News

Halo Space Capsule Set To Fly 32 Km Above Saudi Arabia

A June test flight will launch a second life-size prototype as the company reveals plans to begin commercial “Space Tourism” operations by 2026.

Published

3 years ago

March 25, 2024

Nour Nasir

Halo Space

Spanish headquartered Halo Space, a “Stratospheric Commercial Flights Company” has announced plans to launch a sixth test flight from Saudi Arabian airspace in June this year. The news comes after the company received the go ahead from Saudi Arabia’s Communications, Space and Technology Commission (CST).

This test flight will launch Halo’s prototype capsule 32 kilometers above the Earth’s surface. The craft is followed by a helium balloon that slowly ascends and lands back on Earth during the 4-6 hour journey.

Halo plans to begin commercial tourist flights by 2026 at prices of $164,000 per ticket. The company has ambitious plans to help 10,000 people into space this decade, allowing them to view what is known as the Overview Effect — a blue halo that forms around the curvature of the Earth.

Space tourists will eventually be treated to unrivaled 360º vistas for around 1-2 hours at maximum altitude, with the capsule’s windows being significantly larger than those of a commercial airliner.

“I’ve spoken with several astronauts about the feeling of profound transformation when you view the Overview Effect. Everyone should get the chance to see our home from such a view,” says HALO Space CEO Carlos Mira.

Also Read: Pioneering 3D-Printed Mosque Unveiled In Jeddah

Halo is also working with space authorities from the US, Australia, Saudi Arabia, and Spain to establish further launch sites. The exact locations have been chosen based on meteorology, territory, and airspace safety.

“It is magnificent to see our vision of making space flight more accessible come to life,” added Carlos Mira. “To prove our concept and showcase all systems working together will signal to the world that near space tourism with Halo Space is ready for lift-off”.

Related Topics:Halo Space Saudi Arabia Space

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News

NEOPAY Wants To Follow Merchants Across Channels And Borders

A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.

Published

1 day ago

October 5, 2026

Nour Nasir

neopay wants to follow merchants across channels and borders

It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.

The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.

For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.

“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.

Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country

NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.

The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.