News

Dubai-Based Angel Investor Fuels Growth For GameCentric

The platform aims to triple its user base across the MENA region, a market projected to reach 88 million gamers by 2026.

Published

1 year ago

February 23, 2024

Joanna Melki

dubai-based angel investor fuels growth for gamecentric

GameCentric, a leading gaming platform in the MENA region, has secured a substantial USD 1.5 million (AED 6 million) investment from a Dubai-based Angel Investor, Bilal Merchant. The platform went live on December 1st, 2023, immediately following the funding round.

The infusion of capital strategically positions GameCentric to expand its platform and features beyond the GCC & MENA region, promising to redefine the gaming landscape for players worldwide.

Saad Khan, CEO of GameCentric, emphasized, “Crafting a robust vision for our platform, supported by a sound business model and a seasoned management team, resonated with the angel investor, like Bilal Merchant, who recognized the immense potential within GameCentric, which drove his decision to invest. Our aspiration is not just to be a gaming platform but a cultural phenomenon transcending borders. Collaboration with industry leaders, community-driven programs and an unwavering commitment to having the best user experience drives our future initiatives”.

GameCentric plans to integrate cutting-edge technologies to stay competitive and offer compelling propositions for brands and game publishers. By 2025, the company aims to become a web3 native platform, introducing digital assets such as cryptocurrencies.

Also Read: Top 10 Best Video Games Set In The Middle East

Supporting its ambitious expansion plans, GameCentric has gathered support from industry heavyweights, including LIV, the UAE’s first digital bank powered by Emirates NBD, and Saudi eSports organization POWReSports.

The platform is now poised for aggressive growth and market expansion over the next two years. The company aims to triple its user base across the MENA region and double its array of game titles, catering to both web2 and web3 genres. This initiative not only enhances the gaming experience but also offers innovative customer engagement opportunities for brands.

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

7 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.