(QHA) - The United Arab Emirates plans to launch the first Arab-built satellite into orbit in 2017, according to the state news agency WAM. The ‘Khalifa Sat’ is set to be the fifth satellite owned by the UAE, but the first to be wholly manufactured in the country. “Khalifa Sat will be the first Arab-made satellite, catapulting the Arab region into a new era of space industry and competition in space sciences,” the news agency reported. The satellite will be built at the Emirates Institution for Advanced Science and Technology (EIAST) in Dubai, according to WAM. EIAST previously launched two satellites, DubaiSat1 and DubaiSat2. The Abu Dhabi-based Yahsat currently operates two satellites and has previously indicated the possibility of launching a third.