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Starlink Expands Into Oman: A Major Step In Regional Connectivity

Elon Musk’s Starlink is revolutionizing internet accessibility, now with the latest expansion into Oman. Following approval from the Telecommunications Regulatory Authority (TRA), Starlink Muscat aims to blanket all regions of Oman with satellite-based broadband, offering speeds up to 100 megabytes per second.

Targeting remote areas that lack reliable internet, Starlink plans to enhance sectors like oil and gas, mining, agriculture, and tourism through smart telecommunication solutions. Notably, Starlink’s infrastructure can also connect towers in challenging terrains, further aiding Oman’s digital evolution.

Plans For Wider Regional Reach

The upcoming regions to potentially join the Starlink family by 2025 include Kuwait, Bahrain, and Jordan. Impressively, Starlink is already empowering over 50% of Qatar Airways’ Boeing 777s with in-flight connectivity.

In the UAE and Saudi Arabia, regulatory approvals are still pending. However, a license has been issued in the UAE effective from June 2024, marking a promising future for connectivity in the Middle East.

A Global Achiever

Starlink continues to make waves globally, with services now available in Armenia, reaching over 5 million customers across 130 markets. The Omani entry will not only bolster competition but also enrich services for local businesses and individuals. Under Royal Decree No. 42/2023, Starlink Muscat is set to redefine connectivity in Oman.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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