News

Abu Dhabi Is Now Open For Virtual Tourists To Explore

Yas Island has recreated key landmarks and top-billed attractions within the leading gaming platform, Roblox.

Published

11 months ago

August 23, 2023

Nour Nasir

abu dhabi is now open for virtual tourists to explore

Roblox

Yas Island is ready to be discovered by a new global audience of digital travelers as it launches a unique virtual experience, allowing virtual tourists to digitally explore 25 square kilometers of Abu Dhabi’s premier entertainment and leisure district, plus other iconic Emirati landmarks.

The new initiative is part of a collaboration between the Department of Culture and Tourism, Aldar, Miral, twofour54, and Ethara.

The virtual Yas Island experience has been developed by Super League and is hosted on the leading gaming platform Roblox. Dubbed “Yas Island Tycoon – Roblox,” users will be able to take a thrilling journey through key Abu Dhabi landmarks across Yas Island and beyond, including SeaWorld, the Yas Marina Circuit, Etihad Park, Aldar Square, Al Jahili Fort, and many more.

abu dhabi is now open for virtual tourists to explore in roblox

As travelers wander the virtual destination and sample its attractions, they will experience theme park rides and race car driving, plus be able to construct virtual homes.

HE Saeed Al Fazari, Strategic Affairs Executive Director at DCT Abu Dhabi, said: “This immersive adventure in the virtual realm is the latest example of Abu Dhabi’s commitment to utilizing innovation and creativity to reach ever wider audiences. While we have shared Abu Dhabi with millions of visitors in the real world, today marks the start of a new phase in our journey”.

Also Read: Saudi Arabia Launches $200 Million High-Tech Investment Fund

Rashed Al Omaira, Chief Commercial Officer at Aldar Development, also noted: “The virtual Yas Island experience unlocks new opportunities for a global audience […] The effective use of innovative content creation enables us to tell the story of Abu Dhabi and allows people worldwide to become immersed in it. We are excited to see people interact with Aldar’s assets on Yas Island in the virtual world and hope it inspires them to take a trip to Abu Dhabi soon”.

You can visit the Yas Island virtual experience at Yas Island Tycoon – Roblox.

News

Mamo Completes $3.4M Funding Round To Enhance Fintech Services

The startup will use the influx of cash to expand into Saudi Arabia and across the wider GCC while improving its product offering.

Published

1 day ago

July 25, 2024

Nour Nasir

Mamo

UAE-based fintech Mamo has announced the completion of a $3.4 million funding round that will help the startup extend its market presence and improve its product offering. Investors included 4DX Ventures, the Dubai Future District Fund and Cyfr Capital.

Mamo’s platform offers “payment collection, corporate cards and expense management” to help small and medium-sized businesses consolidate and streamline their operations. With the latest influx of capital, Mamo will further develop its comprehensive suite of services and begin testing its product lines in Saudi Arabia, further extending its footprint across the GCC.

Imad Gharazeddine, co-founder and CEO of Mamo, stated: “We’ve been in the market for a while now and are incredibly proud of what our team has achieved. The holistic and expansive nature of our product offering has helped us continue to grow sustainably. This additional funding will allow us to reach our medium-term goals even faster. The support from new and existing investors is a testament to our strong expertise and the ability to deliver on our customer promise”.

Daniel Marlo, General Partner of lead investor 4DX Ventures, added: “We have immense trust in Imad’s vision, leadership and Mamo’s innovative approach to provide a user-friendly and comprehensive financial solution for SMEs that makes financial management more accessible and efficient. We are proud to partner with them and support their mission”.

Also Read: A Guide To Digital Payment Methods In The Middle East

Amer Fatayer, Managing Director of Dubai Future District Fund’s investment team, also commented: “Mamo’s localized product lines serve as an infrastructure for SME payments and spend management in UAE, a segment that is underserved by the country’s current banking infrastructure. The team has taken a product-first approach to consolidating SMEs’ financial journeys and building a fintech solution deeply embedded in a business’s core operations”.

To date, Mamo has raised around $13 million in investment funding and now boasts a team of 30 people. The company’s intuitive financial services platform has allowed over 1,000 businesses to consolidate their financial operations and significantly reduce payment fees.