News

Du Users Can Expect Faster Internet Speeds As New Tech Arrives

Enhanced gaming and virtual experiences will become the norm as the telecom firm rolls out multi-carrier aggregation technology.

Published

2 years ago

August 14, 2023

Nour Nasir

du users can expect faster internet speeds as new tech arrives

Internet speeds will soon be up to three times faster for du users in the United Arab Emirates as the carrier rolls out multi-carrier aggregation technology. The move will allow seamless artificial intelligence (AI) and 8K video streaming, plus enhanced experiences for metaverse and UHD cloud gaming users.

“We anticipate that in the near future, average bandwidth demands of users will increase multi-folds. Multi-carrier aggregation is a proven way to enhance the peak and average throughputs of wireless networks, and thus we embarked on this journey,” explained Saleem Al Blooshi, chief technology officer of du.

Along with the latest improvements, du will soon offer 3CC-enabled advanced 5G home wireless for even faster speeds.

Also Read: The Top 10 Worst Cyberattacks In The Middle East Revealed

The latest round of upgrades by the telecom carrier is sure to help the UAE remain at the top of internet speed rankings. The country currently sits at number two globally and number one amongst Arab countries, with average download speeds of 239.2 Mbps. Singapore narrowly beats the UAE, topping the list with average speeds of 247.29 Mbps.

News

Stake Powers Instant Payouts With Checkout.com Pay To Card

The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.

Published

2 days ago

June 19, 2025

Nour Nasir

stake powers instant payouts with checkout.com pay to card

Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.

After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.

The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.

Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.

Also Read: Binance Enters Syrian Market As Sanctions Lifted

Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.

Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.