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Starlink To Launch In Lebanon As Soon As 2022

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starlink to launch in lebanon as soon as 2022
Starlink

After launching its beta service to select customers across the United States and Canada, Elon Musk’s satellite internet constellation, Starlink, is set to launch in Lebanon as soon as 2022.

Last year, Lebanese computer science researcher Nadim Kobeissi asked Elon Musk on Twitter to position one of his satellites over Lebanon. His tweet quickly gained traction among other Lebanese Twitter users, many of which have to rely on slow and unreliable internet connections that are behind the rest of the world.

To everyone’s surprise, Musk replied, assuring Nadim that Starlink would provide global coverage. Well, it’s now clear that Musk was serious because pre-orders are already available with a fully refundable deposit of $99. The deposit will go toward the cost of the hardware kit ($499), the monthly service fee ($99 a month), and the shipping & handling fee (varies from region to region).

The fine print states that paying the deposit doesn’t guarantee availability. Instead, the deposit gives the payer’s order a higher priority in their region for ordering Starlink when it becomes available in the future.

Those who receive the Starlink kit can look forward to data speeds between 50 Mbps and 150 Mbps and latency from 20 ms to 40 ms, which is good enough for online gaming, high-definition streaming, and video conferencing. Both speed and latency are promised to keep improving as SpaceX, the company behind Starlink, launches more satellites and improves its software.

Already, around 1,000 Starlink satellites have been launched into orbit, but SpaceX has sought approval for tens of thousands more. Other private companies that are planning to launch satellite internet constellations include OneWeb, Amazon, Samsung, and Boeing.

Also Read: Instagram Music Is Finally Available In The Middle East

At the moment, satellite internet access is aimed mostly at people living in rural and hard-to-reach locations, where wired connectivity has typically been a challenge. As the technology improves and the number of satellites in orbit increases, it’s possible that it will become a viable alternative to broadband internet even in otherwise well-connected areas.

It still isn’t clear whether or not the Lebanese government will formally allow the use of Starlink within the country as Ogero, Lebanon’s state telecommunications operator, doesn’t allow the use of Internet services that don’t pass through their network. It will be interesting to see what their take is on the matter.

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Stripe Enters The Middle East With Its UAE Launch

Stripe will initially only be available to UAE businesses, allowing them to accept online payments, make payouts, mitigate fraud, and attract customers from around the world.

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stripe enters the middle east with its uae launch

Stripe, a provider of online payment processing for internet business, has finally expanded to the Middle East with its official launch in the United Arab Emirates. The Irish-American company also opened an office in Dubai Internet City, allowing it to be closer to its new customer base.

At first, Stripe will only be available to UAE businesses, allowing them to accept online payments, make payouts, mitigate fraud, and attract customers from around the world.

“The UAE is a thriving hub for technology, supported by strong investor appetite, internet-savvy consumers, and an open, innovative ecosystem of business leaders and entrepreneurs,” said Matt Henderson, EMEA Business Lead at Stripe. “Our launch today also means we can now connect our global user base to the Gulf, enabling them to seamlessly expand their operations in the region.”

stripe launches in the united arab emirates

Stripe Newsroom

Stripe’s entry into the Middle East market comes just weeks after its latest round of funding, which has resulted in the company’s value jumping up to $95 billion and making it one of the most valuable fintech companies in the world.

The UAE is the perfect entry point for the online payment processing provider because the total value of digital payment transactions in the gulf country has doubled in the last two years alone, reaching $18.5 billion in 2020. If the UAE remains on the current growth trajectory, its e-commerce sector is expected to add nearly another $10 billion over the next two years.

Also Read: Sarwa Helps UAE Residents Easily Invest In Global Stocks

Another factor that makes the UAE such an ideal expansion point is the fact that accepting online payments in the country has historically been incredibly challenging. Stripe provides a straightforward setup process and developer-friendly APIs, making it easy for companies of all sizes to improve their online presence.

Last year, Stripe launched in the Czech Republic, Hungary, Romania, Bulgaria, Cyprus, and Malta. The company also expanded into Africa via Nigeria technology startup Paystack. In total, Stripe currently processes hundreds of billions of dollars each year.

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