New UAE Space Law
United Arab Emirates is all set to establish its own space law. This space law is intended to pave the way and an environment for the private sector and the space economy. This law is yet to come into approvals and it is aimed to attract investments and operations in the economy. The domestic and international investors are well protected under this new space law which will give them security and the correct environment to encourage investments.
Space tourism is trending currently and this law is an initiative towards the same. The authorities will soon draft a document pertaining to the space law. The UAE space agency recently gave its statement that the law will see the light of day soon and it will provide effective coverage and protection to the relevant space activities.
Some remarkable achievements in UAE space law:
25 September will be the day for the first Emirati astronaut to jet off in the space
Unmanned probe to Mars by the end of July 2020
Dubai to launch the first ever simulation of Mars city