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Luxembourg

Luxembourg’s Defence Strategy Boosts Tourism Confidence

Luxembourg’s increased defence spending in 2025 is having an unexpected impact on tourism by raising the country’s profile as a secure, stable destination. The government’s acceleration of defence investment toward NATO targets has drawn international delegations, security forums and business visitors, boosting hotel bookings and event attendance. Tourism officials are leveraging this momentum to position Luxembourg as a year-round destination for conferences and business events, especially in defence and technology sectors. This shift is generating economic benefits beyond traditional leisure travel. Enhanced security measures are also strengthening visitor confidence, with upgraded systems and cyber protections reinforcing Luxembourg’s reputation as a safe place to visit. Cultural attractions and local hospitality continue to complement this image for international travellers. Read more: https://www.travelandtourworld.com/news/article/luxembourg-tourism-gains-new-momentum-as-2025-defence-strategy-boosts-events-security-image-visitor-confidence/ Join Luxembourg Expats, the #1 homegrown community for expats in Luxembourg. Connect with people and businesses locally - discover expats focused local services, buy and sell items, find housing and apartment rentals and buys, events, discounts and meet people to make friends - all in one expats companion app in Luxembourg. Sign up free at www.luxembourgexpats.lu and become part of Luxembourg’s trusted expats network.  

News

Paytm Goes Global with New Units in Indonesia and Luxembourg

Fintech company Paytm’s parent, One97 Communications, is broadening its global footprint by establishing wholly owned subsidiaries in Indonesia and Luxembourg, aiming to grow its merchant payments and financial services internationally. The company plans to invest up to ₹25 crore in each new unit to support local licences, partnerships and organic expansion efforts.  At the same time, Paytm is restructuring its United Arab Emirates (UAE) business by selling a 49% stake in its Paytm Arab Payments arm to Abbar Global Opportunities Holdings, linked to UAE property billionaire Mohamed Alabbar. This will make the UAE unit 51% owned by Paytm Cloud Technologies while bringing in local investment and strategic support.  The move reflects Paytm’s strategy to enter new markets and strengthen its global technology distribution network. With the fresh subsidiaries and UAE partnership, the company is positioning itself for broader international growth.  Read more: https://www.storyboard18.com/brand-marketing/paytm-expands-overseas-presence-with-indonesia-luxembourg-units-dilutes-uae-arm-stake-86369.htm Join Luxembourg Expats, the #1 homegrown community for expats in Luxembourg. Connect with people and businesses locally - discover expats focused local services, buy and sell items, find housing and apartment rentals and buys, events, discounts and meet people to make friends - all in one expats companion app in Luxembourg.Sign up free at www.luxembourgexpats.lu and become part of Luxembourg’s trusted expats network.  

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