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The Finance World Magazine| Edition: March 2023

The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil. In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups. Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector. Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

The March edition of The Finance World Magazine (TFW) delves into the Zayed Ambition 2 project, which strives to investigate the feasibility of leveraging the UAE's burgeoning space economy for sustainable development. This initiative showcases the country's commitment to diversifying its economy and reducing its reliance on oil.
In a featured interview, CEO Shaaista Khan Osman and Managing Director Osman Osman of Blu Blood share their insights about the event management industry in the UAE. This issue also includes insights from Sridhar Vembu, CEO of Zoho Corporation, on emerging AI tools, along with some advice for SMEs and startups.

Through this edition, we also bring you insights on topics like the UAE's steadfast dedication to sustainable growth and development, Dubai surpassing global and regional tourism recovery levels, the sports industry emerging as a promising sector magnetizing international investors, and many more key informational articles in the finance sector.


Keep yourself up to date with all financial sector news with our current news segments. Each person can find something unique from us. We believe our readers deserve real value from what we have to offer.

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Cover Story<br />

Astronauts aboard the International<br />

Space Station spoke to Crew-6 on the<br />

Dragon spacecraft after a successful<br />

docking. Astronaut Sultan AlNeyadi<br />

was greeted in the Arabic language.<br />

He entered the International Space<br />

Station where he will spend the next<br />

6 months on the longest Arab space<br />

mission in history. Adding to this<br />

great achievement, the MBRSC hosted<br />

SpaceOps <strong>2023</strong> in the UAE for the first<br />

time, bringing together key stakeholders<br />

from the space sector at the Dubai<br />

<strong>World</strong> Trade Centre on <strong>March</strong> 6-10,<br />

<strong>2023</strong> under the theme “Invest in Space<br />

to serve Earth and Beyond”.<br />

Taking that recent achievement<br />

made by the UAE, it is worth noting<br />

that the space sector has emerged as a<br />

key contributor to the UAE’s economy,<br />

generating significant employment<br />

opportunities, promoting innovation<br />

and knowledge transfer, and driving<br />

economic growth. <strong>The</strong> UAE’s strategic<br />

investments in the sector have been<br />

focused on developing advanced<br />

satellite technologies, investing in<br />

space research and development,<br />

and fostering partnerships with<br />

32 www.thefinanceworld.com <strong>March</strong> <strong>2023</strong><br />

Zayed Ambition<br />

2, under the<br />

UAE Astronaut<br />

Programme,<br />

adds to UAE’s<br />

scientific<br />

achievements<br />

with 19<br />

experiments by<br />

Al Neyadi.<br />

international space agencies. Sen. Bill<br />

Nelson, NASA Administrator, referred<br />

to the importance of International<br />

Partnerships in the Space Sector,<br />

including NASA’s partnership with<br />

the UAE.<br />

Zayed Ambition 2 – a Crucial<br />

Achievement for the UAE’s Space<br />

Sector:<br />

<strong>The</strong> mission is one of a series of<br />

ambitious Emirati missions, which<br />

include the launch of MBZ-Sat and the<br />

arrival of the Explorer Rashid to the<br />

moon. Zayed Ambition 2, a part of the<br />

UAE Astronaut Programme, is a crucial<br />

addition to the scientific achievements<br />

of the UAE’s space sector and will<br />

see Al Neyadi conduct 19 research<br />

experiments and advanced studies.<br />

Sultan Al Neyadi, undertaking the<br />

UAE Astronaut Mission 2, is the Mission<br />

Specialist of the Crew-6 mission,<br />

along with NASA astronauts Stephen<br />

Bowen (Spacecraft Commander) and<br />

Warren Hoburg (Pilot), and Roscosmos<br />

cosmonaut Andrey Fedyaev (Mission<br />

Specialist). Crew-6 is part of Expedition<br />

68/69 to ISS.

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