Arabsat, one of the leading satellite service providers in the Arab world, launched Badr-8 from Cape Canaveral Space Force Station, Florida, after four days of delay due to the thick cloud cover.
SpaceX’s Falcon 9 rocket lifted off with the Badr 8 communications satellite for Arabsat.
The nearly 10,000 pounds (4.5-metric ton) Badr 8 communications satellite will provide television broadcast services, video relay, and data services across the Middle East, North Africa, Europe, and Central Asia.
Arabsat says its investment in the Badr 8 program totals about $300 million (AED 1.1 billion), including the spacecraft manufacturing contract with Airbus, the launch agreement with SpaceX, insurance, and ground infrastructure.
European Union countries will seek to present a united front in the coming days against U.S. President Donald Trump's tariffs, likely approving a first set of targeted countermeasures on up to $28 billion of U.S. imports from dental floss to diamonds.
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.