Boeing has warned of layoffs in its Space Launch System moon rocket program, saying it expects to have about 400 fewer positions in line with revisions to NASA's Artemis program and cost expectations.
The Seattle-based aerospace manufacturer said it will issue 60-day notices of involuntary layoffs to the affected employees in the coming weeks.
"We are working with our customer and seeking opportunities to redeploy employees across our company to minimize job losses," a Boeing spokesperson said via email.
The Artemis program, which is estimated to cost $93 billion (AED 341 trillion) through 2025, was established by the US space agency during the first administration of President Donald Trump. It represents the flagship American effort to return astronauts to the moon for the first time since NASA's Apollo 17 mission.
The program, however, has had significant delays and rising costs.
Artemis 2, previously planned for late 2024 and involving a crewed flight around the moon, is now scheduled for September 2025. Artemis 3, planned as the first astronaut moon landing under the program, is now planned for September 2026, delayed from late 2025.
US President Donald Trump on Tuesday threatened to cut off the billions of dollars in subsidies that Elon Musk's companies receive from the federal government, in an escalation of the war of words between the president and the world's richest man, one-time allies who have since fallen out.
Dubai Holding and Select Group, a real estate development and investment firm, have partnered to develop two "large-scale" residential and hospitality establishments in Palm Jebel Ali and Dubai Design District (d3).
Emirates REIT (real estate investment trust) has recorded total property income of $19 million in the first quarter of 2025, marking a 24 per cent year-on-year growth.
Dubai’s Roads and Transport Authority (RTA) has completed a series of rapid upgrades to improve traffic flow between Sheikh Zayed Road and Al Khail Road via Al Meydan Street.
Reem Adel Ahmed Al Zarouni, a seventh-grader from Al Ittihad National Private School in Abu Dhabi, has been named the UAE champion of the 9th Arab Reading Challenge
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his South Korean counterpart Lee Jae-myung have held a phone call to discuss strengthening ties between their nations.