News

Dubai Launches The World’s Largest Ocean Restoration Project

The Dubai Reefs program will serve as a blueprint for sustainable ocean living while helping to blunt the impact of climate change.

Published

2 years ago

May 10, 2023

Nour Nasir

dubai launches the world's largest ocean restoration project

URB

Dubai has announced a bold new initiative known as “Dubai Reefs” that will help to tackle environmental degradation with the construction of a massive 200 square kilometers of artificial reefs.

The program will generate up to 30,000 new jobs during its development and will eventually become home to 1 billion corals and around 100 million mangrove trees.

The artificial reefs will also host a sustainable floating marine research unit. The institute will closely monitor Dubai’s marine and coastal ecosystems, boosting the country’s green credentials and helping to drive eco-tourism.

dubai reefs ocean front

Speaking of the tourist economy, once established, the artificial reefs will house floating eco-lodges, as well as residential, retail, and hospitality units running on solar and hydro (wave-powered) energy. Meanwhile, Regenerative Ocean Farming — an environmentally-friendly food production technique — will also form a cornerstone of the project.

dubai reefs floating eco-lodges

The CEO of the architectural studio URB, who is responsible for the design of the project, said, “The health of our cities is intrinsically tied to the health of our oceans [which will be] entirely different by the end of the century if we don’t take action today. […] As an innovative coastal city, Dubai is best positioned to lead such a transformation. Beyond creating a unique resilient destination for eco-tourism and marine research, Dubai Reefs aims to become a blueprint for ocean living while mitigating the impacts of climate change”.

Also Read: Sultan Al Neyadi Becomes The First Ever Arab To Spacewalk

The ultimate goal of the Dubai Reefs project goes beyond transforming the city into an eco-destination. Urban planners need to explore the possibilities of a floating metropolis where the ocean and city thrive in balance, given that sea levels are predicted to rise dramatically over the next century.

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

6 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.