Home Industry Aerospace Saudi and Italy sign MoU for peaceful use of outer space
Saudi and Italy sign MoU for peaceful use of outer space
Tue, 28 Jun, 2022 By Arya M Nair, Intern Reporter
The Saudi Space Commission (SSC) and the Italian Space Agency have signed a Memorandum of Understand (MoU) for the peaceful use of outer space with the aim of providing a cooperation framework in special activities.
The MoU also requires reviewing fields of joint interest in space expeditions and facilitating the exchange of information, technologies and personnel working in fields of joint interest. CEO of the Saudi Space Commission Dr. Mohammed Al-Tamimi and President of the Italian Space Agency Mr. Giorgio Saccoccia signed the MoU.
This came within the sidelines of the 12th session of the Joint Saudi-Italian Committee which was held in Riyadh as part of bilateral relations between the Kingdom of Saudi Arabia and Italy, in the presence of Minister of Finance (MoF) Mr. Mohammed bin Abdullah Al-Jadaan, head of the Saudi side, and Italian Minister of Foreign Affairs Mr. Luigi Di Maio.
Italy's Pirelli selects National Auto Parts to become its KSA distributor by Shilpa Annie Joseph 6 Jan, 2023 National Auto Parts (NAP), a subsidiary of Petromin Corporation, has…
Additionally, the agreement aims to advance bilateral cooperation between the two parties in the areas of space sciences and engineering, boosting the role of the scientific mission and inhabited trips programs, and enhancing cooperation in earth monitoring, space applications data, satellite manufacturing, and satellite launch.
The Saudi-Italian Joint Commission has worked on many fronts and has accomplished a lot, particularly in the areas of, trade, investment and finance, infrastructure and transportation, agriculture, water and environment, education, science and technology. It will also play a vital role in developing economic, trade, investment and technical relations between the two countries.
The events also witnessed the signing of an MoU between the Federation of Saudi Chambers and the General Confederation of Italian Industry to establish a joint Italian-Saudi business council.
Related: DEWA partners with Eutelsat to advance its Space-D program & 3U nanosatellite
Italian Space Agency
Saudi Arabia Business News
Saudi Space Commission
Arya M Nair
Ms. Arya M Nair, Intern Reporter at GCC Business News compiled and corroborated this article. She holds a Master's in Communication And Journalism.
Dammam Valley & Arcensus to establish Saudi-German Genomic Center in Riyadh
Saudi's Dammam Valley acquires Germany's digital healthcare firm Arcensus
Ma'aden launches Tharwah to boost mining sector contribution to Saudi GDP
UAE health authorities link Riayati, Malaffi...
UAE & Indonesia ink...
Emirates SkyCargo, Emirates Post...
Mashreq, DAFZA join forces...
Oxford COVID-19 vaccine behaving...
Trash collected from world's...
Historic; NASA's Perseverance Rover...
Qatar's Commercial Bank named as Best Trade Finance Provider