In partnership with the USSRC, Dubai-based Space Investment Company has signed an agreement with the Ras Al Khaimah government to build a US$100m space centre in the northern emirate.

"This is the first project of its kind in the region, and will give a major boost to tourism in Ras Al Khaimah," an SIC spokesperson said.

The USSRC also plans to operate two more space tourist facilities in northern Africa and Asia.