{"id":96191,"date":"2025-04-20T00:00:00","date_gmt":"2025-04-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/20\/moonward-bound-qosmosys-sets-riyadh-as-mission-control\/"},"modified":"2025-04-20T00:00:00","modified_gmt":"2025-04-20T00:00:00","slug":"moonward-bound-qosmosys-sets-riyadh-as-mission-control","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/04\/20\/moonward-bound-qosmosys-sets-riyadh-as-mission-control\/","title":{"rendered":"Moonward bound Qosmosys sets Riyadh as mission control"},"content":{"rendered":"

\n

SPACE-<\/p>\n

<\/strong>Singapo<\/strong>re-based space tech architect <\/strong>Qosmosys<\/a><\/strong> plans to open a regional HQ in Riyadh<\/strong>, with the aim of transforming it into the company\u2019s global HQ within the next two years, it said in a press release<\/a>. The new hub will centralize Qosmosys' global operations and targeted R&D projects, including its lunar positioning and navigation system Triops.<\/p>\n

The office will also foster global partnerships<\/strong> and support Saudi Arabia\u2019s moon economy, KSA\u2019s Head of Development at the firm Omar Halawani said.<\/p>\n

SOUND SMART- <\/strong>The emerging moon economy is a future market focused on utilizing lunar resources, establishing essential infrastructure, and delivering vital services to support lunar missions and drive innovation in the space sector.<\/p>\n

About Qosmosys:<\/strong> Founded in 2020 by Fran\u00e7ois Dubrulle (LinkedIn<\/a>), the company specializes in the design and integration of advanced space system architectures and aims to advance lunar exploration.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

\n

MINING-<\/p>\n

The <\/strong>World Mining Union<\/strong> \u2014 a <\/strong>Saudi Gold Refinery<\/a><\/strong> subsidiary \u2014 is seeking a mineral and <\/strong>gold prospecting license in Egypt\u2019s Eastern Desert<\/strong> within the concession area of Shalateen Mineral Resources Company<\/a>, the parent company\u2019s operations manager Yousif Abdulrahim told Asharq Business<\/a>. Saudi Gold Refinery Group officials will visit Cairo in two weeks to discuss potential mining investments, Abdulrahim said.<\/p>\n

Part of a broader mining push: <\/strong>Saudi Gold Refinery has set targets to expand into Egypt, Sudan, Ethiopia, Eritrea, Pakistan, and Kazakhstan by 2025. It also requested 162 additional exploration licenses in the Kingdom on top of its 25 current licences \u2014 aimed at establishing and operating more gold mines by 2030.<\/p>\n

ICYMI-<\/strong> Saudi Gold Refinery inked multiple agreements with Chinese mining firms at China\u2019s Tianjin Mining Conference last October<\/a> to expedite gold production in the Kingdom from the time of its discovery by up to 70%.<\/p>\n

\n

CONSULTANCY-<\/p>\n

US-base<\/strong>d c<\/strong>onsultancy Bain & Company inaugurated a new regional headquarters in the <\/strong>King Abdullah Financial District<\/strong>, according to a press release<\/a>. This is the company\u2019s third location in Riyadh.<\/p>\n

IN CONTEXT- <\/strong>Consultancy firms, including Deloitte and EY, have been expanding<\/a> their presence in the Kingdom to fill the vacuum left by the PIF barring<\/a> PwC from advisory contracts. Some firms have already been invited to bid on consultancy contracts for gigaprojects, including Neom.<\/p>\n","protected":false},"excerpt":{"rendered":"

PLUS: Bain & Company inaugurates new regional headquarters in King Abdullah Financial District<\/p>\n","protected":false},"author":1,"featured_media":96192,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2564],"tags":[1597,54,4185,10,3679,4188,40,4187,4186,4189,3261,4190],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-96191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-alkhorayef-water-and-power-technologies-awpt","tag-also-on-our-radar","tag-bain-company","tag-enterpriseam-ksa","tag-hail","tag-metric","tag-national-water-company","tag-qosmosys","tag-rhq","tag-sanabil-500-global","tag-saudi-gold-refinery","tag-saudi-irrigation-organization","wpautop","entry"],"acf":{"mongo_id":"c143b6ea-e671-4ebe-a723-fa25c0b11581","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/4\/1227.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Singapore-based Space-tech Qosmosys picks the Kingdom as its launchpad","related_issue":[96175],"teaser":"PLUS: Bain & Company inaugurates new regional headquarters in King Abdullah Financial District","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.935d58ae-2915-486b-8c9e-e7bda3460725.mp3"},"yoast_head":"\nMoonward bound Qosmosys sets Riyadh as mission control - 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