stage and 38 satellites from 18 countries blasts off from a launchpad at the Baikonur Cosmodrome, Kazakhstan March 22, 2021. (Reuters)
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Updated 23 March 2021
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Saudi Arabia launches two locally made satellites

  • Project described as an important step in Kingdom’s space sector

JEDDAH: Saudi Arabia on Monday launched two satellites, including the first one to be launched by a local university, the Saudi Press Agency reported.

Shaheen Sat 17, from King Abdul Aziz City for Science and Technology (KACST), and CubeSat, from King Saud University (KSU), were launched from the Baikonur Cosmodrome in Kazakhstan on board Russia’s Soyuz-2 carrier rocket.
Shaheen Sat 17 is a new generation of small-size satellites and is dedicated to photographing the Earth and tracking ships from low orbits.
CubeSat is the first satellite to be launched by a Saudi university. It is an educational project aiming to prepare and qualify engineering students and the university in the field of satellite design and programming.
“This achievement was the fruit of the great support that the Kingdom’s research, development, and innovation sector receives from King Salman and Crown Prince Mohammed bin Salman,” said KACST chief Dr. Anas bin Faris Al-Faris.
He said the successful launch of the satellite was a continuation of the successes achieved by the Kingdom in the space sector, adding that KACST had developed and manufactured a set of highly efficient satellites that provided imaging and reconnaissance services.
KACST has launched 17 satellites during the past 20 years.

FASTFACTS

• Shaheen Sat 17 is a new generation of small-size satellites and is dedicated to photographing the Earth and tracking ships from low orbits.

• CubeSat is the first satellite to be launched by a Saudi university. It is an educational project aiming to prepare and qualify engineering students and the university in the field of satellite design and programming.

Shaheen Sat was developed by a Saudi team comprising specialists from various engineering disciplines, in cooperation with KACST partners.
Al-Faris said the satellite provided images for the government and private sector to serve the Kingdom’s development goals.
“KACST will cooperate with the Saudi Space Commission to invest in technology and develop and manufacture highly efficient satellites within a short period of time.”
Saudi Space Commission CEO Abdul Aziz bin Mohammed Al-Asheikh said that these achievements would allow the nation’s space sector to achieve the status befitting the name of the Kingdom regionally and internationally at all levels, especially since the space sector was characterized by sustainable growth, making it an economic and strategic future sought by all developed countries.
KSU President Dr. Badran bin Abdulrahman Al-Omar said: “CubeSat’s technical mission is to capture photographs of the space, the Earth, and the moon and send them to the Earth station at the university.”
He said that CubeSat was designed and manufactured by about 130 students from the university’s College of Engineering as part of a scientific project that started in 1999 at California Polytechnic State University and Stanford.
KSU’s next project includes launching a larger CubeSat, with some of its parts manufactured locally, through the experience gained from the first satellite project to carry out research missions.


Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

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Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference

  • Event on Feb. 8 and 9 will bring together ministers, governors of central banks, policymakers, economic experts and international financial institutions
  • Emerging-market economies a ‘pivotal element’ in global economic system due to effect they have on growth and stability, says Saudi Finance Minister Mohammed Al-Jadaan

RIYADH: The second annual AlUla Conference for Emerging Market Economies, which Saudi Arabia will host next week, offers a platform to exchange views on global developments and discuss policies and reforms that support inclusive growth and strengthen economic resilience, the Kingdom’s finance minister said.

The event on Feb. 8 and 9 will bring together finance ministers, governors of central banks and policymakers, alongside economic experts and representatives of international financial institutions.

Organized by the Saudi Ministry of Finance in partnership with the International Monetary Fund, it takes place as emerging-market economies face mounting challenges amid rapid global economic change.

Finance Minister Mohammed Al-Jadaan said the decision to host the conference reflects Saudi Arabia’s ongoing commitment to efforts that support global financial and economic stability, and highlights the growing influence of emerging economies on worldwide growth.

Emerging-market economies represent a “pivotal element” in the global economic system due to the direct impact they have on economic growth and stability, he added.

“The AlUla Conference for Emerging Market Economies provides a unique platform for exchanging views on global economic developments, and discussing policies and reforms that will support inclusive growth and enhance economic resilience, in light of broader international cooperation that contributes to confronting common challenges,” Al-Jadaan said.

Kristalina Georgieva, managing director of the IMF, said the event would help emerging economies deal with growing uncertainty driven by technological change, demographic shifts and geopolitical tensions.

“The AlUla conference provides a vital platform for emerging economies to discuss how they can navigate the risks and embrace the opportunities ahead,” she said.

“In these times of sweeping transformations in the global economy, policymakers face a more challenging and uncertain environment. Countries should work together to strengthen resilience through sound macroeconomic and financial policies.”