News
Starlink In Lebanon: An End To Lebanon’s Internet Nightmare?
The Ministry of Telecommunications has looked into the SpaceX satellite system to improve connectivity.
While the rest of the world enjoys speedy web browsing and downloads, Lebanon’s internet infrastructure remains a nightmare. The country’s aging or non-existent telecom infrastructure means poor connectivity in remote locations and frequent disconnects and technical issues even in urban areas.
Now, with the Israel-Hamas conflict threatening to spill over into neighboring regions, Lebanon’s already patchy internet connectivity could become even worse, with telecommunications usually one of the first pieces of infrastructure to be targeted during an attack.
To address these problems and provide enhanced connectivity, Lebanon’s Ministry of Telecommunications has explored Elon Musk’s Starlink system, which relies on 3,200 satellites, negating the need for fixed wires and other paraphernalia.
Caretaker Minister of Telecommunications Johnny Corm thinks that Starlink could be the key to solving Lebanon’s internet woes, explaining that “The ministry will grant licenses to companies that will sell this system to individuals through the Ministry of Telecom. We will not have to pay anything,” in response to questions about how such a partnership would work.
Although expensive for individuals, Starlink would allow businesses to expand their operations with faster and more reliable internet connections. In addition, the SpaceX service would enable Lebanon to better connect to the global digital economy.
Also Read: The Largest Data Breaches In The Middle East
However, there are downsides to the satellite-based system. One of the major obstacles is cost, as the technology is much more expensive than traditional cables or fiber optics solutions. Additionally, the satellite signal could be disrupted by bad weather or other natural causes. Finally, the government would need to establish regulations to ensure the service complies with global standards.
Nevertheless, where the Lebanese government has historically been unable to meet citizens’ needs for reliable internet, Starlink has the potential to make a difference and provide a welcome boost to the Lebanese economy in the process.
News
Dirham-Backed Stablecoin DDSC Enters Live Phase In UAE
Central Bank approval moves the dirham-backed token into deployment, targeting regulated payments and settlement flows.
The UAE has cleared the launch of DDSC, a dirham-backed stablecoin now entering live operation after approval from the Central Bank. The move pushes the project beyond its pilot phase and into the country’s regulated financial system.
The token is backed by a consortium led by IHC, Sirius International Holding and First Abu Dhabi Bank (FAB), framing it as an institutional instrument rather than a consumer crypto product. DDSC was first announced in April 2025, but regulatory clearance now allows deployment and integration across approved channels.
DDSC runs on ADI Chain, a Layer 2 blockchain built by the Abu Dhabi-based ADI Foundation. The infrastructure is designed for governance and performance requirements expected by large institutions, linking blockchain settlement with existing compliance and oversight frameworks.
The focus is practical, targeting treasury settlements, high-value payments, trade and supply-chain transactions, and programmable financial flows for regulated entities. FAB plans to offer access to the token through approved platforms for its clients, keeping the rollout inside controlled banking environments.
“DDSC marks a defining milestone in the UAE’s digital finance journey,” said Syed Basar Shueb, CEO of IHC. “With the Central Bank’s approval and our transition into live operation, we are delivering trusted, institutional-grade infrastructure that strengthens resilience, accelerates innovation, and expands what is possible in regulated digital payments”.
Also Read: Basatne Debuts ORBT Platform For Digital Refunds In UAE
FAB says the project reflects how stablecoins can sit within traditional finance when risk controls are built in from the outset. “This milestone underscores that stablecoins can be integrated responsibly into the financial system when built to meet rigorous regulatory and risk requirements,” said Futoon Hamdan AlMazrouei, Group Head of Personal, Business, Wealth and Privileged Client Banking Group at FAB.
The launch reinforces the UAE’s strategy of pushing digital finance through regulation instead of open-ended crypto experimentation. Stablecoins in this model are positioned less as trading assets and more as programmable extensions of national currency, aimed at institutional scale and government use cases.
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