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Aramex And Regent To Develop Electric Seagliders
The UAE logistics company will team up with a US maritime transport firm to explore opportunities in the Middle East and beyond.
Aramex, the Middle East’s largest courier company, has teamed with US maritime transport firm Regent to develop a fleet of electric seagliders to transport goods from ports to warehouses and distribution centers.
The Regent-built seagliders combine an aircraft’s speed with a boat’s practicality and convenience. Built to serve island and coastal communities, the hybrid craft will carry people and cargo up to 290 km using sustainable battery technology.
“We are keen to enhance our capabilities to move packages efficiently and effectively over sea routes, given the expansion and development of coastal cities within our core region. [The electric seagliders] complete the trifecta of air, sea, and land for our future vehicle program development,” explained Angad Singh, global director for innovation at Aramex.
The Aramex and Regent partnership is facilitated through the UAE’s Strategic Development Fund and aims to explore opportunities in the Middle East and other important markets.
The two companies will identify potential “middle-mile” routes on which seagliders can move cargo from ports to nearby distribution hubs. The scheme aims to offer a cleaner and more efficient alternative to existing logistics options.
Demand for sustainable logistics is rising, with 75% of transport companies actively searching for environmentally friendly shipping options in a bid to lower carbon footprints and keep trade flowing.
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According to Billy Thalheimer, co-founder and chief executive of Regent, middle-mile logistics is a “large, untapped opportunity for sustainable innovation,” and the partnership will “unlock new economic potential”.
Last month, Aramex announced a massive 76% drop in third-quarter profits amid continued worldwide economic challenges, soaring interest rates, and currency fluctuations. Shares owned by equity holders for the three months to the end of September 2023 are now valued at around $2.6 million.
News
Visa’s Return To Syria Starts With A Test And A Bank In Lebanon
Foreign visitors will be the first users to benefit, but whether Syria’s own banks and cardholders follow is still an open question.
Visa is returning to Syria. Its first live international card transaction in the country was a test rather than a launch, and the milestone event ran through a Lebanese bank.
The acquirer (the bank on the merchant’s side of a card payment) was Fransabank Lebanon, with Paymera as the other named partner. Nadim Moujaes, who heads a Fransabank Group subsidiary, describes the test as both the culmination of “longstanding efforts to link Syria back to international payment networks” and “the first step in a larger path”.
Syrian President Ahmed Al-Sharaa makes the first electronic payment in Syria using a @Visa card at a store in Damascus, following the lifting of US sanctions on Syria. pic.twitter.com/lpAN7nQ6Fc
— Tech Magazine (@TechMGZN) August 27, 2026
“We are excited to have successfully tested live transactions today as we plan to enable international visitors to use their Visa cards while in Syria,” says Leila Serhan, Visa’s senior vice president and group country manager for the North Africa, Levant and Pakistan region. Although a significant first step, that plan doesn’t come with a hard date for when a visitor’s card will work normally.
Mohammed Safwat Raslan, governor of the Central Bank of Syria, says the test paves the way for international card acceptance in Syria and that maintaining strong compliance, risk management and operational controls will remain essential. Serhan likewise stresses that Visa has worked within applicable legal, regulatory and compliance requirements. For a test transaction, it seems there was a great deal of attention paid to the rules, with the entire operation being carefully managed.
Also Read: Lebanon’s 5G Era Begins With 150 Stations And A $1M Budget
The test is the latest step in a sequence that began in December 2025, when Visa announced a strategic roadmap to support Syria’s integration into the global digital economy. In February 2026 it hosted its first industry gathering of banks, ecosystem partners and policymakers in Damascus and, the same month, signed an agreement with Syria’s Ministry of Communications and Information Technology in San Francisco.
Michel Kattouah, Paymera’s CEO, called the test “the return of international card acceptance,” but while that’s positive news, there’s no word yet on when a Syrian bank will issue a Visa card to a Syrian customer.
Visa’s Return To Syria Starts With A Test And A Bank In Lebanon
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