The merger’s fruition is contingent upon meeting various conditions, including regulatory approvals from entities such as the SCA, ADGM Registration Authority, and other regulatory bodies
Bayanat and Yahsat have announced a combined entity, Space42, which will be one of the world’s most valuable publicly listed space companies by market cap
The merger is subject to regulatory and shareholder approvals and is expected to close in the second half of 2024
The licence will allow WeRide to conduct various road testing exercises and autonomous driving operations across the UAE
The subscription period for the listing will open on October 21 and close on October 25