US President Donald Trump has signed an executive order to ease regulations for space companies launching rockets and carrying out missions.
The directive, called Enabling Competition in the Commercial Space Industry, asks federal agencies including the US Department of Transportation and the Federal Aviation Administration (FAA) to speed up the review process for space flight licences and remove outdated regulations.
It also asks the Secretary of Transportation, Sean Duffy, to “eliminate or expedite” environmental reviews for launch and re-entry licences and permits. Such regulations have proven to be a challenge for billionaire Elon Musk and his SpaceX company.
The Trump administration said the goal of the executive order, signed on Wednesday, was to make the US a more competitive player in the global space industry.
“By slashing red tape tying up spaceport construction, streamlining launch licences so they can occur at scale and creating high-level space positions in government, we can unleash the next wave of innovation,” said Mr Duffy, who also serves as acting Nasa administrator. “At Nasa, this means continuing to work with commercial space companies and improving our spaceports’ ability to launch."
Fast track to launch
The Trump administration has historically advocated reducing regulatory barriers and expediting approval processes, especially for industries it considers critical to the country, including as aerospace and defence.
Last year, Mr Musk threatened to sue the FAA after it proposed issuing $633,009 worth of penalties to SpaceX for failing to follow licence requirements during two of its launches in 2023.
Despite the row between Mr Trump and Mr Musk, SpaceX could benefit most from the executive order, with plans to test its deep-space rocket Starship more frequently.
Earlier this year, SpaceX was awarded permission by the FAA to increase launches of the powerful rocket to 25 each year. The directive would also benefit start-ups developing launch technology.
Environmental concerns
The order also led to opposition from environmental groups, who warned it could weaken protection for wildlife near launch sites.
Jared Margolis, of the Centre for Biological Diversity, said the directive “paves the way for the massive destruction of protected plants and animals". It called the move reckless and said it "puts people and wildlife at risk from private companies launching giant rockets that often explode and wreak devastation on surrounding areas".
Race with China
Mr Trump's efforts to boost the private space industry would also help the country in the race to the return to the Moon, amid competition form countries including China.
Nasa relies on space companies to achieve the goals of its Artemis Moon programme and broader ambitions in the sector.
The agency's plan to send astronauts to the lunar language for the first time since the Apollo era will only be possible when SpaceX completes its Starship human landing system. The mission is scheduled to take place on 2027.
China also has plans for a human landing mission on the Moon before 2030. Last week, its space agency completed a critical landing and take-off test of its crewed lunar lander.
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
UAE currency: the story behind the money in your pockets
Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes
How much do leading UAE’s UK curriculum schools charge for Year 6?
- Nord Anglia International School (Dubai) – Dh85,032
- Kings School Al Barsha (Dubai) – Dh71,905
- Brighton College Abu Dhabi - Dh68,560
- Jumeirah English Speaking School (Dubai) – Dh59,728
- Gems Wellington International School – Dubai Branch – Dh58,488
- The British School Al Khubairat (Abu Dhabi) - Dh54,170
- Dubai English Speaking School – Dh51,269
*Annual tuition fees covering the 2024/2025 academic year
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Director: S Sashikanth
Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan
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- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
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- Disruption Lab and Research Centre for developing entrepreneurial skills
THE SPECS
Range Rover Sport Autobiography Dynamic
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Age: 59
From: Giza Governorate, Egypt
Family: A daughter, two sons and wife
Favourite tree: Ghaf
Runner up favourite tree: Frankincense
Favourite place on Sir Bani Yas Island: “I love all of Sir Bani Yas. Every spot of Sir Bani Yas, I love it.”
What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
Zayed Sustainability Prize
The specs
Engine: Four electric motors, one at each wheel
Power: 579hp
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Transmission: Single-speed automatic
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Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
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UAE currency: the story behind the money in your pockets
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
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BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES
SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities
Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails
Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies
Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments
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Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
The specs
Engine: 1.5-litre turbo
Power: 181hp
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Transmission: 6-speed automatic
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In-demand jobs and monthly salaries
- Technology expert in robotics and automation: Dh20,000 to Dh40,000
- Energy engineer: Dh25,000 to Dh30,000
- Production engineer: Dh30,000 to Dh40,000
- Data-driven supply chain management professional: Dh30,000 to Dh50,000
- HR leader: Dh40,000 to Dh60,000
- Engineering leader: Dh30,000 to Dh55,000
- Project manager: Dh55,000 to Dh65,000
- Senior reservoir engineer: Dh40,000 to Dh55,000
- Senior drilling engineer: Dh38,000 to Dh46,000
- Senior process engineer: Dh28,000 to Dh38,000
- Senior maintenance engineer: Dh22,000 to Dh34,000
- Field engineer: Dh6,500 to Dh7,500
- Field supervisor: Dh9,000 to Dh12,000
- Field operator: Dh5,000 to Dh7,000
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Three ways to boost your credit score
Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:
1. Make sure you make your payments on time;
2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;
3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.
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