News

BMW To Test Its iX5 Hydrogen Model In The Middle East

In spring 2023, BMW will debut the small-series hydrogen-powered demonstrator vehicle with a view to enabling carbon-free mobility in the region.

Published

2 years ago

December 9, 2022

Nour Nasir

bmw to test its ix5 hydrogen model in the middle east

BMW

The BMW Group has begun the manufacture of a small-series hydrogen-powered car, known as the iX5 Hydrogen model, with work taking place at the firm’s Munich Research and Innovation Centre.

The car will be the first Sports Activity Vehicle (SAV) to feature this futureproof fuel source after a successful round of intense hydrogen fuel cell testing in demanding conditions. Once ready, the iX5 Hydrogen will head to the Middle East in the spring of 2023, where it will become a technology demonstrator of carbon-free mobility.

As for the car itself, the iX5 Hydrogen features an electric motor and high-performance battery positioned in the rear axle, using the same BMW eDrive technology that can also be found in the company’s electric and plug-in hybrid models.

bmw ix5 hydrogen engine

Across the Middle East, clean energy adoption has become a strategic priority, with several countries aiming for net-zero emissions targets by 2050. As part of a more significant push into alternative energy sources, the region aims to capture a large portion of the global hydrogen market.

Also Read: Netskope Predicts Future Middle East Cybersecurity Trends

“Hydrogen is a versatile energy source that has a key role to play as we progress towards climate neutrality,” says Frank Weber, board member of BMW AG.

The charging infrastructure for typical electric vehicles isn’t uniformly spread across the Middle East, where, for obvious reasons, petrol still dominates as a fuel source. BMW’s hydrogen fuel cells are highly desirable in these kinds of scenarios, as they allow faster fueling and longer ranges than a typical EV could achieve.

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

11 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.