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Tech Firms Form Partnership To Boost UAE’s Space Program
The team of companies aims to enhance the nation’s space tech and exploration potential using remote sensing and Earth Observation (EO) capabilities.
A leading AI-powered geospatial tech company called Bayanat has teamed up with fellow UAE firm and satellite solutions provider Yahsat on a new space program.
The pair will be joined by ICEYE, a well-known Synthetic Aperture Radar (SAR) producer from Finland, to build cutting-edge remote satellite sensing and Earth Observation (EO) technologies.
Synthetic Aperture Radar technology allows active sensing of the Earth’s surface, and produces high-resolution images that aren’t affected by weather conditions or the sun’s output. In addition, unlike regular imaging satellites, SAR-equipped solutions can capture images both night and day. ICEYE’s SAR satellites offer broad coverage and higher-resolution images than most, providing valuable insights for various applications.
Meanwhile, the Bayanat and Yahsat role in the space program will be to develop a constellation of around five SAR low Earth orbit (LEO) satellites. The constellation will enable stable data streams for end-to-end SAR applications and provide a wide range of geospatial insights. Between Yahsat’s advanced satellite infrastructure and Bayanat’s data analytics and AI capabilities, the program represents a significant advancement in the UAE’s journey toward building a comprehensive space ecosystem.
Aside from developing remote sensing capabilities, the program also aims to improve in-country satellite manufacturing expertise and enhance the UAE’s space exploration capabilities.
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Hasan Al Hosani, CEO of Bayanat, said, “The partnership between Bayanat and Iceye, in collaboration with Yahsat, will drive the development of a sovereign EO ecosystem, whilst contributing to skill development, scientific advancements, and sustained economic growth.” Meanwhile, Ali Al Hashemi, Group CEO of Yahsat, stated, “As part of Yahsat’s active role in empowering the space economy sector in line with the UAE’s Space Strategy 2030, we are pleased to collaborate […] on this ambitious program [to] strengthen the UAE’s leadership in the space sector in the MENA region”.
The new program follows hot on the heels of UAE astronaut Sultan Al Neyadi, who became the first Arab to perform a spacewalk from the International Space Station (ISS). The historic event lasted for 7.01 hours in the cold vacuum of space, accomplishing key objectives to maintain cabling and insulation on the station’s starboard truss.
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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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