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Dubai Plans 100,000 Square Foot AI & Web 3.0 Campus

The initiative will bring $300 million in investment and create more than 3,000 jobs over the next five years.

Published

2 years ago

June 20, 2023

dubai plans 100,000 square foot ai and web 3.0 campus

On Monday, Dubai International Financial Centre (DIFC) announced plans to create the largest cluster of artificial intelligence companies and tech startups in the MENA region. The initiative will be known as the “Dubai AI & Web 3.0 Campus” and has been given the go-ahead through directives by the First Deputy Ruler of Dubai, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, who also acts as Deputy Prime Minister and Minister of Finance for the UAE, and President of the DIFC.

Over the next five years, the Dubai AI & Web 3.0 Campus will expand to over 100,000 square feet and become a haven for entrepreneurs, tech disruptors, developers, and anyone passionate about emerging technologies. The campus will be constructed with a world-class digital infrastructure while including R&D facilities, shared workspaces, and giving access to accelerator programs to build and scale AI companies.

Governor of the DIFC, Essa Kazim, was enthusiastic about the recent announcement, noting that: “DIFC’s 2030 strategy is central to shaping the future of finance and innovation. AI is expected to inject Dh103 billion into the UAE economy by 2035 and contribute 14 percent to the country’s GDP by the decade’s end. The Dubai AI & Web 3.0 Campus will significantly contribute to this growth as a global nexus for R&D, investment, and innovation by attracting over $300 million in collective funds, 500+ global AI and Web 3.0 startups, and creating 3000+ jobs by 2028”.

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Investors and government officials hope the new initiative will catalyze local growth, attracting global startups, innovators, and industry leaders to the site and establishing a thriving local tech industry.

By seamlessly integrating physical and virtual infrastructures, the Dubai AI & Web 3.0 Campus could eventually become a preferred headquarters for leading Web 3.0 and AI companies and venture capitalists operating in the MENA region.

Related Topics:Artificial Intelligence Dubai Web3

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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

10 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.