News

Amazon Web Services Announces Its Plans To Open A Data Center In UAE

The company is also investing in local education initiatives and training programs to nurture the latent it needs to support its expansion.

Published

4 years ago

June 3, 2021

Joanna Melki

amazon web services announces its plans to open a data center in uae

Determined to strengthen its global infrastructure, Amazon Web Services (AWS), a subsidiary of Amazon providing on-demand cloud computing platforms, has just announced its plans to open a new data center in the United Arab Emirates (UAE) in the first half of 2022.

AWS currently has 80 Availability Zones across 25 geographic Regions. Once opened, the UAE data center will become AWS’s second Region in the Middle East, along with an existing in Bahrain.

“We are excited to build on the great momentum of cloud adoption in the Middle East by providing more choice for customers in the UAE to run applications and store data locally,” said Peter DeSantis, Senior Vice President of Global Infrastructure at AWS.

In addition to enabling e local customers with data residency requirements to keep their data inside the UAE, the new Region will also ensure low latency across the country when using Amazon’s growing suite of cloud services, which includes everything from storage to computer to analytics.

The UAE has been heavily focusing on becoming a thriving global hub for entrepreneurs and global enterprises alike by promoting technology innovation, and the new AWS Region will put it one step closer to achieving its goal.

Also Read: QFZA Announces Qatar’s First Laptop Manufacturing Facility

“AWS’s expansion into the UAE is a testament to our rapidly growing innovation ecosystem that will benefit from access to the world’s leading cloud platform and its advanced technologies and solutions,” said His Excellency Mohammed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development.

In the near future, Amazon Web Services would like to launch 18 more Availability Zones and six more AWS Regions in Australia, India, Indonesia, Spain, Switzerland, and the United Arab Emirates. The company is also investing in local education initiatives and training programs to nurture the latent it needs to support its expansion.

Related Topics:Amazon United Arab Emirates

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News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

8 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

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

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.