News
UAE’s Yahsat Introduces Smartphone-To-Satellite Connectivity
The service also allows seamless connectivity for IoT (Internet of Things) devices, and works irrespective of geographical location.

Yahsat, a satellite services firm based in Abu Dhabi, has initiated a groundbreaking service known as “direct-2-device”, enabling seamless connectivity for smartphones and IoT (Internet of Things) devices, irrespective of geographical location.
In its initial phase, Yahsat aims to provide voice and messaging services within the current year, with plans to expand its offerings to include texting and IoT functionalities on smartphones by 2025, utilizing the forthcoming Yahsat Geostationary Earth Orbit (GEO) satellites, slated for launch later in the year.
A subsequent phase, dubbed Project BlueStar, is set to facilitate comprehensive direct-to-device connectivity through an adaptable satellite network.
This two-phase deployment encompasses voice, messaging, and data. Yahsat is set to provide a sneak peek of its D2D portfolio at the Mobile World Congress 2024 in Barcelona later this month.
The integration of satellite-linked features into mobile devices is gaining traction. Owners of Apple’s iPhone 14, iPhone 14 Pro, iPhone 15, or iPhone 15 Pro can already connect to satellites for emergency texting services, and similar connectivity may soon become a standard smartphone feature.
“We are excited to launch our D2D strategy to revolutionize our industry by providing billions of people, organizations and businesses across various sectors with seamless, reliable and efficient access to connectivity,” said Ali Al Hashemi, Group CEO.
“This strategy is a critical and significant part of Yahsat’s wider growth strategy. We developed our D2D strategy – Project SKY, by carefully examining our strengths and capabilities and leveraging our expertise to capitalize on evolving market conditions,” he added.
Also Read: Introducing ChatGPT’s New Feature: Conversation Recall
Yahsat’s five satellites currently cover over 80% of the global population and deliver C, Ku, Ka, and L-band satellite communication solutions to consumers, governments, and businesses across various land, maritime, and aerospace platforms.
In 2020, Yahsat commenced the construction of Thuraya 4, an advanced telecommunications system for Thuraya, scheduled for launch in 2024 and operational by 2025. Additionally, construction began last year on two ‘software-defined’ telecommunication satellites, Al Yah 4 and Al Yah 5, anticipated to be launched in 2027 and 2028, respectively.
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.

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.