News

Dubai-Based Carasti Lets You Rent A Car For Up To Two Years

Carasti describes itself as an all-inclusive car subscription app that removes all the hassle associated with car ownership, such as service and maintenance, while preserving all the benefits.

Published

4 years ago

May 17, 2021

Joanna Melki

dubai-based carasti lets you rent a car for up to two years

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Due to environmental and safety regulations, as well as rising costs of insurance and fuel, the cost of car ownership has never been higher. While modern public transportation systems in many countries already provide an attractive alternative, the recent COVID-19 pandemic has highlighted their limitations. Fortunately, there’s another option available: long-term car renting, and McKinsey predicts that it will generate almost 30 percent of the automotive industry’s revenue by 2030 thanks to startups like Carasti, which has just launched its service following a successful pre-Series A funding round last month.

Based in Dubai, Carasti describes itself as an all-inclusive car subscription app that removes all the hassle associated with car ownership, such as service and maintenance, while preserving all the benefits.

Carasti

“Our subscription model aims to make car ownership as flexible and affordable as possible, providing our customers with an easy alternative to car ownership,” explains the company’s CEO, Claudio Esposito-Aiardo. “There are no hidden costs, no extra fees, and no financial surprises. We simply don’t believe that you should be weighing yourself down with debts, bank loans, and payments just to drive a car.”

Also Read: Dubai-Based Startup Huspy Helps Emiratis Buy Homes Online

Carasti users can choose between two distinct subscription models. The month-to-month subscription model provides access to a variety of nearly new cars with a monthly, 6 month or yearly commitment. The mini lease subscription model lets users choose a 12 or 24-month plan on a brand-new car.

Regardless of which model you pick, you always have to provide only your Emirates ID, driving license, passport copy, or visa copy. All subscriptions include insurance, maintenance, roadside assistance, and flexible car switching. Carasti supports both Android and iOS devices, and your first car can be delivered to you in as little as 4 hours from downloading it.

Related Topics:Automotive Carasti Dubai 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

13 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.